LatchBio

LatchBio

Cloud platform for biotech data management

About

Latch.bio offers a cloud-based platform for biotech companies to manage and analyze their data. It allows users to store unlimited raw data, enhancing collaboration and making data analysis faster and more accessible. The platform stands out by providing customizable data management without extensive infrastructure setup and ensuring high-level security for data processing. Latch.bio's goal is to help biotech firms accelerate their research and development milestones while reducing costs.

Company Stage

Series A

Employees

11-50

Industries

Data & Analytics, Biotechnology

Total Funding

$32.1M

Headquarters

San Francisco, California

Founded

2021


Simplify Jobs

Simplify's Take

What believers are saying

  • Increased adoption of cloud-native technologies boosts demand for LatchBio's scalable solutions.
  • The rise of personalized medicine aligns with LatchBio's robust data analysis capabilities.
  • AI integration in drug discovery creates opportunities for LatchBio's supportive infrastructure.

What critics are saying

  • Competition from DNAnexus and Seven Bridges may erode LatchBio's market share.
  • Rapid tech advancements require constant updates, straining LatchBio's resources and profitability.
  • Reliance on GPU technology exposes LatchBio to supply chain issues and price fluctuations.

What makes LatchBio unique

  • LatchBio offers a code-free platform, simplifying data analysis for non-specialists.
  • The platform provides unlimited data storage, eliminating silos and enhancing collaboration.
  • LatchBio's customizable platform allows biotech firms control over data without infrastructure setup costs.

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Growth & Insights
Headcount

6 month growth

9%

1 year growth

9%

2 year growth

0%

Benefits

Competitive salary

Equity

Medical, dental, & vision insurance

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