InSilicoTrials revenue hit $1.5M in 2024

InSilicoTrials generates revenue from 55200 customers

InSilicoTrials

Stafford, England, United Kingdom

About Company RevenueTeamFounder/CEOCustomersCEO Net Worth

How InSilicoTrials hit $1.5M revenue and 55.2K customers in 2023.

InSilicoTrials.com is a web-based platform, which provides a user-friendly computational modeling and simulation environment where many integrated easy-to-use in silico tools are readily available. The platform targets primarily users from the medical devices and pharmaceutical sectors. The in silico tools available for medical devices enable computational testing in different biomedical areas like radiology, orthopedics and cardiovascular during product design, development and validation processes. For the pharmaceutical sector, the platform provides access to in silico tools developed at all stages of the drug discovery and development processes and for many different therapeutic areas. The platform further ensures users management, content protection, simulation solvers, a validated environment, IT security, results reporting, pay-per-use licenses, the computational power of cloud machines and cloud storage.

Founded

2016

Founded

Revenue

$1.5M

2023 Revenue

YOY

10%

YOY

Funding

$6.5M

Funding

InSilicoTrials Revenue

In 2023, InSilicoTrials revenue run rate hit $1.5M in revenue.

  • 2023

    InSilicoTrials hit $1.5M in revenue in 2023

  • 2021

    InSilicoTrials hit $1.3M in revenue in 2021

  • 2016

    InSilicoTrials launched in 2016 with $0 revenue

InSilicoTrials Funding History


No funding has been reported for InSilicoTrials yet.

Team

InSilicoTrials has 23 total employees. They have 55,200 customers an engineering team of 2

DISTRIBUTION QTY
Total team size 23
Engineer 2 (9%)

Founder / CEO

Luca Emili

I am a serial entrepreneur. With a background in the cybersecurity and IT-cloud sectors, a few years ago, decided to invest in healthcare by purchasing a small digital CRO (Contract Research Organization). I saw that pharma and Medtech were facing the same problems I had already solved in my career, so I founded InSilicoTrials Technologies and made it my mission to help the industry digitalize R&D and deliver better and safer cures, in a shorter timeframe, while saving money. To do that, I built close relationships with regulatory bodies, companies and associations like the Avicenna Alliance, where I lead the Good Simulation Practice for healthcare initiative. I believe that the healthcare industry is at a pivotal crossroad. We all know that R&D costs are rising year over year and became unsustainable for most of the players, putting innovation at risk. On top of that, the long certification/registration process is eroding the time on the market for which these costs can be recovered. In the meanwhile, patients desperately need better cures. Digitalization is seen as a possible solution, that already worked in other safety-critical industries, but the implementation is a huge challenge to face. I’ve built a team with a unique mix of competencies in computational science, drugs development, engineering, regulatory approval, and IT to put together a unique solution with a goal: De-risk and accelerate R&D and regulatory approval of medicines and medical devices through a game-changing approach to modeling and simulation. InSilicoTrials Technology makes it easy for scientists, researchers, and doctors to use the incredible knowledge developed in universities and research centers all over the world by collecting them on a web-based platform. Now there is a single stop point to use them, and our technology is making it so simple that they don’t need to be simulation experts to do it, but they can learn in a matter of minutes.

Q&A

  • What's your age?

    -

  • Favorite online tool?

    -

  • Favorite book?

    -

  • Favorite CEO?

    -

  • Advice for 20 year old self

    -

Customers

Churn

InSilicoTrials Executives

Name Position Working Email Personal Email
Luca Emili CEO [email protected] -

InSilicoTrials Employees

Name Position Working Email Personal Email
Luca Emili CEO [email protected] -

Frequently Asked Questions about InSilicoTrials

  • When was InSilicoTrials founded?

    InSilicoTrials was founded in 2016.

  • How much revenue does InSilicoTrials generate?

    InSilicoTrials generates $1.5M in revenue.

  • Who is the CEO of InSilicoTrials

    The CEO of InSilicoTrials is Luca Emili.

  • How much funding does InSilicoTrials have?

    InSilicoTrials raised $6.5M.

  • How many employees does InSilicoTrials have?

    InSilicoTrials has 23 employees.

  • Where is InSilicoTrials headquarters?

    InSilicoTrials is headquartered at Stafford, England, United Kingdom

People Also Viewed

Homads

Developer of an online real estate platform designed to recommend renters to quality neighborhoods based on who they are. The company's online real estate platform connects users to midterm rentals during their housing transition and takes a fee from each month booked, enabling renters to efficiently learn and test their neighborhoods

Metrolink.ai

Metrolink is a unified data operations platform

DEARhealth

Developer of an AI-powered platform intended to significantly improve the health outcomes and experience of chronically ill patients. The company's platform uses advanced data analytics to drive disease-specific, coordinated care pathways with streamlined provider workflows, patient apps and organizational decision support, enabling health care providers to improve patient experience and measurable health outcomes at lower costs.

Kitchen CUT

Kitchen CUT is a complete digital kitchen management system designed to manage dish costing, cost tracking, and day to day back office kitchen operations. It empowers teams to quickly and accurately create, cost and share dishes, allergens and nutritional analysis while tracking ongoing stock. Wastage, breakages and ordering. F&B teams use Kitchen CUT to quickly and accurately create, cost and share dishes with allergen and nutrition info, produce stock take, wastage and breakage reports and gain vital analytics and insights to make their business more profitable. Our Network products give the ability to generate powerful performance insights and analytics across group businesses while integrating with purchasing and EPOS systems to give you up-to-the minute performance insights across your business.

Fenestrae

Provider of an optimized platform designed to improve business agility and reduce operating costs. The company's optimized platform helps in sending and receiving fax and messages from any business application or multi functional printer, enabling businesses to convert business documents into smart digital files for easy exchange inside and outside.

ChronicCareIQ

ChronicCareIQ was found by Matt Ethington in 2015. The founder was diagnosed with Type 1 Diabetes at the age of 30, a highly unusual and late diagnosis for a type 1 diabetic. Matt quickly discovered and learned about the patient experience in a chronic care management process and the disconnect between patients and physicians. ChronicCareIQ's enables physicians and hospitals to stay better connected to their patients. CCIQ's connected care platform is an all in one tool-kit for physicians to provide chronic care management, remote patient monitoring, and transitional care management for their patient population. CCIQ is an early warning system to know when fragile and chronic patients require your attention. Patients respond to automated, algorithm driven electronic queries via smart phone app, text, email, desktop or tablet. Queries match patient health profiles and are dynamic to detect disease progression, decompensation, change in symptoms and patient status. Those, whose resp