ProteinSimple

BiopolymersSeries FSanta Clara, USproteinsimple.com

Latest round

Series F

Last raised

May 2011

Total raised

$85M

Investors

9

About ProteinSimple

Founded in 2004 and headquartered in Santa Clara, US, ProteinSimple develops instruments that cater to protein research. The company was acquired by Bio-Techne Corporation in June 2014 for USD 300 mn, marking a strategic pivot in its operational framework.ProteinSimple specializes in the development, manufacturing, and distribution of advanced analytical instruments and reagents tailored for protein research. The company's flagship products include the Simple Western, iCE, Ella, and Milo systems. These instruments are designed to facilitate high-throughput protein analysis, enabling researchers to obtain critical data on protein quantity, identity, expression, isoform variations, and purity within hours. For instance, Simple Western offers an automated platform that processes small sample volumes, providing rapid results essential for drug development and biomarker discovery. The iCE system is specifically engineered for intact protein characterization, while Ella provides a benchtop solution for automated ELISA applications.ProteinSimple generates revenue through a structured model involving direct sales and service agreements with B2B clients, particularly in the pharmaceutical and biotech sectors. The company offers its instruments and associated services as part of a comprehensive package, allowing customers to engage in both one-time purchases and ongoing service contracts. Clients typically initiate transactions by requesting quotes for specific instruments, including the Simple Western and Ella systems, which are then followed by purchase orders. Pricing structures for these high-value instruments reflect their specialized capabilities and the research needs of clients, although specific pricing details are proprietary.Following the acquisition by Bio-Techne Corporation, ProteinSimple aims to leverage additional resources to enhance its product offerings. The company is currently focused on developing new versions of their existing systems, with plans to launch upgraded models by mid-2025. Additionally, ProteinSimple is targeting expansion into the Asia-Pacific market, specifically Japan and South Korea, by 2026.

Who invested in ProteinSimple

9 investors across 5 rounds

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Funding rounds

  1. Series F

    May 24, 2011

    Amount

    $13M

    Investors

    Locked

  2. Series F

    Oct 29, 2010

    Amount

    $20M

    Investors

    Locked

  3. Series D

    Oct 28, 2009

    Amount

    $15M

    Investors

    Locked

  4. Series C

    Apr 9, 2009

    Amount

    $10M

    Investors

    Locked

  5. Series B

    Dec 1, 2006

    Amount

    $27M

    Investors

    Locked

Questions about ProteinSimple

Who invested in ProteinSimple?

ProteinSimple has 9 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ProteinSimple raised?

ProteinSimple has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did ProteinSimple last raise money?

ProteinSimple's most recent round on record is a Series F, in May 2011.

What does ProteinSimple do?

Founded in 2004 and headquartered in Santa Clara, US, ProteinSimple develops instruments that cater to protein research.

Where is ProteinSimple headquartered?

ProteinSimple is headquartered in Santa Clara, US.

Which VCs invest in companies like ProteinSimple?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biopolymers companies at ProteinSimple's stage. Their profiles are linked below.

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