State of play: Lab informatics

Last updated on March 8, 2023

The global lab informatics market was valued at $3.21 billion in 2021, and although the sector remains underfunded, there have been a handful of sponsor plays in recent years.

• In March, Semaphore Solutions closed a funding round from Cypress Ridge Capital.
• GHO bought lab informatics player Sapio Sciences in December.
• In January, Summa Equity invested in Velsera, a consolidation of three companies within digital diagnostics, bioinformatics and healthcare data.
• Banneker Partners invested $38 million in life sciences data intelligence provider L7 Informatics in June.
• In July 2021, Francisco Partners bought StarLIMS — though as a broader laboratory information management systems (LIMS) play, not solely focused on the life sciences vertical.