# BioSurplus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/biosurplus

- Industry: Medical Devices & Equipment
- Headquarters: San Diego, US
- Website: www.biosurplus.com
- Total disclosed funding: $2.4M
- Latest round: Series A (Jul 17, 2012)
- Investors on record: 2

## About

BioSurplus Inc. specializes in providing innovative technological solutions that enhance operational efficiency and drive growth across various industries, particularly healthcare, finance, and retail.Founded in 2003, BioSurplus Inc. is based in San Diego, US, and focuses on delivering solutions to optimize business processes. The company has completed three deals, with the latest being a Venture Debt round in December 2012, raising USD 1.75 mn from Square 1 Bank. The total amount raised by the firm amounts to USD 2.40 mn. The current CEO is Bill VanDeWeghe.BioSurplus Inc. offers a software platform that integrates advanced analytics and machine learning capabilities, enabling clients in healthcare, finance, and retail to optimize operations, manage resources, enhance customer engagement, and ensure compliance. The company's product lineup has expanded progressively, with recent releases aimed at addressing complex business challenges for mid to large-sized enterprises primarily in North America and Europe.BioSurplus Inc. utilizes a subscription-based revenue model, providing tiered pricing plans that accommodate diverse client needs. Clients can engage through direct contracts or partnerships, selecting monthly or annual subscriptions. Additional modules and features are available for purchase, allowing customization of service packages. The company also offers premium support and consultation services, enhancing client value and fostering long-term relationships across different markets.BioSurplus Inc. plans to leverage the recent funding raised in December 2012 to further develop its software offerings and expand into new geographic regions. The company aims to enhance its product capabilities and introduce new features tailored to its clients' needs. Additionally, there are strategies to penetrate emerging markets in Asia and Latin America by 2015, providing tailored solutions to meet local demands.

## Funding rounds

- Series A, Jul 17, 2012, $2.4M — SJF Ventures, KI Investment Holdings, LLC

## Investors

- SJF Ventures (https://capitalatlas.ai/funds/sjf-ventures) — Series A
- KI Investment Holdings, LLC — Series A