VaLogic, a Frederick, MD-based provider of GMP (Good Manufacturing Practice) and GLP (Good Laboratory Practice) compliance software and services, received an investment.
SaaS Investors
The investment was from 424 Capital.
424 Capital is a growth capital partner that makes control equity investments in lower middle market companies within B2B Tech-Enabled Services. 424 invests in, empowers, and enables companies to step up, stand out, and make a difference in the world.
VaLogic Use of Funds
The company will use the funds to accelerate its growth and expansion plans in the biotechnology, life sciences, and pharmaceutical industries.
About VaLogic
Founded in 2001 by CEO Bill Robertson, VaLogic provides a comprehensive range of software and compliance services to the life science and biotechnology market. It offers a range of services, including advisory and facility design, commissioning and qualification, cleanroom environmental monitoring, calibration, and a proprietary SaaS software called LogiPoint™ for continuous monitoring of critical facilities and equipment. VaLogic services help organizations and facilities maintain GMP compliance and enact high standards while focusing on advancing life-saving therapeutics.
Funding Details
Company: VaLogic LLC.
Raised: Undisclosed
Round: Unknown
Funding Month: November 2023
Lead Investors: 424 Capital
Additional Investors:
Company Website: https://valogicbio.com/
Software Category: Compliance Solutions
Source: https://www.prnewswire.com/news-releases/424-capital-announces-investment-in-valogic-302000061.html