TetraScience

TetraScience

Cloud platform for scientific data management

About

TetraScience offers a cloud-based platform called the Scientific Data Cloud, which helps biopharmaceutical companies manage their scientific data more effectively. The platform collects, centralizes, and harmonizes data from various lab instruments and software, making it easier to prepare for artificial intelligence and machine learning applications. Unlike its competitors, TetraScience's vendor-neutral and open design allows it to integrate with any lab equipment, providing flexibility in data management. The goal is to streamline data processes, saving time and improving scientific outcomes.

Company Stage

Series B

Employees

51-200

Industries

AI & Machine Learning, Biotechnology

Total Funding

$99M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • Collaborations with major players like Bayer AG and Google Cloud indicate strong market validation and potential for significant growth.
  • The platform's ability to transform and centralize scientific data into AI-ready formats can drastically improve research and development efficiency, leading to faster drug development cycles.
  • ISO 9001:2015 certification underscores TetraScience's commitment to quality and compliance, which is crucial for attracting and retaining biopharma clients.

What critics are saying

  • The highly specialized nature of their platform may limit their market to primarily large biopharmaceutical companies, potentially restricting growth opportunities.
  • Dependence on strategic partnerships for advanced capabilities could pose risks if these partnerships were to dissolve.

What makes TetraScience unique

  • TetraScience offers a vendor-neutral, open, cloud-native platform specifically designed for scientific data management, unlike many competitors who offer more generalized solutions.
  • Their platform's ability to connect all lab instruments, informatics software, and data apps provides a seamless data management experience across the biopharma value chain.
  • Strategic partnerships with industry giants like Databricks and Google Cloud enhance their capabilities in AI and data management, setting them apart from other life sciences data platforms.

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Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-15%

2 year growth

-18%

Benefits

Unlimited PTO

100% company paid health, dental, & vision

Company paid life insurance

401k savings

Company paid disability insurance

Equity program

Flexible work arrangements

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