- Companies
- TetraScience
TetraScience Funding, Investors & Competitors
TetraScience has raised $114M across 5 funding rounds, most recently a $15M undisclosed-stage round in February 2026.
Last TetraScience funding round
$15M
Undisclosed stage · Feb 2026
Cumulative funding TetraScience raised
$114M
across 5 funding rounds
Key investors in TetraScience
Y Combinator
Underscore VC
Insight Partners
First Round Capital
Founder Collective
Floodgate
Alkeon Capital
Impetus Capital
About TetraScience
TetraScience is a cloud platform centralizing R&D data from lab instruments, ELNs, and LIMS for life sciences companies. Boston-headquartered, the Tetra R&D Data Cloud connects over 500 instrument types from vendors like Thermo Fisher and Waters, enabling analytics across pharma firms including Pfizer and Novartis. It supports deployment in regulated environments with data harmonization.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
TetraScience Funding History
TetraScience has raised a total of $114M across 5 funding rounds.
TetraScience's first fundraising round was a $100K pre-seed round in August 2015. The most recent completed round was a $15M undisclosed-stage round in February 2026.
TetraScience funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Feb 2026 | Undisclosed stage | - | $15M | - |
| Apr 2021 | Series B | Alkeon Capital (lead); Insight Partners (lead) | $80M | TetraScience, a Boston-based company founded in 2014 by researchers from Harvard and MIT, develops the world's only cloud-native and open R&D Data Cloud for scientific discovery in life sciences, biopharma, and drug discovery. The platform centralizes and standardizes experimental data from instruments, ELNs, and LIMS, enabling AI-driven insights to accelerate R&D workflows. It positions itself as a category leader in the $300B experimental data cloud market, competing with platforms like Benchling and addressing needs for data integration, security, and scalability. On April 15, 2021, TetraScience closed an $80 million Series B funding round co-led by new investors Insight Partners and Alkeon Capital, bringing total funding to over $92 million since a 2019 rebuild. The capital was earmarked to ramp up go-to-market efforts, expand technical capabilities, and grow the team of scientific, data science, and cloud experts. Investors cited the company's 10x revenue growth in 2020, category leadership, and potential as a de facto standard for AI-enabled scientific discovery. Alkeon Capital, a $30 billion global investment firm focused on growth tech and biopharma, and Insight Partners, a VC/PE firm with $30B+ in commitments for software scale-ups, validated TetraScience's traction through customer calls and industry validation. The round followed rapid expansion, with prior investors including Y Combinator, Founder Collective, and Underscore VC. |
| May 2020 | Series A | Underscore VC (lead); Impetus Capital | $11M | TetraScience is a cloud-native R&D data integration platform for life sciences companies, enabling collection, normalization, and centralization of research and development data across pharmaceutical and biotech organizations. The company's platform helps scientists access centralized, harmonized, and actionable data to accelerate discovery and reduce development timelines. TetraScience closed its Series A funding round in May 2020, raising $11 million led by Underscore VC with participation from Impetus Ventures. The round was deployed to enhance product capabilities and accelerate growth. By the time of the Series A, TetraScience had established strong traction with 12 of the top 40 pharmaceutical companies as customers and demonstrated exceptional revenue growth, achieving 10x ARR growth in 2020 compared to 2019. The company went on to close an $80 million Series B in April 2021 co-led by Alkeon Capital and Insight Partners, fueled by continued best-in-class growth metrics and market validation in the $300 billion R&D data market. |
| Oct 2019 | Series A | Waters (lead); First Round Capital; Y Combinator; Floodgate; Founder Collective; Underscore VC | $8M | - |
| Aug 2015 | Pre-seed | Y Combinator | $100K | - |
Who has invested in TetraScience?
9 investors have backed TetraScience across its funding rounds, including Y Combinator, Underscore VC, Insight Partners, First Round Capital, Founder Collective and Floodgate.
Lead investors include Alkeon Capital, Insight Partners, Underscore VC and Waters.
TetraScience Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Aug 2015 | ||
| 2 | Lead | Oct 2019 | ||
| 1 | Participant | Oct 2019 | ||
| 1 | Lead | Oct 2019 | ||
| 1 | Participant | Oct 2019 | ||
| 1 | Participant | May 2020 | ||
| 1 | Participant | Oct 2019 | ||
This data is available for Pro users. Sign up to see all 9 TetraScience investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialTetraScience Competitors
TetraScience competitors include listed companies like Datadog and Dynatrace, and private ones like ClickHouse, Dataiku, Starburst and PingCAP.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3.4B | ($588K) | $85B | 19.4x | ||
| Publicly listed | $2B | $276M | $16B | 7.0x | ||
| Private | $160M | - | $15B | 93.8x | ||
| Private | $150M | - | $3.7B | 24.7x | ||
| Private | $100M | - | $3.4B | - | ||
| Private | - | - | $3B | - |
TetraScience Public Comps
TetraScience is still privately-owned, but its public comps include Oracle, Palantir, ServiceNow, Snowflake, Datadog, Merck KGaA, RELX, Strategy, Illumina and MongoDB.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $67B | $33B | 8.6x | 7.8x | 17.7x | 13.9x | |||
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
| $24B | $5.3B | 3.1x | 3.1x | 14.3x | 10.7x | |||
| $13B | $4.9B | 5.5x | 5.3x | 14.4x | 13.2x | |||
| $477M | ($5.4B) | 149.4x | 144.4x | (13.1x) | (12.3x) | |||
This data is available for Pro users. Sign up to see all TetraScience competitors and their valuation data. Start Free Trial | ||||||||
Common questions about TetraScience
| When was TetraScience founded? | TetraScience was founded in 2014. |
| Where is TetraScience headquartered? | TetraScience is headquartered in Boston, MA, United States. |
| Is TetraScience publicly listed? | No, TetraScience is a private, VC-backed company. |
| How much funding has TetraScience raised? | TetraScience has raised $114M across 5 funding rounds. |
| What was TetraScience's last funding round? | TetraScience's last funding round was a $15M undisclosed-stage round in February 2026. |
| Who are TetraScience's investors? | TetraScience's investors include Y Combinator, Underscore VC, First Round Capital, Waters, Floodgate, Impetus Capital, Founder Collective, Insight Partners and Alkeon Capital. |
| Which companies are comparable to TetraScience? | Companies comparable to TetraScience include Datadog, Dynatrace, ClickHouse, Dataiku, Starburst and PingCAP. |
See companies similar to TetraScience
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




