Axcend Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 28

Employees

  • Latest Deal Type
  • M&A

Axcend General Information

Description

Developer of a high-performance liquid Chromatography (HPLC) 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
  • 3301 NorthThanksgiving Way
  • Suite 175
  • Lehi, UT 84043
  • United States
+1 (469)
Primary Industry
Electrical Equipment
Other Industries
Other Commercial Products
Parent Company
Catalyze Partners
Vertical(s)
Advanced Manufacturing, Manufacturing, HealthTech, Life Sciences
Corporate Office
  • 3301 NorthThanksgiving Way
  • Suite 175
  • Lehi, UT 84043
  • United States
+1 (469)

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Axcend Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Merger/Acquisition 15-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 Completed Generating Revenue
3. Angel (individual) 31-Dec-2018 $1.5M $2.9M Completed Generating Revenue
2. Angel (individual) 01-Jun-2018 $1M $1.4M 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 high-performance liquid Chromatography (HPLC) system designed to separate mixtures and identify target an
Electrical Equipment
Lehi, UT
28 As of 2025

Milford, MA
 

Kyoto, Japan
 
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Axcend Competitors (4)

One of Axcend’s 4 competitors is Waters, a Formerly PE-Backed company based in Milford, MA.

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

Axcend Patents

  • 3

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 2

    Pending

  • Expiring in next 12 mo

Axcend Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230408457-A1 Column in a module with internal or external on-column or flow cell detectors with optional heating for liquid chromatography Pending 20-Jun-2022
WO-2023250337-A1 Column in a module with internal or external on-column or flow cell detectors with optional heating for liquid chromatography Inactive 20-Jun-2022
JP-2025521333-A Columns in modules with internal or external on-column or flow cell detectors with optional heating for liquid chromatography Pending 20-Jun-2022 G01N30/16

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
Angel (individual) Minority
Angel (individual) Minority
Angel (individual) Minority
Angel (individual) Minority
Knudsen Capital Family Office Minority
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Axcend FAQs

  • When was Axcend founded?

    Axcend was founded in 2016.

  • Where is Axcend headquartered?

    Axcend is headquartered in Lehi, UT.

  • What is the size of Axcend?

    Axcend has 28 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 $15.2M.

  • Who are Axcend’s investors?

    , , , , and Knudsen Capital are 5 of 9 investors who have invested in Axcend.

  • Who are Axcend’s competitors?

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

  • When was Axcend acquired?

    Axcend was acquired on 15-Jul-2024.

  • Who acquired Axcend?

    Axcend was acquired by Catalyze Partners.

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