# Nextflow Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nextflow-software

- Industry: Software
- Headquarters: Nantes, France
- Website: www.nextflow-software.com
- Total disclosed funding: $1.2M
- Latest round: Series A (Dec 10, 2020)
- Investors on record: 2

## About

Nextflow Software specializes in workflow orchestration and data pipeline management solutions, empowering researchers to design and execute complex workflows efficiently across various sectors, including bioinformatics and computational research.Nextflow Software, established in 2015 in Nantes, France, focuses on workflow orchestration solutions. The company has successfully raised EUR 1.000 mn in its Series A funding round, led by Go Capital. In June 2021, Nextflow Software was acquired by Siemens Digital Industries Software, which enhances its capabilities in computational fluid dynamics during early design processes. The firm has engaged in four deals to date, with a current valuation of EUR 9.381 mn.Nextflow Software focuses on providing innovative solutions tailored for workflow orchestration and data pipeline management. Their core products enable users to design and execute complex data workflows seamlessly, catering primarily to sectors such as bioinformatics, data science, and computational research. By facilitating the integration of various tools and data sources, Nextflow’s offerings are instrumental in addressing the challenges of reproducibility and scalability in research environments. Their client base includes academic institutions, research organizations, and pharmaceutical companies that leverage these products to streamline their research processes and enhance collaboration. Geographically, Nextflow Software serves a global market, with notable presence in North America, Europe, and parts of Asia, where the demand for efficient data handling is critical in advancing scientific research.The revenue model for Nextflow Software is primarily subscription-based, allowing clients to access their advanced workflow management tools through various pricing plans. These subscriptions are typically structured to cater to different organizational needs, from individual researchers to large research institutions. For example, institutions may engage in annual licensing agreements that provide ongoing access to Nextflow’s flagship products, ensuring they stay up-to-date with the latest features and support. Additionally, partnerships with academic and research organizations may enhance revenue through collaborative projects and joint ventures. Through these strategic arrangements, Nextflow Software effectively monetizes its innovative solutions while fostering a strong community of users engaged in cutting-edge research.Nextflow Software plans to leverage its recent acquisition by Siemens Digital Industries Software to enhance its product offerings and expand into new markets. The company aims to design and launch new software solutions that improve workflow management efficiency, with rollout expected in 2023. Additionally, Nextflow is targeting expansion into South American and Asian markets by late 2023, recognizing the growing need for data management solutions in these regions. The funding from the Series A round will be utilized to support product development and market penetration strategies.

## Funding rounds

- Series A, Dec 10, 2020, $1.2M — Go Capital, Litto Invest

## Investors

- Go Capital — Series A
- Litto Invest — Series A