Genemod Raises $4.5M To Become The Central Research Platform For Biopharma Companies
May 04, 2023•about 2 years ago
Amount Raised
$4.5 Million
Round Type
seed
Investors
Vulcan/Cercano VenturesDolby Family VenturesLdv PartnersDefy.Vc
Description
Genemod, a cloud-based workspace collaboration software for biopharma R&D teams, today announced it raised $4.5 million in seed funding, co-led by defy.vc and LDV Partners, with participation from Dolby Family Ventures and Vulcan/Cercano Ventures.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers