Syndicate Bio

Syndicate Bio

Private
Newark, DelawareHealthcare & Life Scienceshttps://www.syndicate.bio

Last Round

VC Round

May 20, 2025

Total Funding Raised

$145,000

Momentum Score

75 /100

Company Overview

Syndicate Bio is a biotechnology company that operates as a platform for genomics and precision medicine initiatives, with a primary focus on Africa. The company aims to build diverse human health datasets and applies artificial intelligence and machine learning (AI/ML) to facilitate new discoveries and promote inclusive healthcare globally. Syndicate Bio collaborates with governments, pharmaceutical companies, academic institutions, and other stakeholders to enhance local precision medicine and generate datasets for drug discovery and development. The company provides genomic solutions, such as cancer sequencing tests, and operates a personal health portal called "Direct by Syndicate Bio". It was founded in 2023 by Dr. Abasi Ene-Obong, the former CEO of 54gene, along with co-founders Dr. Jumi Popoola and Estelle Dogbo. Syndicate Bio has offices in Newark, Delaware, and Lagos, Nigeria.

Sector

Healthcare & Life Sciences

Verticals

Biotechnology, Precision Medicine, Drug Discovery, Clinical Trials, Medical AI

Business Model

B2B

Customer Profile

Services & Consulting, Government Contracts, Usage-Based SaaS, Data as a Service

AI Layer

Application

Keywords

African genomicsgenomic data platformprecision medicineAI for drug discoverydrug discovery platformpopulation genomicsbiobankcancer genomicsliquid biopsygenomic profilingclinical trial servicesgenetic testingpharmacogenomics testingPGxnon-invasive prenatal screeningnext-generation sequencingNGS

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Caplight Momentum Score

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Syndicate Bio Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Syndicate Bio Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
VC RoundMay 20, 2025
SeedSep 13, 2024

Key People

Founding team and executive leadership

Abasi Ene-Obong

Founder And CEO

Founding Team

Syndicate Bio Investors

Notable investors and investment history

InvestorRounds
TechstarsVC Round, Seed
Belal Badat VenturesSeed
Nubia CapitalSeed, VC Round
StoryHouse VenturesSeed, VC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 17, 2026

    Monthly visitors grew 99% MoM, reaching 3.9K.

  • Oct 7, 2025

    Launched Direct by Syndicate Bio, a genetic testing service for Africa.

Syndicate Bio Filings

SEC and related filings with document metadata.

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Syndicate Bio Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersNewark, Delaware
Employee Range17
Year Founded2023
Last FundingMay 20, 2025

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