Dotmatics Acquisition, Valuation, Funding & Investors

Dotmatics was acquired by Siemens for $5.1B in April 2025.

Dotmatics acquisition price

$5.1B

Acquired by Siemens · Apr 2025

Key investors in Dotmatics

  • Scottish Equity Partners

Dotmatics Overview

About Dotmatics

Dotmatics is a San Diego-based provider of a cloud-based scientific R&D data management platform used by pharmaceutical, biotech, and chemical companies to manage large volumes of lab-generated data. Founded in 2005 and originally based in Bishop's Stortford, UK, the platform covers electronic lab notebooks, chemical and biological registration, enterprise querying and reporting, and data analysis and visualization for customers spanning pharmaceuticals, academia, food and beverage, oil and gas, and agrochemicals. Dotmatics has built out an AI-native scientific intelligence layer, called Luma, that aggregates lab data into structures suited for analysis and meta-analysis across its customers' research.


Founded

2005

HQ

United StatesUnited States

Status

Acquired

Customer focus

B2B

Revenue model

Subscription

Valuation

$5.1B (acquired Apr 2025)

Dotmatics Acquisition

Dotmatics was acquired by Siemens for $5.1B on 2 April 2025.

Dotmatics acquisition details
AcquirerDateTypePrice
2 Apr 2025Strategic M&A$5.1B

Dotmatics Funding History

Dotmatics has raised 1 funding round.

Dotmatics funding rounds
DateStageInvestorsDeal Summary
Oct 2017Undisclosed stageScottish Equity Partners (lead)Scottish Equity Partners made a significant growth investment in Dotmatics in October 2017, becoming the scientific informatics company's largest institutional shareholder. The amount was not disclosed; SEP said the money came from SEP V, a GBP 260 million growth fund that typically invested up to GBP 25 million per company. SEP said the capital would let Dotmatics continue investing in product innovation and customer success and strengthen its operations in each of its key geographies, and the deal was led by SEP partners Keith Davidson and Jan Rutherford, who joined the board. Dotmatics, founded in 2005 and headquartered in Bishop's Stortford, sells an enterprise scientific data management platform covering electronic lab notebooks, chemical and biological registration, enterprise querying and reporting, and data analysis and visualisation. Its customers span pharmaceuticals, biotechnology, academia, food and beverage, oil and gas and agrochemicals. SEP held the position until March 2021, when Insightful Science agreed to acquire the business.

Who has invested in Dotmatics?

1 investor has backed Dotmatics across its funding rounds, including Scottish Equity Partners.

Lead investors include Scottish Equity Partners.


Dotmatics Investors

Investors in Dotmatics by funding rounds participated
InvestorHQRoundsRoleFirst check

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Dotmatics

Dotmatics has acquired 14 companies to date.

Last acquisition by Dotmatics was on September 25th 2024. Dotmatics acquired Virscidian for undisclosed valuation.


Latest Acquisitions by Dotmatics

Virscidian
EasyPanel
M-Star Simulations
SoftGenetics
Description
Virscidian is a Boston-based developer of custom analytical software that integrates seamlessly into natural laboratory workflows. The company delivers tailored informatics solutions for life sciences research, including data analysis tools for high-throughput screening and bioinformatics pipelines. Virscidian's platforms support chromatography, mass spectrometry, and genomic sequencing data processing for clients in pharmaceuticals and biotech sectors. Founded in 2011, it maintains partnerships with instrument manufacturers like Agilent Technologies to enhance lab productivity across North America.
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M-Star Simulations is a computational fluid dynamics software provider serving chemical processing, biopharmaceutical production, and renewable energy sectors. Based in the United States, the company offers CFD simulation tools for reactor design optimization, bioreactor mixing analysis, and wind turbine blade aerodynamics. Clients in vaccine manufacturing use M-Star platforms to model sterile fill-finish processes, while oil refiners simulate distillation column internals. The software supports multiphase flow predictions integrated with Aspen Plus for petrochemical plant retrofits.
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HQ CountryUnited States-United StatesUnited States
HQ City
Raleigh, NC
-
Baltimore, MD
-
Deal Date25 Sep 202430 Jul 20244 Jan 202412 Jun 2023
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Investments by Dotmatics

Dotmatics has invested in 1 company to date.

Latest investment by Dotmatics was on December 8th 2022. Dotmatics invested in Modicus Prime in their $1M Pre-seed round.


Latest Investments by Dotmatics

Modicus Prime
Description
Modicus Prime is a Boston-headquartered developer of computer vision software tailored for biopharmaceutical manufacturing. The platform automates inspection of parenteral drug products in vials, syringes, and cartridges, identifying defects like glass particles or container cracks to prevent costly recalls. Launched in 2021, it integrates with existing production lines to enhance quality control across R&D and commercial stages. Biopharma firms leverage its AI algorithms for real-time analysis, minimizing waste from quality failures while complying with regulatory standards from FDA and EMA.
HQ CountryUnited States
HQ City
Houston, TX
Deal Date8 Dec 2022
RoundPre-seed
Raised$1M
InvestorsPlug and Play; Elevate Ventures; SmartGateVC; CF Industries; Flywheel Fund; Alumni Ventures; Triple S Ventures; New Capital Ventures; Techstars; Valor Ventures; B² Enterprises
Valuation$10M
EV/Revenue
EV/EBITDA

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Dotmatics Competitors

Dotmatics competitors include listed companies like CCC Intelligent Solutions, Vitec Software, EverCommerce and Waystar, and private ones like Uptake Technologies and Abridge.

Public and private companies comparable to Dotmatics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CCC Intelligent SolutionsUnited StatesUnited StatesPublicly listed$1.1B$238M$3.9B4.5x
Uptake TechnologiesUnited StatesUnited StatesPrivate$100M-$2.3B23.0x
Vitec SoftwareSwedenSwedenPublicly listed$371M$151M$1B3.5x
EverCommerceUnited StatesUnited StatesPublicly listed$589M$128M$1.4B2.9x
WaystarUnited StatesUnited StatesPublicly listed$1.1B$390M$5.1B5.2x
AbridgeUnited StatesPittsburgh, PAPrivate$117M-$5.3B45.3x

Dotmatics Public Comps

Dotmatics is no longer listed, but its public comps include Waystar, Octave Intelligence, ServiceTitan, Topicus, Doximity, EquipmentShare.com, Baosight, CCC Intelligent Solutions, Geovis and DHC Software.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Waystar$1.1B$390M5.8x5.2x16.3x12.3x
Octave Intelligence$1.6B$530M3.3x3.3x10.1x9.6x
ServiceTitan$961M($86M)5.0x4.5x(55.8x)25.5x
Topicus$1.8B$393M3.4x3.0x15.3x10.6x
Doximity$645M$229M6.3x6.2x17.7x11.9x
EquipmentShare.com$4.4B$704M2.1x1.8x13.1x5.3x
Baosight$1.6B$281M3.5x3.2x20.3x17.6x
CCC Intelligent Solutions$1.1B$238M4.8x4.5x21.5x10.8x

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Common questions about Dotmatics

When was Dotmatics founded?Dotmatics was founded in 2005.
Where is Dotmatics headquartered?Dotmatics is headquartered in United States.
Is Dotmatics publicly listed?No, Dotmatics was acquired by Siemens in April 2025.
Who acquired Dotmatics?Dotmatics was acquired by Siemens in April 2025.
How much was Dotmatics acquired for?Dotmatics was acquired for $5.1B in April 2025.
What was Dotmatics' last funding round?Dotmatics' last funding round was a undisclosed-stage round in October 2017, led by Scottish Equity Partners.
Who are Dotmatics' investors?Dotmatics' investors include Scottish Equity Partners.
Which companies are comparable to Dotmatics?Companies comparable to Dotmatics include CCC Intelligent Solutions, Uptake Technologies, Vitec Software, EverCommerce, Waystar and Abridge.
How many companies has Dotmatics acquired?Dotmatics has acquired 14 companies, including Virscidian, EasyPanel, M-Star Simulations, SoftGenetics and Omiq.
What was the largest acquisition by Dotmatics?The $14M acquisition of BioBright in June 2020 is the largest acquisition Dotmatics has made to date.
How many companies has Dotmatics invested in?Dotmatics has invested in 1 company, including Modicus Prime.
What was Dotmatics' last investment?In December 2022, Dotmatics invested in Modicus Prime's $1M pre-seed round alongside Plug and Play, Elevate Ventures, SmartGateVC and 8 other investors.

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