TREK Diagnostic Systems

Cleveland, United States Founded: 1999 • Age: 27 yrs Acquired By Thermo Fisher Scientific
Offers microbiology solution

About TREK Diagnostic Systems

TREK Diagnostic Systems is a company based in Cleveland (United States) founded in 1999 was acquired by Thermo Fisher Scientific in July 2011.. TREK Diagnostic Systems offers products and services including Remel Products, Oxoid Products, and Sensititre Products. TREK Diagnostic Systems operates in a competitive market with competitors including Aethon, Hamilton Company, MEGAROBO, Stratec Biomedical and LabMinds, among others.

  • Headquarter Cleveland, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Thermo Fisher Scientific
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $16.5 M (USD), Debt – Conventional

    Jun 14, 2005

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Thermo Fisher Scientific

    & 1 more

    (Jul 18, 2011)

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Products & Services of TREK Diagnostic Systems

TREK Diagnostic Systems offers a comprehensive portfolio of products and services, including Remel Products, Oxoid Products, and Sensititre Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Diagnostic kits and media for clinical microbiology workflows

Tools for food safety testing and quality control

Systems for microbial resistance and animal health detection

Funding Insights of TREK Diagnostic Systems

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $16.5M
  • First Round

    (14 Jun 2005)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2005 Amount Debt – Conventional - TREK Diagnostic Systems Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TREK Diagnostic Systems

TREK Diagnostic Systems has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Thermo Fisher Scientific, NewStar Financial and Magellan BioScience Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Financial services are provided by NewStar Financial in Boston.
Founded Year Domain Location
Electron microscopy services and microanalysis instruments are provided.
Founded Year Domain Location
Identifies and develops microbial natural product leads for pharmaceutical and industrial applications
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TREK Diagnostic Systems

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - TREK Diagnostic Systems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Trek Diagnostic Systems Comparisons

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Competitors of TREK Diagnostic Systems

TREK Diagnostic Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aethon, Hamilton Company, MEGAROBO, Stratec Biomedical and LabMinds, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Autonomous robots are deployed for hospital internal logistics and deliveries.
domain founded_year HQ Location
Developer of automated liquid handling systems
domain founded_year HQ Location
Robotic solutions for industrial laboratory automation are provided by MEGAROBO.
domain founded_year HQ Location
Provider of automated analyzer systems, data management software, and solutions for IVD sample preparation
domain founded_year HQ Location
Automated liquid handling systems are manufactured for lab solution preparation.
domain founded_year HQ Location
Robotic platforms for lab automation are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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Frequently Asked Questions about TREK Diagnostic Systems

When was TREK Diagnostic Systems founded?

TREK Diagnostic Systems was founded in 1999 and raised its 1st funding round 6 years after it was founded.

Where is TREK Diagnostic Systems located?

TREK Diagnostic Systems is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.

What does TREK Diagnostic Systems do?

REK Diagnostic Systems develops, manufactures and markets automated systems and consumable products for the microbiology diagnostic laboratory. The product portfolio of the company includes VersaTREK, Sensititre, alamarBlue, para-JEM, YeastOne, onSite, and TREK Lab Services. It was acquired by Thermo Fisher Scientific in 2011.

Who are the top competitors of TREK Diagnostic Systems?

TREK Diagnostic Systems's top competitors include Aethon, MEGAROBO and Hamilton Company.

What products or services does TREK Diagnostic Systems offer?

TREK Diagnostic Systems offers Remel Products, Oxoid Products, and Sensititre Products.

Who are TREK Diagnostic Systems's investors?

TREK Diagnostic Systems has 3 investors. Key investors include Thermo Fisher Scientific, NewStar Financial, and Magellan BioScience Group.

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