Axcend Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 20

Employees

  • Latest Deal Type
  • Later Stage VC
  • (Upcoming)

  • Latest Deal Amount
  • $3M

Axcend General Information

Description

Developer of a portable capillary liquid chromatography system designed to separate mixtures and identify target analytes. The company's system offers dramatic improvements in cost, portability, ease of operation, rapid and convenient deployment, and coupling to other testing systems including mass spectrometers and auto-samplers, enabling pharma companies to get chromatography results easily while retaining high-performance consistency and robustness.

Contact Information

Website
www.axcendcorp.com
Formerly Known As
Tranxend
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 5252 North Edgewood Drive
  • Suite 185
  • Provo, UT 84604
  • United States
+1 (801)
Primary Industry
Electrical Equipment
Parent Company
Catalyze Partners
Vertical(s)
Advanced Manufacturing, Manufacturing, HealthTech, Life Sciences
Corporate Office
  • 5252 North Edgewood Drive
  • Suite 185
  • Provo, UT 84604
  • United States
+1 (801)

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Axcend Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Later Stage VC $3M Upcoming Generating Revenue
11. Merger/Acquisition 22-Jul-2024 Completed Generating Revenue
10. Angel (individual) 23-Feb-2023 Completed Generating Revenue
9. Angel (individual) 14-Jan-2022 Completed Generating Revenue
8. Grant 01-Jan-2022 Completed Generating Revenue
7. Angel (individual) 04-Mar-2021 Completed Generating Revenue
6. Later Stage VC 03-Mar-2021 Completed Generating Revenue
5. Debt - PPP 30-Apr-2020 Completed Generating Revenue
4. Seed Round 06-May-2019 $2M $3.9M Completed Generating Revenue
3. Angel (individual) 31-Dec-2018 $500K $1.9M Completed Generating Revenue
To view Axcend’s complete valuation and funding history, request access »

Axcend Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a portable capillary liquid chromatography system designed to separate mixtures and identify target analyte
Electrical Equipment
Provo, UT
20 As of 2023

Milford, MA
 

Kyoto, Japan
 
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Axcend Competitors (4)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Waters Formerly PE-Backed Milford, MA
Shimadzu Corporation Kyoto, Japan
Agilent Technologies Corporation Santa Clara, CA
Thermo Fisher Scientific Formerly PE-Backed Waltham, MA
To view Axcend’s complete competitors history, request access »

Axcend Executive Team (9)

Name Title Board Seat
Greg Ward Co-Chief Executive Officer
Julie Blake Chief Marketing Officer
Milton Lee Ph.D Co-Founder, Chief Science Officer & Board Member
Glen Mella Co-Founder, Co-Chief Executive Officer & Chairman
Brandon Fugal Co-Founder & Board Member
You’re viewing 5 of 9 executive team members. Get the full list »

Axcend Board Members (6)

Name Representing Role Since
Brandon Fugal Axcend Co-Founder & Board Member
Brent Knudsen JD Partnership Capital Growth Board Member
Christopher Lee MD Axcend Co-Founder & Board Member
Curtis Hill Self Board Member
Glen Mella Axcend Co-Founder, Co-Chief Executive Officer & Chairman
You’re viewing 5 of 6 board members. Get the full list »

Axcend Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Axcend Former Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Brad Halverson Angel (individual) Minority
Brandon Fugal Angel (individual) Minority
Christopher Lee Angel (individual) Minority
Curtis Hill Angel (individual) Minority
Knudsen Capital Family Office Minority
You’re viewing 5 of 9 investors. Get the full list »

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Axcend FAQs

  • When was Axcend founded?

    Axcend was founded in 2016.

  • Who is the founder of Axcend?

    Milton Lee Ph.D, Glen Mella, Brandon Fugal, and Christopher Lee MD are the founders of Axcend.

  • Who is the CEO of Axcend?

    Greg Ward is the CEO of Axcend.

  • Where is Axcend headquartered?

    Axcend is headquartered in Provo, UT.

  • What is the size of Axcend?

    Axcend has 20 total employees.

  • What industry is Axcend in?

    Axcend’s primary industry is Electrical Equipment.

  • Is Axcend a private or public company?

    Axcend is a Private company.

  • What is Axcend’s current revenue?

    The current revenue for Axcend is .

  • How much funding has Axcend raised over time?

    Axcend has raised $14.2M.

  • Who are Axcend’s investors?

    Brad Halverson, Brandon Fugal, Christopher Lee, Curtis Hill, and Knudsen Capital are 5 of 9 investors who have invested in Axcend.

  • Who are Axcend’s competitors?

    Waters, Shimadzu, Agilent Technologies, and Thermo Fisher Scientific are competitors of Axcend.

  • Who acquired Axcend?

    Axcend was acquired by Catalyze Partners.

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