Opentrons

Opentrons

Affordable laboratory automation solutions provider

About

Opentrons offers affordable and user-friendly laboratory automation solutions, focusing on the biotechnology and life sciences sectors. Their main product, the OT-2, is a liquid handling robot that automates tasks like pipetting, making it accessible for smaller labs. The company generates revenue through hardware sales, software subscriptions, and consumables, setting itself apart by reducing the cost and complexity of automation. Opentrons aims to enhance research capabilities by making laboratory automation available to a wider range of clients.

Company Stage

Series C

Employees

201-500

Industries

Enterprise Software, Biotechnology, Healthcare

Total Funding

$224.3M

Headquarters

New York City, New York

Founded

2014


Simplify Jobs

Simplify's Take

What believers are saying

  • The launch of Opentrons for Education demonstrates the company's commitment to making lab automation a universal skill, potentially increasing its market reach and influence.
  • The appointment of Gregory Cole as Chief Innovation Officer and Gautam Prabhu as CTO brings significant expertise to drive innovation and product development.
  • The introduction of the automation marketplace and AI-powered protocol generation tools can significantly streamline research processes, making Opentrons' solutions more attractive to a broader range of clients.

What critics are saying

  • The competitive landscape in lab automation is intense, with larger companies potentially overshadowing Opentrons' market presence.
  • Rapid expansion and the integration of new technologies and partnerships may pose operational challenges and strain resources.

What makes Opentrons unique

  • Opentrons offers affordable and user-friendly lab automation solutions, making it accessible to smaller labs and institutions that typically cannot afford traditional, high-cost systems.
  • The company's focus on creating an open-access protocol library and generative AI tools for protocol development sets it apart from competitors who may not offer such extensive resources.
  • Opentrons' strategic partnerships, such as with Genie Life Sciences, enhance its product offerings and provide comprehensive solutions for lab automation.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-5%

2 year growth

-33%

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