SaaS

$20M for B2B life sciences marketplace Labviva

March 31, 2023
Labviva

For the scientists. Meet Labviva! This life science digital marketplace has just raised a $20M Series A! 

  • Founded in 2017, this brings the total funding amount to $30M.

Investor check. This round was led by Biospring Partners. Other investors include B Capital Group, Glasswing Ventures, Biospring Partners, and Senator Investment Group. 

👩🏻‍🔬 End-to-end. 

Labviva enables life science organizations to better manage the procurement process. Their marketplace streamlines product discovery and procurement and connects purchasers and supplies. 

  • Oh-so-easy. They integrate with your existing procurement software, such as SAP Ariba and Oracle Procurement Cloud! 
  • They give you actionable insights from lab purchasing trends to supply chain health. 

😀 Supply and demand. 

Researchers and labs. No more constraints with the lack of options! Find all your research products on one platform. 

  • And don’t worry, everything is within compliance and purchasing rules. 

Suppliers. Put your products in front of more researchers and give them a seamless buying experience! 

➡️ What’s next?

Laviva will use the new funding to expedite the implementation of their platform with new pharma and academic partners. 

They’re also looking to expand their product line and global footprint! 

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