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SYNLAB - About the company

SYNLAB is a public company based in Munich (Germany), founded in 1998. It operates as a Provider of medical diagnosis and clinical laboratory analysis services. SYNLAB has raised an undisclosed amount in funding. The company has 81 active competitors, including 8 funded and 14 that have exited. Its top competitors include companies like Natera, Beikang Medical and Progenity.

Company Details

SYNLAB is a leading provider of medical diagnosis and clinical laboratory analysis services in Europe. They offer advanced laboratory services in various diagnostic categories for the benefit of their customers. SYNLAB has a global network and a team of over 28,000 employees, including medical experts, who contribute to their success.
Website
Social
Email ID
@synlab.com
Phone Number
+49
Part Of
cinven.com
Key Metrics
Founded Year
1998
Location
Munich, Germany
Stage
Public
Latest Funding Round
Investors
Ranked
2nd among
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
&
Similar Companies
Exit Details
Public
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SYNLAB's funding and investors

SYNLAB has raised funding over 4 rounds. Its first funding round was on Sep 01, 2009. Its latest funding round was a Grant (prize money) round on Dec 31, 2016 for $1.8M. 1 investor participated in its latest round, which include SVG Capital, BC Partners, Novo Holdings and Idinvest Partners.

SYNLAB has 8 institutional investors including , BC Partners and Novo Holdings.

Here is the list of recent funding rounds of SYNLAB:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Dec 31, 2016
$1.8M
Grant (prize money)
5589541
4562426
Sep 01, 2016
Undisclosed
Grant (prize money)
8817758
8055864
Feb 03, 2016
Undisclosed
Series A
8153816
1354698
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SYNLAB's founders and board of directors

SYNLAB's employee count trend

SYNLAB has 28,693 employees as of Dec 22. The total employee count is 6.0% lower than what it was in Dec 21. Here is SYNLAB's employee count trend over the years:
Employee count trend for SYNLAB
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SYNLAB's Competitors and alternates

Top competitors of SYNLAB include Natera, Beikang Medical and Progenity. Here is the list of Top 10 competitors of SYNLAB, ranked by ÃØÃÜÑо¿Ëù score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Natera
Natera
2004, Redwood City (United States), Public
Developer of cell-free DNA testing for oncology, women’s health, and organ health
$152M
73/100
2nd
Logo for SYNLAB
1998, Munich (Germany), Public
Provider of medical diagnosis and clinical laboratory analysis services
-
SVG Capital, BC PartnersÌý&²¹³¾±è;Ìý
56/100
3rd
Logo for Beikang Medical
Beikang Medical
2010, Suzhou (China), Public
Developer of NGS-based diagnostic solutions for neonatal
$36.5M
Genesis Capital, Broad Vision FundsÌý&²¹³¾±è;Ìý
54/100
4th
Logo for Progenity
Progenity
2011, San Diego (United States), Public
Provider of non invasive prenatal genomic testing
$217M
54/100
5th
Logo for IdentifAI
IdentifAI
2020, Tel Aviv (Israel), Series A
Provider of a non-invasive prenatal screening test for genetic syndromes
$9.8M
eHealth VenturesÌý&²¹³¾±è;Ìý
50/100
6th
Logo for Sequenom
Sequenom
1994, San Diego (United States), Acquired
Provider of noninvasive prenatal testing using circulating cell-free fetal nucleic acids
-
SR One, Star VenturesÌý&²¹³¾±è;Ìý
45/100
7th
Logo for Berry Genomics
Berry Genomics
2010, Beijing (China), Public
Provider of genetic testing products and tests
$16M
Legend Star, Legend CapitalÌý&²¹³¾±è;Ìý
45/100
8th
Logo for Nonacus
Nonacus
2015, Birmingham (United Kingdom), Unfunded
Provider of technology and services for genomic healthcare
-
-
44/100
9th
Logo for Gennet
Gennet
1996, Prague (Czech Republic), Acquired
Provider of genetics and IVF services
-
-
42/100
10th
Logo for Yourgene Health
Yourgene Health
2000, Manchester (United Kingdom), Public
Provider of non-invasive prenatal genetic tests and genomic services
-
42/100
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SYNLAB's Investments and acquisitions

SYNLAB has not made any investments yet. SYNLAB has made 11 acquisitions. Here is the list of latest three $acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
May 31, 2023
Acquisition
Logo of Igea Sant Antimo
2015
Sant Antimo,
Aug 08, 2022
Acquisition
Logo of Salus
1978
Belluno,
Aug 08, 2022
Acquisition
Logo of Belluno Medica
2015
Belluno,
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See all acquisitions by SYNLAB

News related to SYNLAB

Media has covered SYNLAB for a total of 9 events in the last 1 year, 1 of them has been about company updates.
•
EuropaWire•Apr 02, 2025•SYNLAB, Medicover
•
Fortuneo•Apr 01, 2025•Eurofins Scientific, SYNLAB
•
Iberian Lawyer•Nov 05, 2024•, SYNLAB, , Eurofins Scientific
•
Pharmatech•Oct 30, 2024•Eurofins Scientific, SYNLAB
•
Businesskorea•Oct 29, 2024•PeopleBio R&D, SYNLAB
•
Fortuneo•Oct 28, 2024•SYNLAB, Eurofins Scientific
•
Global Legal Chronicle•Oct 02, 2024•LabCorp, SYNLAB, Cinven
•
PE Hub•Sep 17, 2024•SYNLAB, Cinven
•
Global Legal Chronicle•Sep 06, 2024•, SYNLAB, ,
•
Medical Buyer•Oct 04, 2023•SYNLAB, Cinven
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