LabCloud Inc.
closedIntegrated lab management platform for R&D organizations.
| Date | Investors | Amount | Round |
|---|---|---|---|
$50.0k | Seed | ||
| Total Funding | 000k | ||
LabCloud Inc. provides an integrated, cloud-based lab management platform designed for small and medium-sized research and development organizations. The company was founded by Charles Beyrouthy and Igor Romashko. The founders' backgrounds in scientific research and software development, respectively, informed the creation of the platform. Beyrouthy has experience in medical, pharmaceutical, and material science research, while Romashko worked in software development for Pharma/R&D and Healthcare IT. They identified a need for a vertically-integrated solution to address recurring operational inefficiencies in laboratories.
The platform combines several tools into a single system: an Electronic Lab Notebook (ELN), inventory and instrument management, and a procurement system. Key features include data management, compliance tools, and integrations with Microsoft Office and accounting software like QuickBooks. The system is designed to help labs reduce operational spending, improve transparency, and maintain compliance with standards such as HIPAA, CFR 21 Part 11, and GxP. LabCloud offers data security by hosting each client on an isolated database in a high-security data center.
The company's business model is primarily vendor and partner-based. The core platform is offered for free, with revenue generated when users purchase supplies or services from vendors through the platform. LabCloud also earns from advertisements for relevant content. For advanced needs, the company offers premium paid plans (Premium and Enterprise) that include features like increased storage, a concierge service for order tracking, and integrations with ERP systems like NetSuite and Oracle.
Keywords: laboratory informatics, lab management software, electronic lab notebook, ELN, LIMS, R&D operations, lab procurement, inventory management, scientific data management, biotech startups, pharmaceutical research, lab compliance, cloud-based lab solutions, research pipeline management, laboratory efficiency, scientific workflow, data security, instrument management, lab supplies marketplace, research collaboration