SafeTraces

BiotechnologySeries APleasanton, USsafetraces.com

Latest round

Series A

Last raised

Sep 2018

Total raised

$21M

Investors

8

About SafeTraces

SafeTraces, Inc.Founded in 2015 and headquartered in Pleasanton, US, SafeTraces, Inc. operates a biotechnology platform focused on pathogen detection. The company has undergone significant developments since its inception, securing a total of 3 deals. Erik Malmstrom leads the company as CEO.SafeTraces offers a biotech-powered data analytics platform designed to predict, detect, and prevent pathogen exposures in various environments. The core product, PathogenSentinel™, is an automated qPCR-biosensor platform that enables rapid detection and mitigation of pathogens, catering to industries such as healthcare, education, and corporate real estate. The platform leverages real-time analytics to enhance indoor environmental safety, addressing critical use cases like reducing hospital-acquired infections and ensuring compliance with health standards.SafeTraces generates revenue through a subscription-based model for its PathogenSentinel™ platform, facilitating B2B transactions across various sectors. Clients typically engage in multi-year contracts for platform deployment, ensuring ongoing support and updates. Pricing structures vary based on implementation scale and client needs.SafeTraces aims to continue its growth by developing new products and expanding into new markets. Specific markets for future expansion are being explored, with a focus on enhancing its presence in both domestic and international sectors. Further product launches are anticipated, although specific details on new offerings and timelines have not been disclosed.

Who invested in SafeTraces

8 investors across 3 rounds

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Funding rounds

  1. Series A

    Sep 21, 2018

    Amount

    $10M

    Investors

    Locked

  2. Series A

    Sep 7, 2017

    Amount

    $9M

    Investors

    Locked

  3. Seed

    Aug 25, 2016

    Amount

    $1.5M

    Investors

    Locked

Questions about SafeTraces

Who invested in SafeTraces?

SafeTraces has 8 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 SafeTraces raised?

SafeTraces has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did SafeTraces last raise money?

SafeTraces's most recent round on record is a Series A, in Sep 2018.

What does SafeTraces do?

SafeTraces is a biotechnology company.

Where is SafeTraces headquartered?

SafeTraces is headquartered in Pleasanton, US.

Which VCs invest in companies like SafeTraces?

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

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