Innovative Testing Solutions SummerBio has developed a highly scalable, automated RT-qPCR COVID-19 testing platform that offers rapid and affordable results, positioning it as a key provider for large institutions seeking efficient mass testing capabilities.
Strategic Partnerships The company's collaborations with UCLA and Los Angeles Unified demonstrate strong ties to educational and healthcare institutions, indicating potential opportunities to expand into similar government, academic, and enterprise sectors.
Recent Funding and Growth With a recent equity raise of $7.3 million and revenue estimates between 1 and 10 million dollars, SummerBio is positioned for growth and may seek additional partnerships to scale its testing solutions further.
Market Focus and Trends Focusing on high-volume COVID-19 testing during the pandemic, SummerBio is aligned with current public health needs, providing an entry point for health systems and organizations seeking rapid, large-scale diagnostic solutions.
Operational Adjustments The company's reduction of headcount by 100 in mid-2022 suggests a strategic refocus or scalability challenge, presenting opportunities for sales partners to offer complementary solutions to streamline operations or support automation.
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$10BSummerBio uses 8 technology products and services including Tableau, Jenkins, git, and more. Explore SummerBio's tech stack below.
| SummerBio Email Formats | Percentage |
| First.Last@summer.bio | 37% |
| First@summer.bio | 24% |
| FLast@summer.bio | 2% |
| First.Last@summer.bio | 37% |
Biotechnology ResearchCalifornia, United States51-200 Employees
SummerBio has created an end-to-end COVID-19 test system designed from the ground up to massively automate the existing gold-standard RT-qPCR regimen based on commercially-available and scalable consumables. This means our customers receive rapid results at low cost, delivered with world-class customer service.
Company Overview
Funding & FinancialsSummerBio has raised a total of $7.3M of funding over 1 rounds. Their latest funding round was raised on Nov 18, 2020 in the amount of $7.3M.
SummerBio's revenue is estimated to be in the range of $1M$10M
Funding & FinancialsSummerBio has raised a total of $7.3M of funding over 1 rounds. Their latest funding round was raised on Nov 18, 2020 in the amount of $7.3M.
SummerBio's revenue is estimated to be in the range of $1M$10M
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