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
Phone
Undisclosed
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
Elucidata LinkedIn Company Profile
Social Media
Elucidata Company Twitter Account
Company News
Elucidata News
Facebook
Elucidata on Facebook
YouTube
Elucidata on YouTube

Management Team

Title
Name
Email & Social
Chairman
Nick Pullen
  Nick Pullen LinkedIn Profile  Nick Pullen Twitter Account  Nick Pullen News  Nick Pullen on Facebook
Chief Executive Officer
Abhishek Jha
  Abhishek Jha LinkedIn Profile  Abhishek Jha Twitter Account  Abhishek Jha News  Abhishek Jha on Facebook
Chief Technical Officer
Swetabh Pathak
  Swetabh Pathak LinkedIn Profile  Swetabh Pathak Twitter Account  Swetabh Pathak News  Swetabh Pathak on Facebook
Co-Founder
Richard Kibbey
  Richard Kibbey LinkedIn Profile  Richard Kibbey Twitter Account  Richard Kibbey News  Richard Kibbey on Facebook
VP - Bus. Development
James Martin
  James Martin LinkedIn Profile  James Martin Twitter Account  James Martin News  James Martin on Facebook
VP - Engineering
Sony Kadvan
  Sony Kadvan LinkedIn Profile  Sony Kadvan Twitter Account  Sony Kadvan News  Sony Kadvan on Facebook


 

 

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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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