Exum Instruments

SoftwareSeries ALakewood, USexuminstruments.com

Latest round

Series A

Last raised

May 2023

Total raised

$6M

Investors

6

About Exum Instruments

Exum Instruments, Inc.Founded in 2016 and headquartered in Lakewood, US, Exum Instruments, Inc. develops cutting-edge analytical tools. The company was co-founded by Jeffrey Williams, Matthew McGoogan, and Stephen S. Exum Instruments specializes in advanced materials characterization technologies, primarily through its core product, the Massbox™, which utilizes Laser Ablation Laser Ionization Time of Flight Mass Spectrometry (LALI-TOF-MS) for analytical applications. This innovative instrument enables users to achieve trace-level quantitative results across the full periodic table, from lithium to uranium, thus addressing the need for precise material identification and contamination detection in various industries. The Massbox™ is designed for rapid analysis, allowing users to create detailed spatial maps with micron-scale resolution and characterize coatings or diagnose failures with nanoscale depth profiles.Exum Instruments generates revenue primarily through direct sales of its flagship product, the Massbox™, along with associated software and support services. Transactions typically occur through direct B2B sales to research organizations and industrial clients, where customers purchase the instrument alongside ongoing maintenance packages and software updates. The company may also offer training and consultation services as part of their value proposition, ensuring users can fully leverage the capabilities of the Massbox.In the future, Exum Instruments plans to design and launch new products aimed at enhancing its offerings in materials characterization technologies. The company is targeting expansion into new geographic markets, with specific focus on increasing its footprint in Europe and Asia-Pacific by the end of 2024.

Who invested in Exum Instruments

6 investors across 2 rounds

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Funding rounds

  1. Series A

    May 23, 2023

    Amount

    $6M

    Investors

    Locked

  2. Seed

    Jun 4, 2020

    Amount

    Undisclosed

    Investors

    Locked

Questions about Exum Instruments

Who invested in Exum Instruments?

Exum Instruments has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Exum Instruments raised?

Exum Instruments has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Exum Instruments last raise money?

Exum Instruments's most recent round on record is a Series A, in May 2023.

What does Exum Instruments do?

Exum Instruments is a software company.

Where is Exum Instruments headquartered?

Exum Instruments is headquartered in Lakewood, US.

Which VCs invest in companies like Exum Instruments?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Exum Instruments's stage. Their profiles are linked below.

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