Ovation Overview

  • Founded
  • 2009

Founded
  • Status
  • Private

  • Employees
  • 64

Employees
  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $25K

  • Investors
  • 14

Ovation General Information

Description

Developer of a cloud-based laboratory information management system designed to facilitate clinical diagnostics for molecular diagnostic labs. The company's information system includes lab workflows, sample tracking, document management, personnel training, external portals, and a partner ecosystem for revenue cycle management, clinical interpretation, consulting services, and business analytics for clinical diagnostics, enabling medical researchers and scientists to collect and organize lab-related data and make informed decisions easily.

Contact Information

Website
www.ovation.io
Formerly Known As
Physion Consulting, Physion
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Enterprise Systems (Healthcare)
Other Industries
Medical Records Systems
Primary Office
  • 2 Union Street
  • Portland, ME 04101
  • United States
+1 (617) 000-0000

Ovation Timeline

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

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Ovation Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Later Stage VC 01-Jul-2022 $25K 000.00 Completed Generating Revenue
8. Later Stage VC (Series B) 09-Oct-2020 000.00 0000 000.00 Completed Generating Revenue
7. Later Stage VC (Series A1) 10-Sep-2019 00.00 000.00 000.00 Completed Generating Revenue
6. Later Stage VC (Series A) 14-Mar-2019 000 000.00 0000 Completed Generating Revenue
5. Seed Round 08-Jan-2018 00.000 00.000 00.000 Completed Generating Revenue
4. Seed Round 01-Jan-2018 000 00.000 00.00 Completed Generating Revenue
3. Angel (individual) 01-Jan-2016 00.000 Completed Generating Revenue
2. Seed Round 30-Jun-2015 $1.83M $1.83M Completed Generating Revenue
1. Accelerator/Incubator Completed Startup
To view Ovation’s complete valuation and funding history, request access »

Ovation Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A-1 0,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Seed-2 1,603,018 $0.000100 8% $1.58 $1.58 1x $1.58 7.6%
Seed-1 1,289,080 $0.000100 8% $1.58 $1.58 1x $1.58 6.11%
To view Ovation’s complete cap table history, request access »

Ovation Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cloud-based laboratory information management system designed to facilitate clinical diagnostics for mole
Enterprise Systems (Healthcare)
Portland, ME
64 As of 2023
000.00
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xercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute i
00000000 00000000
Aliso Viejo, CA
00 As of 0000
000000&0

000000

commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit es
0000000000 0000000 (
Basel, Switzerland
000 As of 0000
00000000000
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Ovation Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Progeny Software Corporate Backed or Acquired Aliso Viejo, CA 00 000000&0
00000000 Formerly VC-backed Basel, Switzerland 000 00000000000
0000000 Corporate Backed or Acquired Southborough, MA 00 000000&0
0000000 Venture Capital-Backed Cambridge, MA 00 00000000000
00000000 Private Equity-Backed Chicago, IL 000000000000
You’re viewing 5 of 8 competitors. Get the full list »

Ovation Patents

Ovation Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-9465889-B2 Method and system for identifying data and users of interest from patterns of user interaction with existing data Active 05-Jul-2012 000000000000

Ovation Executive Team (7)

Name Title Board Seat Contact Info
Barry Wark Ph.D Co-Founder, President, Manager, Chief Strategy Officer & Board Member
Winston Brasor Co-Founder, General Manager, Chief Operating Officer, Chief Commercial Officer & Board Member
Zane Schafer Chief Technology Officer
Martin Miller Chief Revenue Officer
Chris Hargarten Senior Director, Product Management, Genomic Data
You’re viewing 5 of 7 executive team members. Get the full list »

Ovation Board Members (8)

Name Representing Role Since
Andrew Palmer Ovation Board Member 000 0000
Christopher Picardo Madrona Venture Group Board Observer 000 0000
Curtis Medeiros Self Chief Executive Officer & Board Member 000 0000
John Walker Ovation Board Member 000 0000
Michael Self StageDotO Ventures Board Member 000 0000
You’re viewing 5 of 8 board members. Get the full list »

Ovation Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Ovation Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Park City Angels Angel Group Minority 000 0000 000000 0
Capital Eleven Growth/Expansion Minority 000 0000 000000 0
SignalFire Venture Capital Minority 000 0000 000000 0
Maine Technology Institute Not-For-Profit Venture Capital 000 0000 000000 0
Borealis Ventures Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 14 investors. Get the full list »