Tech Company Financing Transactions
Elucidata Funding Round
Ivy Capital Partners, Hyperplane Venture Capital and private investors participated in a $5 million Series A venture round for Elucidata. The round closed on 2/5/2021.
Transaction Overview
Company Name
Announced On
2/5/2021
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Ivy Capital Partners (Lead Investor)
Hyperplane Venture Capital (Vivjan Myrto)
Proceeds Purpose
The company intends to use the funds to accelerate product development, expand its commercial efforts, and continue hiring talent.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
625 Massachusetts Ave. 2nd Floor
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Undisclosed
Website
Email Address
Overview
Elucidata was founded in 2015 with the mandate to transform the way biological data is used to drive decisions in R&D labs in both academia and industry. Polly, an end-to-end, vendor-neutral, cloud-based platform standardizes and streamlines the data analysis workflows for -omics experiments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Nick Pullen
Chief Executive Officer
Abhishek Jha
Chief Technical Officer
Swetabh Pathak
Co-Founder
Richard Kibbey
VP - Bus. Development
James Martin
VP - Engineering
Sony Kadvan
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About Database of VC Transactions
We report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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