# Core Informatics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/core-informatics

- Industry: Software
- Headquarters: Branford, US
- Website: www.coreinformatics.com
- Total disclosed funding: $18M
- Latest round: Series B (Jul 7, 2015)
- Investors on record: 1

## About

Core Informatics specializes in providing laboratory informatics solutions that enhance data management and operational efficiency in research and manufacturing environments.Core Informatics, founded in 2005 in Branford, US, focuses on laboratory informatics solutions. The company was acquired by Thermo Fisher Scientific in March 2016 for an undisclosed amount. The latest funding round was a Series B in March 2017, raising USD 17.50 mn, led by Oak HC/FT, bringing the total amount raised to USD 17.50 mn.Core Informatics offers a wide array of laboratory informatics solutions designed to optimize laboratory operations and data management. Their primary products include comprehensive laboratory information management systems (LIMS), cloud-based platforms such as Thermo Fisher Connect, and tailored software for workflow scheduling and spectroscopy. These solutions enable efficient sample tracking, data organization, and workflow automation, serving clients in biopharmaceuticals, academic research, and healthcare across North America, Europe, and Asia-Pacific.Core Informatics generates revenue through sales of laboratory informatics solutions to research institutions, pharmaceutical companies, and laboratories. Their revenue model is grounded in software licensing, cloud service subscriptions, and support agreements. Clients often subscribe to the Thermo Fisher Connect Platform, which facilitates collaborative laboratory management, with subscription fees varying based on access levels and features. Core Informatics' flagship products, including LIMS and spectroscopy software, are integrated into laboratory workflows and sold directly to enhance operational efficiency.The company is focusing on developing new products and expanding into emerging markets. Recent funding will be strategically used to enhance product development and market penetration. Core Informatics plans to launch updated versions of their software solutions by the end of 2018 and target entry into markets in Asia-Pacific by 2019. Furthermore, the acquisition by Thermo Fisher Scientific is expected to facilitate these growth initiatives.

## Funding rounds

- Series B, Jul 7, 2015, $18M — Oak HC/FT

## Investors

- Oak HC/FT (https://capitalatlas.ai/funds/oak-hc-ft) — Series B