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Spear Bio - About the company

Spear Bio is a series A company based in Boston (United States), founded in 2021 by and . It operates as a Developer of ultrasensitive immunoassays and proteomics platforms for detecting protein biomarkers. Spear Bio has raised $49M in funding from investors like CDH, Foresite Capital and Bio-Techne. The company has 83 active competitors, including 17 funded and 13 that have exited. Its top competitors include companies like Abingdon Health, Olink and US BioTek Laboratories.

Company Details

Developer of ultrasensitive immunoassays and proteomics platforms for detecting protein biomarkers. It offers TNAB-sure SARS-CoV-2 neutralizing antibody test kits for detecting antibodies in small samples. It also, offer a reagent-based platform for ultrasensitive protein detection in small sample volumes, with applications in research and diagnostics.
Key Metrics
Founded Year
2021
Location
Boston, United States
Stage
Series A
Total Funding
in 4 rounds
Latest Funding Round
Investors
Ranked
Similar Companies

Legal entities associated with Spear Bio

Spear Bio is associated with 1 legal entity given below:
Legal Entity Name
Date of incorporation
Revenue
Net Profit
Employee Count
Dec 31, 2020
-
669
154
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Spear Bio's funding and investors

Spear Bio has raised a total funding of $49M over 4 rounds. Its first funding round was on Oct 14, 2021. Its latest funding round was a Series A round on Jul 23, 2024 for $45M. 5 investors participated in its latest round, which includes Foresite Capital, Maverick Ventures, CDH and Yonghua Capital.

Spear Bio has 7 institutional investors including CDH, Foresite Capital and Bio-Techne.

Here is the list of recent funding rounds of Spear Bio:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Jul 23, 2024
$45M
Series A
9709828
5047621
Nov 13, 2023
Undisclosed
Seed
6334560
5525637
Oct 18, 2022
$2.39M
Seed
2165908
4091981
-
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Spear Bio's founders and board of directors

The founders of Spear Bio are and . has founded 1 more company - NuProbe.

Spear Bio's Competitors and alternates

Top competitors of Spear Bio include Abingdon Health, Olink and US BioTek Laboratories. Here is the list of Top 10 competitors of Spear Bio, ranked by ÃØÃÜÑо¿Ëù score :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Abingdon Health
Abingdon Health
2008, York (United Kingdom), Public
Developer of immunoassays for diagnostic purposes
$24.1M
IP Group, MerciaÌý&²¹³¾±è;Ìý
67/100
2nd
Logo for Olink
Olink
2004, Uppsala (Sweden), Acquired
Provider of products and services for human protein biomarker research and development
-
EQT, Vitruvian PartnersÌý&²¹³¾±è;Ìý
64/100
3rd
Logo for US BioTek Laboratories
US BioTek Laboratories
2008, Shoreline (United States), Acquired
Provider of enzyme-linked immunosorbent assay technology services
$19.5M
64/100
4th
Logo for Spear Bio
2021, Boston (United States), Series A
Developer of ultrasensitive immunoassays and proteomics platforms for detecting protein biomarkers
$49M
Foresite Capital, Maverick VenturesÌý&²¹³¾±è;Ìý
56/100
5th
Logo for Eclipse Bio
Eclipse Bio
2017, San Diego (United States), Series A
Developer of cell-free immunoassay
$14M
Alexandria, IGlobe PartnersÌý&²¹³¾±è;Ìý
60/100
6th
Logo for Virtue Diagnostics
Virtue Diagnostics
2019, Suzhou (China), Series B
Provider of an in vitro assay platform for diagnostic solutions
$130M
MorningsideÌý&²¹³¾±è;Ìý
59/100
7th
Logo for Accellix
Accellix
2007, San Jose (United States), Series D
Developer of immunotherapy-based assay delivery platform
$35.8M
Broadoak Capital Partners, CYwP FundsÌý&²¹³¾±è;Ìý
57/100
8th
Logo for RemedyBio
RemedyBio
2017, Dublin (Ireland), Series A
Provider of personalised, cell based, autologous and anti-tumour therapy
$9.43M
, EIC FundÌý&²¹³¾±è;Ìý
56/100
9th
Logo for Orbit Discovery
Orbit Discovery
2015, Oxford (United Kingdom), Series A
Developer of a drug discovery platforms by peptide display engine
$15.7M
54/100
10th
Logo for Correlia Biosystems
Correlia Biosystems
2013, Berkeley (United States), Series A
Developer of immunoassay platforms to quantify proteins for proteomics and pharmaceutical applications
$10.9M
Cota Capital, Ìý&²¹³¾±è;Ìý
52/100
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Spear Bio's Investments and acquisitions

Spear Bio has made no investments or acquisitions yet.

Reports related to Spear Bio

Here is the latest report on Spear Bio's sector:
View

News related to Spear Bio

Media has covered Spear Bio for a total of 3 events in the last 1 year.
•
Pulse•Aug 13, 2024•Spear Bio, Foresite Capital, , Maverick Ventures and 1 other
•
News Medical•Jul 31, 2024•Spear Bio, Foresite Capital, Bio-Techne, Maverick Ventures and 2 others
•
PR Newswire•Jul 29, 2024•Bio-Techne, Spear Bio
•
FinSMEs•Nov 30, 2023•Spear Bio, CDH, Maverick Ventures, Yonghua Capital
•
36Kr•Nov 13, 2023•Spear Bio, Sequoia Capital, CDH, Maverick Ventures and 1 other
•
PR Newswire•Aug 18, 2023•Spear Bio
•
Tullahoma News•Jul 11, 2023•Spear Bio
•
CNW•Jan 04, 2023•Spear Bio
•
GlobeNewswire•Aug 23, 2022•Spear Bio,
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Frequently asked questions about Spear Bio

When was Spear Bio founded?
Spear Bio was founded in 2021.
Where is Spear Bio located?
Spear Bio is located in Boston, United States.
Is Spear Bio a funded company?
Spear Bio is a funded company, its first funding round was on Oct 14, 2021.
When was the latest funding round of Spear Bio?
Spear Bio's latest funding round was on Jul 23, 2024.
What is the annual revenue of Spear Bio?
Annual revenue of Spear Bio is undefined as on undefined.
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