Clustermarket Ltd

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Clustermarket Ltd - overview

Established

2015

Location

London, -, UK

Primary Industry

Internet

About

Clustermarket Limited, based in the UK, operates an innovative laboratory scheduling software platform designed to enhance the efficiency of research and development labs globally, serving a diverse clientele across multiple continents. Clustermarket Limited specializes in laboratory scheduling software that facilitates efficient project planning and equipment reservation for research labs. Founded in 2015 and headquartered in London, UK, the company has successfully secured two funding rounds, with the most recent being in May 2021, where it raised GBP 2. 50 million led by 24Haymarket and supported by Forward Partners.


The founders of Clustermarket include Giovanni Rizzo, Johannes Solzbach, Niklas Friedberg, and Tobias Wingbermühle, with Johannes Solzbach currently serving as CEO. The company has not undergone any significant pivots or changes in business operations since its inception. Clustermarket offers a comprehensive laboratory scheduling software designed for research and development labs, focusing on streamlining lab scheduling, equipment bookings, training status, and maintenance activities. The core product allows researchers to efficiently plan projects and reserve necessary equipment through a user-friendly interface that supports drag-and-drop functionality.


This system serves a diverse client base that includes over 15,000 laboratories across six continents, catering to academic institutions, industry leaders, and startups. By providing detailed analytics, including booking data versus actual usage, Clustermarket empowers lab managers to optimize equipment utilization and make informed purchasing decisions. Geographically, Clustermarket operates in various international markets, allowing researchers worldwide to enhance their productivity and research outcomes. Clustermarket generates revenue primarily through subscription-based models, which provide clients access to their robust scheduling and management software.


This structure typically involves annual or monthly subscriptions that offer varying features and levels of support, catering to both individual labs and larger organizations needing to manage multiple facilities. Clients benefit from a streamlined platform that integrates equipment scheduling, maintenance tracking, and analytics, which is essential for effective lab management. Specific pricing plans are associated with the subscription offerings, reflecting the scale and needs of the client base, ensuring tailored solutions for their laboratory management challenges. In May 2021, Clustermarket Limited raised GBP 2.


50 million in venture funding, which will be strategically utilized to enhance product development and expand market reach. The company plans to introduce new features to its laboratory scheduling software and is exploring opportunities to enter untapped markets across Europe and North America by the end of 2022. This funding round, led by 24Haymarket, will support these initiatives to drive further growth and improve laboratory management solutions.


Current Investors

Funding London, Angels in MedCity, Forward Partners

Primary Industry

Internet

Sub Industries

Analytics & Performance Software, Application Integration Software, Customer Relationship Management, Systems Management Software

Website

www.clustermarket.com

Verticals

Cloud Computing

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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