Apprentice

Apprentice

Digital platform for pharmaceutical manufacturing

About Apprentice

Simplify's Rating
Why Apprentice is rated
A
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Data & Analytics

Biotechnology

Healthcare

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$201.4M

Headquarters

Jersey City, New Jersey

Founded

2014

Overview

Apprentice provides a digital platform for the pharmaceutical industry, specifically designed to enhance drug manufacturing processes. Its main product, the Tempo Manufacturing Cloud, assists pharmaceutical companies in managing their production from product development to quality control. The platform digitizes both batch and non-batch manufacturing activities, automates data collection, and offers real-time work instructions to improve efficiency. It also integrates sampling and lab execution into the manufacturing workflow, ensuring that quality is maintained throughout the process rather than just at the end. With a strong presence in the market, serving 15 of the top 20 US pharmaceutical companies, Apprentice aims to increase production speed and product quality while optimizing overall operations. The company likely operates on a subscription or licensing model, focusing on providing value to clients in the drug manufacturing sector.

YC Company
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Simplify's Take

What believers are saying

  • Increased adoption of cloud-native solutions drives demand for platforms like Tempo.
  • Trend towards personalized medicine creates need for adaptable manufacturing systems like Tempo.
  • Pharmaceutical industry's digital transformation accelerates, enhancing data integrity and compliance.

What critics are saying

  • Increased competition from companies like CData Software threatens market share.
  • Budgetary constraints may limit adoption of new digital platforms like Tempo.
  • Reliance on cloud-based solutions exposes potential disruptions from cloud service providers.

What makes Apprentice unique

  • Tempo Manufacturing Cloud integrates sampling and lab execution, promoting Quality-By-Design.
  • Used by 15 of the top 20 US pharmaceutical companies, showing strong industry trust.
  • Offers a no-code, cloud-native MES, enabling faster deployment and customization.

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Funding

Total Funding

$201.4M

Above

Industry Average

Funded Over

6 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Unlimited Paid Time Off

Paid Parental Leave

Remote Work Options

Flexible Work Hours

Paid Holidays

401(k) Company Match

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Business Wire
Apr 23rd, 2024
Cdata Appoints Adam Demichele As Cro, Expands Gtm Leadership Team With Strategic Hires

CHAPEL HILL, N.C.--(BUSINESS WIRE)--CData Software, a leading provider of data connectivity solutions, today announced the appointment of Adam DeMichele to the role of Chief Revenue Officer, along with two additions to its GTM leadership team. The new GTM hires include Marie Forshaw, SVP of Product Marketing, and Arielle Daigle, VP of Growth Demand Generation. DeMichele, Forshaw, and Daigle join CData during a time of rapid growth, including the company’s acquisition of Data Virtuality, a global provider of data virtualization and management solutions. CData is focused on advancing its go-to-market strategy to provide flexible, enterprise-grade data connectivity technologies for modern organizations facing increased demand for timely data access across an exploding number of sources. “We have an ambitious mission at CData to help organizations worldwide effectively manage and integrate their growing data environments, no matter their use cases or requirements,” said Amit Sharma, CData co-founder and CEO. “Our newest GTM executives come with proven track records of delivering customer growth and customer success initiatives at a massive scale

Cinema Express
Dec 5th, 2023
First look of Sebastian Stan as young Donald Trump from The Apprentice out

Earlier, we reported that Sebastian Stan has joined the ensemble of The Apprentice to essay the role of a young Donald Trump.

AST
Nov 14th, 2023
Archie wins national Trade Apprentice of the Year Award

On Friday 10th November Archie Aston, its 18 year old Apprentice, won the Trade Apprentice of the Year Award at the British Printing Industries Federation (BPIF) 2023 Apprenticeship Awards in London, beating off stiff competition from over 400 nominees, and was runner up in the overall Apprentice of the Year Award.

Newswire
Nov 8th, 2023
Apprentice.Io Announces New Product Release To Drive Digital Pharmaceutical Manufacturing Initiatives In 2024

Press Release •Apprentice, which helps life science manufacturers get treatments to patients faster by providing one platform to turn molecules into medicine, announced today the latest release of its Tempo Manufacturing Cloud. The 7.2 release provides life science manufacturers with a flexible, low-risk strategy for accelerating their digital maturity initiatives, despite budgetary constraints. Three new offerings, two beta releases, and new technology partners were also announced.“We’ve seen the hugely positive reception to our previous 7.0 release and want to continue to deliver the industry-leading innovation we are known for with 7.2,” said Angelo Stracquatanio, CEO & Co-founder of Apprentice. “We hear from our customers that they want to maintain their digital initiatives despite tighter 2024 budgets. So we’re redefining our offerings to help our customers find a low-risk start to their digital journey and then grow into the full features of our unified platform.”Continued Market MomentumThe 7.2 release follows the successful launch of Apprentice’s 7.0 release at the end of October, which included 40+ features and enhancements that deepened Apprentice’s commercial manufacturing execution capabilities.The adoption of the 7.0 release and Apprentice’s broader Tempo Manufacturing Cloud is represented by the company’s 157% year-over-year revenue growth ending at the end of Q3.Its product capabilities were also recently recognized by Julie Fraser, VP of Research on Manufacturing and Operations at Tech Clarity, Inc., a research firm focused on the business value of technology for manufacturers.“[Apprentice’s] Tempo suite is a fresh approach that marries the latest enterprise mobile and SaaS technologies with composable applications for pressing industry issues," said Fraser. "Yes, there’s a SaaS MES – but there is more for the plant, quality lab, enterprise, and manufacturing network

Yahoo Finance
Nov 8th, 2023
Apprentice.io Announces New Product Release to Drive Digital Pharmaceutical Manufacturing Initiatives in 2024

With the 7.2 release, Apprentice announced a Use Case Framework that illustrates how Tempo supports end-to-end manufacturing processes and replaces the traditional disconnected point-solutions.

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