Ovation Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Private

  • Employees
  • 64


  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $25K

  • Investors
  • 14

Ovation General Information


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

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
Corporate Office
  • 2 Union Street
  • Portland, ME 04101
  • United States
+1 (617) 000-0000

Ovation Timeline

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
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

HQ Location
Total Raised
Post Valuation
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
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0000000000 0000000 (
Basel, Switzerland
000 As of 0000


ng elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut e
0000000000 0000000 (
Berlin, Germany
00 As of 0000
000.00 0000-00-00
00000000000 000.00
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Ovation Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Genedata Formerly VC-backed Basel, Switzerland 000 00000000000
Labforward Venture Capital-Backed Berlin, Germany 00 000.00 00000000000 000.00
Labguru Venture Capital-Backed Cambridge, MA 00 000000000000
You’re viewing 3 of 3 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 00

Ovation Executive Team (7)

Name Title Board Seat
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
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


Similarweb Unique Visitors


Majestic Referring Domains


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Ovation Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
Park City Angels Angel Group Minority 000 0000 000000 0
Capital Eleven Growth/Expansion Minority 000 0000 000000 0
SignalFire (Private Equity) 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 »

Ovation FAQs

  • When was Ovation founded?

    Ovation was founded in 2009.

  • Who is the founder of Ovation?

    Barry Wark Ph.D and Winston Brasor are the founders of Ovation.

  • Who is the CEO of Ovation?

    Curtis Medeiros is the CEO of Ovation.

  • Where is Ovation headquartered?

    Ovation is headquartered in Portland, ME.

  • What is the size of Ovation?

    Ovation has 64 total employees.

  • What industry is Ovation in?

    Ovation’s primary industry is Enterprise Systems (Healthcare).

  • Is Ovation a private or public company?

    Ovation is a Private company.

  • What is Ovation’s current revenue?

    The current revenue for Ovation is 00000.

  • How much funding has Ovation raised over time?

    Ovation has raised $35.1M.

  • Who are Ovation’s investors?

    Park City Angels, Capital Eleven, SignalFire (Private Equity), Maine Technology Institute, and Borealis Ventures are 5 of 14 investors who have invested in Ovation.

  • Who are Ovation’s competitors?

    Genedata, Labforward, and Labguru are competitors of Ovation.

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