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Full-Time

Inside Sales Representative

Northeast

Posted on 7/18/2024

Element Biosciences

Element Biosciences

201-500 employees

Biotechnology firm specializing in DNA sequencing

Hardware
Biotechnology
Healthcare

Compensation Overview

$90k - $97kAnnually

+ Stock Options + Sales Commission

Junior

San Diego, CA, USA

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Communications
Cold Calling
Salesforce
Requirements
  • Bachelor’s degree in Biology/Molecular Biology/Genetics or related field
  • 1-3 years of cold-calling experience, work in CRMs, or sequencing laboratory experience
  • Experience with strategic selling and value-based selling
  • 1-3 years of prospecting, lead qualification, funnel management, and ongoing account management
  • Ability to conduct presentations effectively
Responsibilities
  • Meet and/or surpass sales targets for instrument sales, sequencing consumables, and related services
  • Manage customer sales process through various communication channels
  • Prospect and qualify sales leads from various sources
  • Maintain Salesforce CRM database for lead qualification and forecasting
  • Establish and maintain positive relationships with customers and internal teams

Element Biosciences specializes in next-generation sequencing (NGS) technology, primarily through its product, the AVITI System. This compact benchtop system provides high-quality DNA sequencing at a low cost, charging only $1 per million reads, which is significantly less than the industry average. The AVITI System is designed to deliver industry-leading accuracy, allowing users, including academic researchers and pharmaceutical companies, to maximize their resources. Element Biosciences differentiates itself from competitors by forming partnerships with other biotech firms, such as QIAGEN, to offer complete NGS workflows, enhancing the value of their product. Additionally, the company runs the 2023 AVITI for All Grant program, which provides free sequencing services for various applications, promoting research and demonstrating the capabilities of the AVITI System. The goal of Element Biosciences is to make high-quality sequencing accessible and affordable for a wide range of users.

Company Stage

Series C

Total Funding

$414M

Headquarters

San Diego, California

Founded

2017

Growth & Insights
Headcount

6 month growth

7%

1 year growth

8%

2 year growth

23%
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Simplify's Take

What believers are saying

  • Element Biosciences' recent $277M Series D funding round underscores strong investor confidence and provides substantial resources for growth and innovation.
  • The rapid growth in AVITI System installations, from 20 to over 150 units in a year, indicates strong market adoption and customer satisfaction.
  • The introduction of AVITI24 and Trinity platforms positions Element Biosciences at the forefront of multi-omics and targeted sequencing, potentially revolutionizing research capabilities.

What critics are saying

  • The competitive landscape in NGS technology is intense, with established players potentially overshadowing Element Biosciences' market presence.
  • Rapid expansion and scaling may strain operational capabilities and affect product quality or customer support.

What makes Element Biosciences unique

  • Element Biosciences offers the AVITI System, which provides high-quality sequencing at a significantly lower cost than industry standards, making advanced sequencing more accessible.
  • Strategic partnerships with companies like QIAGEN and Twist Bioscience enhance the AVITI System's capabilities, offering comprehensive NGS workflows and exome sequencing solutions.
  • The company's grant program, AVITI for All, democratizes access to sequencing technology, showcasing the system's capabilities and fostering innovation across various fields.

Benefits

100% company-paid medical, dental, & vision coverage

Flexible spending & health savings accounts

Premier mental health care

401(k) with immediately vested 4% company match

Company-paid Life and AD&D insurance

Stock option grants

Flexible time off

10 paid annual holidays

8-weeks paid parental leave

INACTIVE