Halo

Halo

Marketplace for industry-science R&D collaborations

Overview

Halo connects scientists and researchers with companies seeking external R&D solutions and funding through a two-sided marketplace. Companies post research challenges as RFPs, and researchers submit concise 1-page proposals to secure funding and industry collaboration. Proposals and RFPs are the platform’s core currency, enabling direct access to external expertise and real-world applications. The goal is to facilitate industry–academia open innovation, speeding translational research and helping firms solve specific R&D problems while giving researchers funding and pathways to commercialization.

About Halo

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

Industries

Data & Analytics

Consulting

Enterprise Software

Company Size

51-200

Company Stage

Seed

Total Funding

$2.6M

Headquarters

Chicago, Illinois

Founded

2020

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Simplify's Take

What believers are saying

  • Halo's website updated August 19, 2026, signaling active product maintenance.
  • Reckitt posted a Halo opportunity on August 18, 2026, showing sponsor demand.
  • Halo says sponsors can create opportunities in about an hour, easing adoption.

What critics are saying

  • Halo's LinkedIn states sponsor conversations move off-platform, enabling marketplace disintermediation.
  • Halo last publicly disclosed funding was $2.6 million in September 2022.
  • Halo's LinkedIn lists 11-50 employees, limiting enterprise sales bandwidth.

What makes Halo unique

  • Halo.science runs a two-sided R&D marketplace, not a generic recruiting or consulting platform.
  • PepsiCo's 2025 Halo case study showed 57 proposals and 5 active projects.
  • Halo's August 2026 site says thousands of researchers, startups, suppliers, and R&D teams use it.

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Funding

Total Funding

$2.6M

Below

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$2.6M
Halo
$3M
Robinhood

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

3%

2 year growth

19%
Guided Solutions
Sep 21st, 2022
National Institutes of Health invests into Eko in $2.6M

Smart stethoscope company Eko received a $2.7 million grant from the National Institutes of Health, and Halo raised $2.6 million for its research and development collaboration tool.

PR Newswire
Sep 20th, 2022
Rd Collaboration Platform Halo Raises $2.6M In Seed Funding To Accelerate Scientific Innovation

Investors Include Founders of 23&Me, Catalant and Other Tech Leaders. CHICAGO, Sept. 20, 2022 /PRNewswire/ -- Halo —an R&D collaboration platform where companies and scientists join forces to solve hard problems and bring new innovations to market—today announced $2.6 million in seed funding. Launched in 2020, Halo works with multiple Fortune 500 organizations across biopharma, medical devices, consumer goods, agriculture and other industries. The seed funding comes from a diverse group of investors, entrepreneurs and practitioners representing leading tech companies, including:

PR Newswire
Sep 20th, 2022
R&D Collaboration Platform Halo Raises $2.6M in Seed Funding to Accelerate Scientific Innovation

/PRNewswire/ -- Halo—an R&D collaboration platform where companies and scientists join forces to solve hard problems and bring new innovations to market—today...

Startup Daily
Jul 13th, 2022
Agtech Startup Gomicro Has Built A $1 Microscope To Solve A $1 Trillion Food Waste Problem

South Australian agtech startup GoMicro is hoping to tackle the $1 trillion problem with an app-based device that costs just $1 to produce and attaches to a smartphone. GoMicro CEO and founder Dr Sivam Krish has developed GoMicro’s Spotcheck App and a phone attachable magnifier designed for accurately assessing the level of ripeness or spoilage of fresh foods

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