H

Halo

Marketplace for industry-science R&D collaborations

Overview

Halo is a two-sided marketplace that connects scientists and researchers with companies seeking external R&D solutions and funding. Companies post research challenges as RFPs, and researchers submit concise 1-page proposals to win funding and collaboration, with proposals and RFPs acting as the platform’s core currency. The service differs from general job marketplaces by focusing exclusively on scientific innovation, open innovation, and industry–academia collaboration to enable targeted technology scouting and translational research. Halo’s goal is to speed external innovation by helping companies solve specific R&D problems while giving researchers funding and pathways to real-world industry partnerships.

Significant Headcount Growth

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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 & AnalyticsConsultingEnterprise Software

Company Size

51-200

Company Stage

Seed

Total Funding

$2.6M

Headquarters

Chicago, IL

Founded

2020

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What believers are saying

  • UIC joined Halo’s Flagship University Program on October 9, 2026, expanding research supply.
  • Halo says 3,500 scientists from 75 countries joined, strengthening network effects by November 2026.
  • BASF renewed its agreement on March 5, 2025, proving enterprise retention and budget willingness.

What critics are saying

  • Halo still depends on a few enterprise logos; losing BASF renewals would hit credibility fast.
  • University adoption can stall if researchers skip profiles, starving the marketplace of quality supply.
  • Big incumbents like LinkedIn, enterprise innovation suites, and consulting firms can replicate workflows quickly.

What makes Halo unique

  • Halo matches corporate R&D teams with scientists through proposal workflows, not generic recruiting.
  • Its AI-powered matching and structured searches shorten partner discovery for companies like BASF and PepsiCo.
  • Halo’s NSF pilot and Flagship University Program embed it into institutional research channels.

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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
$2.3M
$2.6M
$3M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Company Equity

Growth & Insights and Company News

6 month growth

0%

1 year growth

5%

2 year growth

1%
University of Illinois Chicago
Oct 9th, 2026
UIC launches new partnership with Halo to expand research opportunities with industry.

UIC launches new partnership with Halo to expand research opportunities with industry. October 9, 2026 Dear colleagues, I am pleased to announce that the University of Illinois Chicago has joined Halo's Flagship University Program, a new partnership designed to increase the visibility of UIC research and strengthen connections with industry partners seeking academic collaborators. Halo is an online platform used by corporate research and development, innovation and business development teams across a wide range of industries to identify university expertise, technologies, facilities, services and potential research partners. Through its partnership, Halo will showcase UIC researchers, laboratories, technologies, core facilities and research capabilities to corporate research and development teams actively seeking expertise, collaboration opportunities and solutions to industry challenges. The platform helps raise awareness of UIC's research strengths and creates new pathways for partnerships, sponsored research, technology development and other forms of industry engagement. Faculty, researchers, center leaders and core facility directors who are interested in increasing the visibility of their research and capabilities are encouraged to create a free profile on Halo and add a partnering listing describing a research project, publication, technology available for licensing, consulting expertise, specialized service, core facility, center capability or other area of potential interest to industry partners. Joining UIC's partnership with Halo will help you: * Increase the visibility of your research and expertise to industry audiences. * Receive notifications about relevant industry funding and partnership opportunities. * Connect with companies seeking collaborators, specialized facilities, technologies or scientific expertise. * Increase awareness of research challenges and priorities being pursued by industry. To get started, create a profile at Halo and add a brief description of your research interests, capabilities, or collaboration opportunities. If you have questions, please contact Avi Mayerhoff ([email protected]) in the Office of the Vice Chancellor for Research. Sincerely, Joanna Groden, PhD Vice Chancellor for Research

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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