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ICONIQ Growth led a $65m funding in Apprentice.io.

Financials

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Transaction Value£53m
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Life science

Friendly

Software

Domestic

Completed

Acquisition

Private

Private Equity

Minority

Venture Capital

United States

Synopsis

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ICONIQ Growth, an investment firm, led a $65m funding in Apprentice.io, a provider of one platform for life science manufacturers to turn molecules into medicine, with participation from Alkeon Capital Management and Insight Partners. "Apprentice's growth is a testament to the critical role of advanced technologies in expediting the delivery of life-saving therapeutics to patients in need. We firmly believe that Apprentice's cutting-edge solutions can accelerate the life sciences industry into the modern era and facilitate the transition to the therapeutics of the future. We're thrilled to be partnering with the Apprentice team to extend their impact globally," Caroline Xie, ICONIQ Growth General Partner.

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