
Genemod
Genemod - Laboratory Management for Life Scientists..
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
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investor investor investor investor investor investor investor | €0.0 | round | |
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* | $4.5m | Seed | |
Total Funding | 000k |
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Genemod is a biotechnology software company providing a cloud-based platform to enhance research and development for life sciences teams. The Seattle-based startup was founded in 2018 by Jacob Lee and Jin Choe. The founders, who have been friends since the ninth grade, identified the need for a more efficient way to manage samples, data, and projects in a laboratory setting. Lee, the CEO, has a background in bioengineering and previously worked as a scientist in stem cell and cancer research, including a role at Juno Therapeutics. Choe, the CTO, studied electrical and computer engineering and was a software engineer at General Atomics, where he developed software for military drones.
The company's core offering is a collaborative workspace that functions as a Laboratory Information Management System (LIMS) and an Electronic Lab Notebook (ELN). This platform centralizes and structures research data, allowing for real-time updates, remote collaboration, and better data sharing to address issues with reproducibility in scientific experiments. Genemod's software is designed to replace traditional, often paper-based, methods of data management that are prone to disorganization and inefficiency. The business generates revenue through free and paid subscription plans for its software, with enterprise plans offering services like data migration and custom user training. Its target clients range from academic research labs at institutions like Harvard and Stanford to large pharmaceutical companies, including AstraZeneca, Merck, and Bristol Myers Squibb.
Genemod's platform includes a suite of tools for inventory and sample management, protocol management, and experiment documentation. Features such as a virtual freezer, version control, audit trails, barcode scanning, and order management help labs to digitize and streamline their entire R&D lifecycle. The system allows users to track progress, visualize data, and see a history of changes made by team members. Aiming to be the standard tool for scientists, much like Figma for designers or Jira for engineers, Genemod has also incorporated an AI-powered lab assistant to help parse data and offer suggestions on experimental processes. The company has secured a total of $7.22 million in funding over three seed rounds, with the latest round in May 2023 raising $4.5 million.
Keywords: laboratory information management system, LIMS, electronic lab notebook, ELN, life sciences R&D, biotech software, research collaboration, lab management, data automation, inventory management, sample tracking, protocol management, biopharma, drug discovery, reproducibility, Jacob Lee, Jin Choe, cloud-based research platform, scientific discovery, lab workflows, data management, clinical research, pharmaceutical technology