Science Exchange
- Company typePrivate
- Founded2011
- HeadquartersPalo Alto, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Science Exchange firmographics
Firmographics- Name
- Science Exchange
- Legal name
- Science Exchange, Inc.
- Website
- http://scienceexchange.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Science Exchange industry classification
Industry- Product category
- Life Sciences R&D Procurement Software
- NAICS
- Scientific Research and Development Services (5417), Other Scientific and Technical Consulting Services (54169)
- SIC
- Services-Commercial Physical & Biological Research (8731)
- akta.pro primary industry
- Clinical Trial Informatics (EDC/CTMS/eCOA/eTMF) (HLAGAJAM)
Keywords
Where Science Exchange is headquartered
LocationHeadquarters
- HQ city
- Palo Alto
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Science Exchange business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Platform / Marketplace Transaction Fees: Science Exchange earns revenue from facilitating transactions between R&D buyers (biopharma companies) and scientific service suppliers on its marketplace platform. The platform provides supplier discovery, contracting, compliance, and payment processing services, with fees structured around the transaction volume processed through the platform. The company surpassed $1 billion in cumulative platform transactions in 2025.
- Subscription / Enterprise Licensing: Enterprise biopharma customers access the platform under a master service agreement, typically with annual or multi-year contract terms. Customers gain access to the full platform including the supplier marketplace, workflow automation, payments, and analytics.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise (custom negotiated) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Science Exchange product offering
Product offeringCore offering
Science Exchange operates an R&D orchestration platform that connects life sciences organizations (enterprise biopharma and emerging biotech) with a pre-qualified network of 3,800+ scientific service suppliers through a unified marketplace. The platform automates supplier requests, approvals, compliance (GxP, HIPAA, SOC 2), contracting under a single master agreement, payments via Stripe, and provides AI-powered spend analytics and supplier insights for preclinical, clinical, and HEOR research.
Product overview
Science Exchange is an R&D orchestration platform — an intelligent infrastructure layer built specifically for life sciences supplier management. The platform operates as a unified ecosystem combining three natively connected layers: the network (access to 3,800+ pre-qualified, pre-contracted scientific service suppliers), the platform (execution via the R&D Marketplace, Workflows, Payments, Analytics, and Integrations modules), and intelligence (continuous optimization through AI). The core platform modules include the R&D Marketplace for supplier sourcing, Analytics for spend intelligence, Workflows for procurement automation, Payments for invoice and payment processing, Security & Compliance for regulatory coverage (SOC 2, ISO 9001, HIPAA, GDPR), Artificial Intelligence for supplier insights and anomaly detection, and Integrations for ERP/P2P connectivity. Additional add-on modules include Virtual Lab Manager (VLM) for dedicated procurement support, HEOR & Real-World Evidence for payer evidence generation, Preclinical R&D for discovery acceleration, and Clinical Research for trial vendor coordination. The March 2025 acquisition of HappiLabs added scientific procurement software capabilities for lab consumables. Interactive tools include the Discovery Tax Calculator and Enterprise Buyer's Guide to Scientific Operations Software. The platform's AI Charter outlines responsible AI practices. Recent product expansions in 2025 added clinical and HEOR capabilities along with AI-powered workflow automation features.
Differentiator
Problem solved
Functional benefit
Products and services
- Science Exchange R&D Orchestration Platform A SaaS platform connecting enterprise biopharma and emerging biotech R&D teams with 3,800+ pre-qualified, pre-contracted scientific service suppliers under a single master agreement, with workflow automation, AI-powered supplier normalization, integrated payments, and ERP/P2P integrations (SAP Ariba, Coupa, SAP, Oracle).
- Virtual Lab Manager (VLM) A dedicated procurement support service where Virtual Lab Managers work directly with scientific teams to handle purchasing, supplier management, and payment processing, freeing scientists to focus on research. Designed for emerging biotech and lean R&D organizations that lack dedicated procurement staff.
- HappiLabs Scientific procurement software for lab consumables and small-to-mid-sized life sciences customers, acquired by Science Exchange in March 2025 to expand sourcing capabilities for emerging biotech and smaller R&D organizations.
Quantifiable outcome
- 66% year-over-year growth in gross marketplace volume in 2025, surpassing $1 billion in cumulative platform transactions.
- +10 more outcomes
Companies that use Science Exchange
Customer profileNamed customers13 records
Segments5 records
Ideal customer profiles2 records
Science Exchange technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability8 records
Feature9 records
Science Exchange partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- HappiLabscoreIn March 2025, Science Exchange acquired HappiLabs, a Chicago-based scientific procurement software company. The acquisition strengthens Science Exchange's sourcing expertise for lab consumables and small-to-mid-sized life sciences customers, expanding the platform's capabilities in scientific procurement.
- StripecoreStripe is used as the third-party payment processor for credit card transactions on the Science Exchange platform. Stripe handles payment card processing; Science Exchange does not directly collect or store payment card information.
- SAP AribacoreScience Exchange integrates with SAP Ariba as a procure-to-pay (P2P) system, enabling seamless data flows between the Science Exchange platform and enterprise ERP/P2P systems used by customers.
- CoupacoreScience Exchange integrates with Coupa as a procure-to-pay (P2P) system, enabling organizations to digitize supplier budgets and quotes upstream, with line-item data ingested, structured, and integrated directly into Coupa.
- DataRep (EU Data Protection Representative)minorScience Exchange has appointed DataRep as its EU Data Protection Representative for GDPR compliance purposes in the EU/EEA and UK, enabling customers and users to exercise their data portability and data management rights.
Scale indicators14 records
Recent moves8 records
Expansion highlights5 records
Science Exchange competitors and assessment
Company assessmentDirect peers
- Scientist.com: Scientist.com operates a marketplace connecting pharmaceutical and biotech researchers with pre-vetted contract research organizations and scientific service providers — the closest direct competitor to Science Exchange's R&D marketplace, serving the same biopharma procurement use case.
- ZAGENO: ZAGENO operates an online marketplace for life science research products, comparing SKUs across hundreds of suppliers for biotech and academic buyers — overlapping with Science Exchange's supplier discovery and consumables procurement capabilities.
- Quartzy: Quartzy provides lab supply ordering and inventory management software for academic and biotech labs, competing in the lab consumables procurement space that the HappiLabs acquisition now addresses for Science Exchange.
Emerging players
- Labviva: Labviva provides an AI-powered procurement platform for life sciences lab supplies, reagents, and instruments — directly competing with the HappiLabs/Science Exchange consumables procurement motion for small-to-mid-sized biotech customers.
Broad incumbents
- SAP Ariba: SAP Ariba is the dominant horizontal procurement and P2P platform, integrated directly with Science Exchange but also identified as a competitor by Science Exchange's own materials — represents the broader generic procurement threat Science Exchange must defend against.
- Coupa Software: Coupa is a broad business spend management platform that integrates with Science Exchange for downstream procurement processing and competes in supplier orchestration, though not purpose-built for life sciences R&D compliance.
- ServiceNow: ServiceNow is a broad enterprise workflow and supplier management platform explicitly cited by Science Exchange as a horizontal incumbent whose orchestration tools were not built for regulated life sciences R&D.
- Jaggaer: Jaggaer is an enterprise procurement and supplier management platform with deep verticals including life sciences — competing with Science Exchange for enterprise R&D procurement wallet share among large biopharma.
Others
- BioIVT: BioIVT is a major biospecimen and biological products supplier that has launched a direct punchout integration with Science Exchange — both a supplier-partner and a potential disintermediation vector as suppliers build direct procurement channels.
- Charles River Laboratories: Charles River Laboratories is a leading CRO and preclinical services provider that partnered with Science Exchange on joint webinars — a supplier-partner in the marketplace and a competitor for direct enterprise CRO procurement spend.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Science Exchange social profiles
Digital presenceScience Exchange compliance and trust
Trust signalCompliance6 records
Science Exchange financial estimates
Financial estimateRevenue estimate
Valuation estimate
Science Exchange leadership team
Management profileNumber of profiles
Profiles15 records
Science Exchange subsidiaries and ownership
Company hierarchySubsidiaries1 record
Science Exchange funding detail
Funding detailFunding overview
Funding rounds7 records
Investors21 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Science Exchange M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Science Exchange
What does Science Exchange do?
Science Exchange operates an R&D orchestration platform that connects life sciences organizations (enterprise biopharma and emerging biotech) with a pre-qualified network of 3,800+ scientific service suppliers through a unified marketplace. The platform automates supplier requests, approvals, compliance (GxP, HIPAA, SOC 2), contracting under a single master agreement, payments via Stripe, and provides AI-powered spend analytics and supplier insights for preclinical, clinical, and HEOR research.
Is Science Exchange a public or private company?
Science Exchange is a private company. It is classified as venture growth investor backed and is currently operating.
When was Science Exchange founded?
Science Exchange was founded in 2011. It employs 51 to 100 people.
Where is Science Exchange based?
Science Exchange is headquartered in Palo Alto, United States, in the North America region.
How does Science Exchange make money?
Two revenue lines are on record. Platform / Marketplace Transaction Fees are the primary driver. The others are subscription / Enterprise Licensing.
Who are Science Exchange's main competitors?
Direct peers on record are Scientist.com, ZAGENO and Quartzy. Labviva is listed as an emerging player. Broad incumbents are SAP Ariba, Coupa Software, ServiceNow and Jaggaer. Others are BioIVT and Charles River Laboratories.
Does Science Exchange have an API?
No public API is recorded for Science Exchange.
What industry is Science Exchange in?
Science Exchange's product category is Life Sciences R&D Procurement Software. Its primary akta.pro industry code is HLAGAJAM, Clinical Trial Informatics (EDC/CTMS/eCOA/eTMF). Its NAICS code is 5417 and its SIC code is 8731.