# MolPort SIA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/molport-sia

- Industry: Internet
- Headquarters: Riga, Latvia
- Website: www.molport.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Dec 10, 2010)
- Investors on record: 1

## About

MolPort SIA is a procurement platform specializing in the online sourcing of chemical compounds, facilitating streamlined access for researchers in medicinal chemistry and pharmaceutical sectors.Founded in 2006 in Riga, Latvia, MolPort SIA specializes in the procurement of chemical compounds through an online platform. The company has completed 3 deals, with the most recent funding round occurring on January 19, 2015, when it raised EUR 500,000 from investors FlyCap and Imprimatur Capital. The CEO of the company is Imants Zudans.MolPort specializes in the online procurement of chemical compounds, offering a comprehensive platform where customers can search, purchase, and manage a vast catalog of over 1.7 million compounds. Their core service includes providing access to in-stock screening compounds, building blocks, and compound libraries, which are ideal for research and development in fields such as medicinal chemistry and pharmaceutical research. Customers can utilize advanced search functionalities by compound name, structure, or through file uploads, making the acquisition process streamlined for laboratories and research institutions globally.In 2021, MolPort reported a revenue of EUR 9,218,981.30 and an EBITDA of EUR 262,461.40. The company operates on a B2B transaction model, where customers engage in direct purchases from their extensive inventory of chemical compounds through a user-friendly online platform. Clients receive order confirmations along with tracking information for their shipments, ensuring a reliable procurement process.Following the EUR 500,000 funding raised in January 2015, MolPort SIA plans to enhance its marketing and sales team while technically improving its platform. The company is focused on expanding its reach into new geographic markets, particularly targeting further penetration in North America and Europe by developing additional features for its service offerings.

## Funding rounds

- Seed, Dec 10, 2010, $0.1M — Imprimatur Capital

## Investors

- Imprimatur Capital (https://capitalatlas.ai/funds/imprimatur-capital) — Seed