Reach Industries Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
8
- Latest Deal Type
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Seed
- Latest Deal Amount
-
$1.81M
- Investors
-
9
Reach Industries General Information
Description
Developer of robotics software designed to augment scientists and make labs more efficient. The company's software facilitates predictive quality and maintenance analytics, asset condition monitoring, and process optimization, enabling clients to efficiently control material flow and store telematics and sensor data in the cloud.
Contact Information
Website
www.reach.industriesCorporate Office
- 14 Wootton Road
- Brislington
- Bristol BS4 4AL
- England, United Kingdom
Corporate Office
- 14 Wootton Road
- Brislington
- Bristol BS4 4AL
- England, United Kingdom
Reach Industries Timeline
Reach Industries Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Seed Round | 08-Dec-2023 | $1.81M | Completed | Startup | ||
3. Accelerator/Incubator | 27-Jun-2022 | Completed | Startup | |||
2. Seed Round | 15-Jul-2020 | Completed | Startup | |||
1. Grant | 01-Jul-2020 | $62.5K | Completed | Startup |
Reach Industries Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Ordinary | ||||||||
A Ordinary | ||||||||
Pre-Seed | 4,780 | $0.000125 | $252.46 | $252.46 | 1x | $252.46 | 18.72% | |
Ordinary | 10,000 | $0.000125 | $1.25 | $1.25 | 1x | $1.25 | 39.17% |
Reach Industries Executive Team (2)
Name | Title | Board Seat |
---|---|---|
Silas Adekunle | Co-Founder, Chief Executive Officer & Board Member | |
Christopher Beck Ph.D | Co-Founder & Chief Technology Officer |
Reach Industries Board Members (2)
Name | Representing | Role | Since |
---|---|---|---|
Peter Crane | Self | Board Member | |
Silas Adekunle | Reach Industries | Co-Founder, Chief Executive Officer & Board Member |
Reach Industries Signals
Reach Industries Investors (9)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Anorak Ventures | Venture Capital | Minority | ||
Blue Wire Capital | Venture Capital | Minority | ||
Id4 Ventures | Venture Capital | Minority | ||
Lunar Ventures | Venture Capital | Minority | ||
SFC Capital | Venture Capital | Minority |
Reach Industries FAQs
-
When was Reach Industries founded?
Reach Industries was founded in 2019.
-
Who is the founder of Reach Industries?
Silas Adekunle and Christopher Beck Ph.D are the founders of Reach Industries.
-
Who is the CEO of Reach Industries?
Silas Adekunle is the CEO of Reach Industries.
-
Where is Reach Industries headquartered?
Reach Industries is headquartered in Bristol, United Kingdom.
-
What is the size of Reach Industries?
Reach Industries has 8 total employees.
-
What industry is Reach Industries in?
Reach Industries’s primary industry is Business/Productivity Software.
-
Is Reach Industries a private or public company?
Reach Industries is a Private company.
-
What is the current valuation of Reach Industries?
The current valuation of Reach Industries is
. -
What is Reach Industries’s current revenue?
The current revenue for Reach Industries is
. -
How much funding has Reach Industries raised over time?
Reach Industries has raised $1.81M.
-
Who are Reach Industries’s investors?
Anorak Ventures, Blue Wire Capital, Id4 Ventures, Lunar Ventures, and SFC Capital are 5 of 9 investors who have invested in Reach Industries.
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