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 Healthcare company based in Cleveland (United States) founded in 1999, and was acquired by Thermo Fisher Scientific in July 2011. It offers microbiology solution. The company was acqui-hired. TREK Diagnostic Systems offers products and services including Remel Products, Oxoid Products, and Sensititre Products. Its focus areas include Life Sciences, Life Sciences Platforms and Tools, Instruments and Lab Automation. Its legal entity is Thermo Fisher Scientific. Its competitors include Aethon, Hamilton Company and LabMinds; 2 of its 3 listed competitors have raised funding.

Company details

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.

Key Metrics

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.

Remel Products
Microbiology Media

Diagnostic kits and media for clinical microbiology workflows

Oxoid Products
Food Microbiology

Tools for food safety testing and quality control

Sensititre Products
Susceptibility Testing

Systems for microbial resistance and animal health detection

Funding Insights of TREK Diagnostic Systems

  • Total Rounds 1
  • Last Round Debt – Conventional β€” $16.5M
  • First Round $16.5M

    (Jun 2005)

  • Investors Count 1

All 1 funding rounds of TREK Diagnostic Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2005$16.5MDebt – Conventional––
Valuation history

3 investors in total: 3 institutional.

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Financial services are provided by NewStar Financial in Boston.
2004newstarfin.comBoston, United States
Electron microscopy services and microanalysis instruments are provided.
1956thermofisher.comWaltham, United States
Identifies and develops microbial natural product leads for pharmaceutical and industrial applications
1997magellanbioscience.comTampa, United States
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Investor details for TREK Diagnostic Systems

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  • Complete investor list
  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

Timeline of TREK Diagnostic Systems

4 dated milestones of TREK Diagnostic Systems across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded TREK Diagnostic Systems is founded.
  2. Funding First funding round of $16.5M.
  3. Exit Acquired by Magellan BioScience Group.
  4. Exit Acquired by Thermo Fisher Scientific.

Competitors of TREK Diagnostic Systems

TREK Diagnostic Systems has 3 listed competitors in our database, 2 of them funded. They include Aethon, Hamilton Company and LabMinds.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
aethon.com1997Pittsburgh, United States$55.34M103
Autonomous robots are deployed for hospital internal logistics and deliveries.
hamiltoncompany.com1953Reno, United States1,346
Developer of automated liquid handling systems
labminds.com2009Boston, United States$9.6M
Automated liquid handling systems are manufactured for lab solution preparation.
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Detailed competitors of TREK Diagnostic Systems

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of TREK Diagnostic Systems

The website of TREK Diagnostic Systems (trekds.com) receives about 2.6K visits a month.

  • Monthly visits
    2.6K

    ▼ 5.1% vs previous month

Top companies in Life Sciences Platforms & Tools

3 companies that operate in the same segment as TREK Diagnostic Systems (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
1999New York, New York, United StatesUSD 41.5 M
AI-based solutions for health management are provided.
2015Dallas, Texas, United StatesUSD 2.8 B1,111
Real-world health data is provided for research and decisions.
2012Menlo Park, California, United StatesUSD 259.16 M
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Frequently Asked Questions about TREK Diagnostic Systems

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

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

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.

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

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

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

TREK Diagnostic Systems operates through Thermo Fisher Scientific.

Yes. TREK Diagnostic Systems was acquired by Thermo Fisher Scientific in July 2011.

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