LabConnect

HealthcareSeries AJohnson City, USlabconnectllc.com

Latest round

Series A

Last raised

Jun 2017

Total raised

$25M

Investors

3

About LabConnect

LabConnect, LLC specializes in providing comprehensive laboratory services for clinical trials. Founded in 2002, the company is headquartered in Johnson City, US.LabConnect provides a comprehensive suite of services focused on Central Laboratory Services, Functional Service Provider Solutions (FSP), and Data Management specifically for clinical trials. Their core offerings include integrated laboratory solutions that connect clinical trials with modern operations and a global network of innovative laboratories, ensuring timely, flexible, and tailored support. The services address the complexities of clinical research by providing clients with pre-assembled lab kits, real-time sample tracking, and robust data management capabilities.LabConnect's revenue is derived from a transactional structure that primarily involves partnerships with pharmaceutical and biotechnology clients, who utilize their laboratory services and data management solutions throughout the product lifecycle. The company engages in contractual agreements that often involve multi-year partnerships, where clients pay for services based on specific project needs, volume of samples processed, and data management requirements. The pricing structure is generally customized, reflecting the complexity and scale of the services provided. The company plans to expand its offerings and reach into new markets, emphasizing growth in Europe and Asia-Pacific by leveraging its innovative laboratory solutions.

Who invested in LabConnect

3 investors across 1 round

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Funding rounds

  1. Series A

    Jun 13, 2017

    Amount

    $25M

    Investors

    Locked

Questions about LabConnect

Who invested in LabConnect?

LabConnect has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has LabConnect raised?

LabConnect has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did LabConnect last raise money?

LabConnect's most recent round on record is a Series A, in Jun 2017.

What does LabConnect do?

LabConnect, LLC specializes in providing comprehensive laboratory services for clinical trials.

Where is LabConnect headquartered?

LabConnect is headquartered in Johnson City, US.

Which VCs invest in companies like LabConnect?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Kleiner Perkins and Lightspeed Venture Partners back healthcare companies at LabConnect's stage. Their profiles are linked below.

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