2024 Revenue
$2.7M
Customers
55.2K
Funding
$0
YOY
81.7%
Avg ACV
$50
Team
23
Founded
2016
How InSilicoTrials CEO Luca Emili grew to $2.7M revenue and 55.2K customers in 2024.
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.
Last updated
InSilicoTrials Revenue
In 2024, InSilicoTrials's revenue reached $2.7M. The company previously reported $1.5M in 2023. Since its launch in 2016, InSilicoTrials has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | InSilicoTrials Hit $2.7m revenue in October 2024 | |
| 2023 | InSilicoTrials Hit $1.5m revenue in October 2023 | |
| 2021 | InSilicoTrials Hit $1.3m revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
InSilicoTrials Valuation, Funding Rounds
InSilicoTrials is a bootstrapped Other Analytics Software startup. Founded in 2016, InSilicoTrials has grown to $2.7M in revenue without raising any venture capital or outside funding.
As a self-funded Other Analytics Software SaaS company, InSilicoTrials has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Luca Emili
CEO
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.
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Customers
InSilicoTrials serves 55.2K customers.
InSilicoTrials Employees & Team Size
InSilicoTrials employs approximately 23 people as of 2026. It serves 55.2K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 23 employees (October 2024) |
| 2023 | Reached 23 employees (October 2023) |
| 2022 | Reached 22 employees (October 2022) |
| 2021 | Reached 23 employees (December 2021) |
| 2021 | Reached 15 employees (April 2021) |
Frequently Asked Questions about InSilicoTrials
What is InSilicoTrials's revenue?
InSilicoTrials generates $2.7M in revenue.
Who founded InSilicoTrials?
InSilicoTrials was founded by Luca Emili.
Who is the CEO of InSilicoTrials?
The CEO of InSilicoTrials is Luca Emili.
How much funding does InSilicoTrials have?
InSilicoTrials raised $0.
How many employees does InSilicoTrials have?
InSilicoTrials has 23 employees.
Where is InSilicoTrials headquarters?
InSilicoTrials is headquartered in Stafford, England, Italy.
Compare InSilicoTrials to the industry
InSilicoTrials operates across multiple industries. Browse revenue, funding, and growth data for InSilicoTrials in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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