How Much Did Genemod Raise?
Funding & Key Investors

Genemod has successfully secured a significant capital infusion, marking a pivotal moment in its corporate evolution. With a total funding amount reaching $7.7M, the company continues to solidify its position within the competitive life sciences technology sector. This latest major strategic investment of $4.5M underscores investor confidence in the firm's ability to scale its cloud-based infrastructure for the global biotech research market. By leveraging this fresh injection of capital, Genemod is well-positioned to accelerate its mission of streamlining pre-clinical workflows and enhancing laboratory productivity.

What is Genemod?

Genemod
SoftwareHealthcare SoftwareContent & Collaboration Software

Genemod operates at the intersection of biotechnology and enterprise software, providing a robust cloud-based platform designed to optimize inventory management and research collaboration. The company serves a critical need for life scientists and researchers who require sophisticated tools to manage reagents, track experimental data, and coordinate complex workflows. By integrating seamlessly into the operations of leading institutions such as the Fred Hutchinson Cancer Research Center and the University of Washington School of Medicine, Genemod has established itself as a vital partner in the drug discovery pipeline. Its software solutions are engineered to reduce operational friction, allowing researchers to focus on the development of next-generation therapies with greater efficiency and precision.

How much funding has Genemod raised?

Genemod has raised a total of $7.7M across 3 funding rounds:

2020

Other Financing Round

$1.5M

Angel/Seed

$1.7M

2023

Angel/Seed

$4.5M

Other Financing Round (2020): $1.5M, investors not publicly disclosed

Angel/Seed (2020): $1.7M led by Defy.vc, Unpopular Ventures, Canaan Partners, Omicron, and Underdog Labs

Angel/Seed (2023): $4.5M supported by Defy, LDV Partners, Dolby Family Ventures, and Vulcan Medical Ventures

Key Investors in Genemod

Defy VC

Defy VC is an early-stage venture capital firm dedicated to supporting authentic founders in building enduring companies by focusing on innovative ideas that challenge the status quo.

LDV Partners

LDV Partners provides strategic insights and hands-on support to foster growth in disruptive technologies, with a portfolio that includes advancements in AI and life sciences.

Dolby Family Ventures

Dolby Family Ventures focuses on early-stage companies addressing significant science and engineering challenges, particularly within the biotech and pharmaceutical sectors.

What's next for Genemod?

Looking ahead, Genemod is poised to leverage its recent funding to expand its market footprint and enhance its product suite. The company's strategic roadmap likely involves deepening its integration capabilities and scaling its platform to support larger, multi-site research organizations. As the demand for digital transformation in pre-clinical research continues to rise, Genemod's focus on technologically advanced, scalable software positions it to capture significant market share. The ongoing support from high-profile venture partners suggests a long-term commitment to building an enduring enterprise that could fundamentally alter how life science organizations manage their research assets and accelerate the path to clinical breakthroughs.

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Frequently Asked Questions Regarding Genemod Financial Insights

What are the most recent funding rounds that Genemod has completed, and what were the funding rounds?
Genemod has recently completed 3 funding rounds: Angel/Seed on May 4, 2023, Angel/Seed on Oct 13, 2020, Other Financing Round on Aug 21, 2020.
What is the total amount of funding Genemod has raised to date?
Genemod has raised a total of $7.7M in funding to date.
How many funding rounds has Genemod completed?
Genemod has completed 3 funding rounds.
How much funding did Genemod raise in its most recent funding round?
Genemod raised $4.5M in its most recent funding round.
Who are the lead investors in Genemod's latest funding round?
The lead investor in Genemod's latest funding round was Defy. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Genemod's history?
The largest funding round in Genemod's history was $4.5M.
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