Pattern Bioscience
Latest round
- Series C
Last raised
- Dec 2022
Total raised
- $36M
Investors
- 4
About Pattern Bioscience
Based in the US, Pattern Bioscience Inc., founded in 2016 and headquartered in Austin, US, specializes in diagnostic solutions for healthcare. The company was founded by Nick Arab and Ross Johnson.Pattern Bioscience offers innovative diagnostic solutions aimed at addressing the critical issue of antibiotic misuse in healthcare. Their core product utilizes single-cell microbiology, which allows for rapid identification and antimicrobial susceptibility testing (ID/AST) of bacterial pathogens within hours, significantly reducing the time associated with traditional culture-based methods. This technology decodes the metabolic patterns of individual bacterial cells, enabling clinicians to deliver targeted antibiotic treatments that improve patient outcomes and mitigate the development of antibiotic resistance. The company serves a diverse client base that includes hospitals, laboratories, and healthcare providers, primarily in North America and Europe, where the demand for faster and more accurate diagnostic tools is increasingly recognized.Pattern Bioscience generates revenue through a combination of direct sales and partnerships with healthcare institutions. The company offers its diagnostic solutions under a structured pricing model typically associated with B2B transactions, where hospitals and laboratories purchase the technology and associated services directly. Their flagship diagnostic platform, which includes the single-cell microbiology technology, may involve subscription agreements, allowing clients to access continuous updates and support services.50 mn, Pattern Bioscience plans to utilize the funds to further develop its infectious diseases platform, continue its clinical validation studies, and regulate its diagnostic software. The company aims to expand into new markets, particularly targeting increased penetration in Europe and North America by the end of 2024.
Who invested in Pattern Bioscience
4 investors across 3 rounds
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Questions about Pattern Bioscience
Who invested in Pattern Bioscience?
Pattern Bioscience has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Pattern Bioscience raised?
Pattern Bioscience has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Pattern Bioscience last raise money?
Pattern Bioscience's most recent round on record is a Series C, in Dec 2022.
What does Pattern Bioscience do?
Based in the US, Pattern Bioscience Inc.
Where is Pattern Bioscience headquartered?
Pattern Bioscience is headquartered in Austin, US.
Which VCs invest in companies like Pattern Bioscience?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Pattern Bioscience's stage. Their profiles are linked below.
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