Parse Biosciences

Parse Biosciences

Single-cell analysis tools and software

About

Parse Biosciences focuses on advancing single-cell research by providing solutions that allow scientists to analyze individual cells with high precision. Their unique technology, called "split-pool combinatorial barcoding," enables scalable single-cell analysis without the need for expensive custom instruments. The company offers an end-to-end solution that includes preparing cell or nuclei suspensions, sequencing, and data analysis, all supported by their proprietary software, Trailmaker. Unlike competitors, Parse Biosciences emphasizes accessibility and scalability in their products, making advanced single-cell analysis available to a wider range of researchers and institutions. The company's goal is to push the boundaries of single-cell science and support researchers in pioneering new areas of inquiry.

Company Stage

Series C

Employees

51-200

Industries

Data & Analytics, Biotechnology

Total Funding

$72.7M

Headquarters

N/A

Founded

2018


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Simplify's Take

What believers are saying

  • The Certified Service Provider and Laboratory Automation Provider programs can significantly expand Parse Biosciences' market reach and operational efficiency.
  • The Evercode BCR and TCR product lines offer unprecedented resolution and scalability, opening new avenues for antibody discovery and immune profiling.
  • Their subscription-based software model ensures a steady revenue stream while supporting continuous innovation and client needs.

What critics are saying

  • The rapidly evolving biotechnology market requires constant innovation, posing a risk if Parse Biosciences fails to keep pace with competitors.
  • Dependence on the success of their proprietary technologies like Trailmaker and Evercode could be a vulnerability if these solutions face technical or market acceptance issues.

What makes Parse Biosciences unique

  • Parse Biosciences leverages split-pool combinatorial barcoding, enabling scalable single-cell analysis without expensive custom instruments, unlike many competitors.
  • Their end-to-end solution, including the Trailmaker software, offers a comprehensive package from cell preparation to data analysis, setting them apart from companies that provide only partial solutions.
  • The recent launch of Evercode BCR and expansion of Evercode TCR products highlight their commitment to innovation and ability to capture the immense diversity of immune repertoires.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

21%

2 year growth

74%

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