Lifebit logo — We built the Federated Trusted Research Environment for the...

Lifebit

We built the Federated Trusted Research Environment for the world's most sensitive health data.

Founded 2017 United States New York, United States 67 employees Series B Total: $70.62M AI, Biotechnology +5

General Information

Company Name Lifebit
Founded Year 2017
Location United States New York, United States +1
Founders / Decision Makers
Team member Team member
Employees 67
Industries AI, Biotechnology, Cloud Infrastructure +4
Funding Stage Series B
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AI Insight

Bounce Watch AI
2 months ago

Lifebit, a Series B company providing federated trusted research environments for health data, is actively recruiting for five new positions. This ongoing talent acquisition suggests a period of sustained, moderate growth and strategic investment in strengthening specific teams. While not a large-scale expansion, it indicates continuous operational development as the company builds upon its $60M Series B round from 2021.

Signal Types
Hiring
Strategic Labels
Team Expansion Operational Growth
Next Move: Fundraising
·
Impact: 5/10
·
Ideal For: Growth Equity – Health Tech

About Lifebit

Lifebit, founded in 2017, has positioned itself at the forefront of federated health data infrastructure, leveraging a specialized platform that permits extensive analysis of sensitive biomedical data without relocating it from its source. This innovation aligns with the critical need for secure data handling, emphasized by the implementation of the ONS Five Safes framework. This system maintains data sovereignty and mandates rigorous output verification through an "airlock" process.

Lifebit has successfully powered high-profile projects, including Genomics England and other leading biobanks, demonstrating its validity in supporting large-scale genomics and cross-border biomedical AI without undermining patient trust. By addressing needs in the AI, Biotechnology, Cloud Infrastructure, and Life Sciences sectors, the company appeals significantly to pharma companies, biobanks, and government entities.

Currently headquartered in the United States, Lifebit secured a substantial $60.00M Series B investment on 01 September 2021 from major investors including Beacon Capital, Pentech Ventures, Tiger Global, and Eurazeo, underscoring strong investor confidence in their scalable, secure, and innovative solutions.

Taxonomy: Federated Trusted Research Environment, Biomedical Research Infrastructure, Genomics Platform, Data Sovereignty, AI-Powered Genomic Analysis, Population-Scale Genomics, Trusted Research Environment, ONS Five Safes Framework, Cross-Border Biomedical AI, Health Data Security, Multi-Omic Analysis, Precision Medicine, Drug Discovery, Biobank Data Management, High-Performance Computing

Services & Products

Federated Research & Discovery
DataHub Creation and Management
Data Automation and Harmonization
Real-time Surveillance for Drug Side Effects and Disease Outbreaks
Operational Governance and Security

Target Customers

Government Agencies Commercial Pharmaceuticals Health Nonprofits Health Systems Data Providers Research Organizations

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 4
Investor Investor
•••• ••••
01 Sep 2021
Series A •••••• 4
Investor Investor Investor
•••• ••••
01 Apr 2020
Seed •••••• 4
Investor Investor Investor
•••• ••••
01 Jul 2018
Seed •••••• - 01 Jan 2018
Angel •••••• - 01 Jul 2017

Lifebit Alternatives & Competitors

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FAQ About Lifebit

We built the Federated Trusted Research Environment for the world's most sensitive health data.
Lifebit was founded in 2017.
Lifebit is headquartered in New York, United States.
Lifebit operates in the following industries: AI, Biotechnology, Cloud Infrastructure, Life Sciences, Pharmaceutical, Clean Energy, Machine Learning.
Lifebit has approximately 67 employees.
Lifebit has completed 5 funding rounds, raising a total of $70.62M. The latest funding stage is Series B.
Lifebit offers: Federated Research & Discovery, DataHub Creation and Management, Data Automation and Harmonization, Real-time Surveillance for Drug Side Effects and Disease Outbreaks, Operational Governance and Security.
Top alternatives and competitors to Lifebit include ATGENOMIX, CuradigmData, Vibrent Health, Center for Translational Data Science. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lifebit and ATGENOMIX are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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