Tech Company Financing Transactions
LabConnect Funding Round
On 6/14/2017, LabConnect raised $24.5 million in Series A funding from ABS Capital Partners, BroadOak Capital Partners and Pablo Capital.
Transaction Overview
Company Name
Announced On
6/14/2017
Transaction Type
Venture Equity
Amount
$24,500,000
Round
Series A
Investors
ABS Capital Partners (John Stobo)
BroadOak Capital Partners (Timothy Johnson)
Pablo Capital (Mark Anderson)
Proceeds Purpose
The funding will be used to fuel growth initiatives, including additional build-out of the technology platform, product and service enhancements, and sales team expansion, as well as to provide liquidity to early shareholders.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
2304 Silverdale Dr. 100
Johnson City, TN 37601
USA
Johnson City, TN 37601
USA
Phone
Website
Email Address
Overview
What sets LabConnect apart is our blend of local resources and global capabilities. We provide the scientific expertise your tests require, along with the location-specific project management and service tools you need to ensure data and sample integrity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Sellig
Chief Information Officer
Eudoro van der Biest
Chief Operating Officer
Barry Simms
VP - Bus. Development
Jeffrey Mayhew
VP - Operations
Elizabeth Koury
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