Lifebit

Bioinformatics and biomedical data analysis

B2B
Big data
Analytics
Biology
SaaS
Science
MedTech

Company mission

Lifebit's mission is to create a world where access to biomedical data will never again be an obstacle for curing diseases​.

Employees

101-200

HQ Location

London, UK

OTTA INSIGHTS

24% employee growth in 12 months

Otta's take on Lifebit

Xav Kearney headshot

Xav Kearney

CTO of Otta

Genomic data is considered to be the key to unlocking so-called “precision medicine”. By 2025, around 500 million human genomes will have been sequenced, but with only a fraction being utilised for drug discovery and precision medicine. Lifebit is one of the key startups to emerge in the space, allowing wider access to global biomedical data for drug discovery.

Rare disease patients are likely to receive an accurate diagnosis up to five times more often when human genetic data is involved in the diagnosis, which is why “Clinico-genomic” databases such as Lifebit's can be so transformative. Privacy issues are regularly raised around genomic data, but Lifebit's patented technology federates it, allowing researchers to get more insights while keeping the data secure.

So far, the company has acquired clients across the public and private sectors, including the Hong Kong Genome Project, and an AI partnership with German pharma giant Boehringer Ingelheim. It also won the UK government contract to power Genomics England. Its already-leading position means that Lifebit will continue to experience rapid global adoption and accelerated breakthroughs in precision medicine.

Total funding - $70.7m

Last 2 fundraises

Apr 2020

$7.5m

SERIES A

Sep 2021

$60m

SERIES B

This company has top investors

Company benefits

    🌍 Company-wide benefits

  • 25 days holiday (excl. bank holidays)
  • Private Health Insurance
  • Conferences, events and training resources
  • International and diverse team
  • Special treatment on your birthday
  • Flexible working during summer
  • State of the art hardware and software
  • Remote working
  • 🇬🇧 UK benefits

  • £1,000 a year to each person for personal development

Company values

  • Impact​
  • Growth​
  • Fun
  • Ownership
  • Delivery
  • Diversity

Founders

Holds a holds a PhD in Biomedicine, MSc in Bioinformatics and BSc in Computer Science and Biomedical Informatics. Founded "Innovation Forum Barcelona".

Worked at the Centre for Genomic Regulation for just under 8 years before co-founding Lifebit.


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