BLTG
Lab automation for biotech labs.
Odds to close a Series C in 12 months57.9%Range 40%–74%
18 of 23 applicable signals known, low confidence
0.0 today+5.3 30 days
Toss-up
+33.5 pts over the past 180 days
Last roundSeries B, $45M
Led byRedpoint
Months since1
Total raised$67M
Headcount48
Founded2020
Factors
Factors are groups of signals that can contribute to a company’s success. Each is marked positive or negative for its odds. They’re indicators, not guarantees; together, and tested against real outcomes, they become predictive.
Founders49Neutral5 of 6 signals known
Traction52Neutral2 of 3 signals known
Hiring50Neutral2 of 4 signals known
Capital53Neutral3 of 4 signals known
Network78Positive3 of 3 signals known
Product54Neutral3 of 3 signals known
SignalValue
Network1 of 3 pushing up+0.87 net
Product3 of 3 pushing up+0.12 net
Capital1 of 4 pushing up+0.08 net
Traction1 of 3 pushing up+0.05 net
Hiring0 of 4 pushing up+0.01 net
Founders2 of 6 pushing up−0.02 net
4 signals don’t apply to Health & bio companies at Series B and aren’t counted.