# Solve

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/solve

- Industry: Healthcare IT
- Headquarters: New York, US
- Website: www.solvebio.com
- Total disclosed funding: $2M
- Latest round: Seed (Sep 1, 2015)
- Investors on record: 4

## About

Solve, Inc. develops a Genomic Intelligence Platform aimed at enhancing precision medicine through innovative genomic data management solutions, addressing complex challenges faced by biopharma enterprises.Founded in 2013 in New York, US, Solve, Inc. specializes in genomic data solutions for the precision medicine sector. The company was established by Mark Kaganovich, who has a history of entrepreneurship. The last funding round was a Grant of USD 1.5 mn led by The National Institute of General Medical Sciences on January 5, 2018, bringing the total amount raised to USD 2.0 mn.SolveBio offers a comprehensive Genomic Intelligence Platform that empowers enterprises in the precision medicine sector. This platform combines intelligent technologies with data management capabilities, enhancing clinical sample inventory and biomarker data management, addressing challenges for biotechnology and pharmaceutical companies engaged in R&D and clinical trials in North America and Europe.SolveBio generates revenue through subscription models for its Genomic Intelligence Platform, allowing clients to access its SaaS solutions for clinical sample and biomarker data management. Clients, which include biotechnology and pharmaceutical firms, subscribe annually or multi-year, ensuring stable revenue streams as they continue their precision medicine initiatives.Solve, Inc. plans to utilize its recent Grant of USD 1.5 mn to enhance its Genomic Intelligence Platform with new features aimed at improving user experience and data integration. The company is targeting expansion into additional markets within Europe and Asia by 2024, to meet the growing demand for advanced genomic data management solutions.

## Funding rounds

- Seed, Sep 1, 2015 — Great Oaks Venture Capital, Healthy Ventures
- Seed, May 13, 2014, $2M — Andreessen Horowitz, SV Angel

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Seed
- Healthy Ventures (https://capitalatlas.ai/funds/healthy-ventures) — Seed