Switchback Systems
PrivateLast Round
VC Round
Aug 21, 2024
Company Overview
Switchback Systems is a biotechnology company that develops a self-contained, benchtop platform for automated DNA synthesis and gene assembly.
Sector
Healthcare & Life Sciences
Verticals
Biotechnology, Biotech Equipment, Drug Discovery
Business Model
B2B
Customer Profile
Hardware Sales, Hardware + Subscription
AI Layer
Non-AI
Keywords
DNA synthesisbenchtop DNA synthesizergene assemblyDNA printersynthetic biologyoligonucleotide synthesisdecentralized labbiotech hardwareDNA writinglab automationgenomic workflowmicrofluidicsbiotech consumables
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Switchback Systems Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Switchback Systems Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Aug 21, 2024 |
Switchback Systems Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| OMX Ventures | VC Round |
| Vertical Venture Partners | VC Round |
| Ahren Innovation Capital | VC Round |
| General Inception | VC Round |
Switchback Systems Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Switchback Systems's valuation, stock price, and market status.
Firmographic Details
HeadquartersSanta Cruz, California
Employee Range7
Year Founded2019
Last FundingAug 21, 2024