Latest round

Series B

Last raised

Aug 2021

Total raised

$70M

Investors

7

About Lifebit

Founded in 2017, Lifebit Biotech Ltd is based in London, UK, and focuses on providing solutions for biomedical data analysis. The company was co-founded by Maria Dunford and Pablo Barja, with Dunford currently serving as CEO.Lifebit provides advanced genomics and health data software solutions designed to facilitate the secure access and analysis of biomedical data across various sectors. Their core product offerings include the Trusted Data Marketplace™ (TDM), which allows users to access a vast network of real-world biomedical data; the Trusted Data Lakehouse (TDL), which harmonizes and organizes clinico-genomic data; and the Trusted Research Environment (TRE), enabling collaborative and secure research. These solutions target a multitude of use cases, such as accelerating drug discovery, enhancing clinical interpretation, and enabling population-scale analyses.Lifebit’s revenue model is structured primarily around B2B transactions, focusing on subscriptions and partnerships with various organizations in the healthcare and life sciences sectors. Clients typically engage with Lifebit through contractual agreements that outline access to their proprietary software solutions, such as the NF-Copilot for Nextflow pipeline enhancement or the federated data solutions for secure data analysis. Pricing structures are tailored to the specific needs of clients, including possibly tiered subscription models based on the extent of data usage and the number of users accessing the platform. The company plans to launch new products aimed at improving their software offerings and is actively pursuing expansion into new geographic markets. Specific target markets include Europe, North America, and Asia.

Who invested in Lifebit

7 investors across 4 rounds

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Funding rounds

  1. Series B

    Aug 27, 2021

    Amount

    $60M

    Investors

    Locked

  2. Series A

    May 6, 2020

    Amount

    $7.5M

    Investors

    Locked

  3. Seed

    Jan 5, 2018

    Amount

    $3.3M

    Investors

    Locked

  4. Seed

    Jan 3, 2018

    Amount

    Undisclosed

    Investors

    Locked

Questions about Lifebit

Who invested in Lifebit?

Lifebit has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Lifebit raised?

Lifebit has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Lifebit last raise money?

Lifebit's most recent round on record is a Series B, in Aug 2021.

What does Lifebit do?

Founded in 2017, Lifebit Biotech Ltd is based in London, UK, and focuses on providing solutions for biomedical data analysis.

Where is Lifebit headquartered?

Lifebit is headquartered in London, UK.

Which VCs invest in companies like Lifebit?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Lifebit's stage. Their profiles are linked below.

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