SciShield Receives Equity Investment from Strattam Capital to Revolutionize Laboratory EHS

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BOSTON, April 12, 2023 /PRNewswire-PRWeb/ -- SciShield, a leading provider of safety and regulatory compliance management software for scientific laboratories, has announced a partnership with Strattam Capital to accelerate product innovation and continue to deliver exceptional outcomes for its customers. Founded in 2003, SciShield supports commercial and academic organizations that house many of the nation's most prestigious labs. SciShield was built from the ground up with scientists in mind, leading to high end-user engagement that drives comprehensive visibility for safety and compliance professionals.

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PR Newswire

Retrieved on:

Wednesday, April 12, 2023

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Partnership, Organization, Laboratory, Nathan, Engineering, Scientist, Ecosystem, EHS, Safety, Medical device, Management

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MASSACHUSETTS

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STRATTAM CAPITAL, SCISHIELD

Summary

Key Points:

Founded in 2003, SciShield supports commercial and academic organizations that house many of the nation's most prestigious labs.
While striving to meet the complex needs of laboratory environments, many organizations have accumulated a patchwork of customized, homegrown, and generic EHS solutions tied together by manual processes.
"The investment by Strattam will accelerate SciShield's ability to deliver solutions that further support scientific discovery and drive cost-effective, sustainable operations."
"We are very impressed with the unwavering vision and deep care that the SciShield team has for the scientific community they serve," said Neil Willis, Partner, Strattam Capital.

SciShield Receives Equity Investment from Strattam Capital to Revolutionize Laboratory EHS

Leading Provider of Environmental, Health & Safety Software Built "By Scientists, For Scientists" Expands to Accelerate Product Innovation and Meet Growing Customer Demand

BOSTON, April 12, 2023 /PRNewswire-PRWeb/ -- SciShield, a leading provider of safety and regulatory compliance management software for scientific laboratories, has announced a partnership with Strattam Capital to accelerate product innovation and continue to deliver exceptional outcomes for its customers. Founded in 2003, SciShield supports commercial and academic organizations that house many of the nation's most prestigious labs. SciShield was built from the ground up with scientists in mind, leading to high end-user engagement that drives comprehensive visibility for safety and compliance professionals.

While striving to meet the complex needs of laboratory environments, many organizations have accumulated a patchwork of customized, homegrown, and generic EHS solutions tied together by manual processes. This has resulted in frustrated end-users, high operating costs, and poor visibility for EHS professionals. As a bench researcher and lab supervisor, Nathan Watson, SciShield's Founder and Chief Executive Officer, experienced firsthand the administrative burden that diverted precious time and resources from scientific discovery. He founded SciShield to solve this problem.

SciShield is a comprehensive and highly automated platform, led by ChemTracker, the industry's premier chemical inventory management and regulatory reporting solution. In addition to serving as the EHS system of record for laboratories, SciShield frees scientists from burdensome administrative tasks, letting them safely focus their time and energy on scientific research. Due to the unique needs of their in-house scientists, companies that use enterprise-wide EHSQ systems are increasingly utilizing SciShield in their lab environments.

"By partnering with our community, we have fundamentally changed how scientists and EHS professionals work together to meet safety and compliance requirements in laboratories," said Nathan Watson. "The investment by Strattam will accelerate SciShield's ability to deliver solutions that further support scientific discovery and drive cost-effective, sustainable operations."

SciShield is expanding its product and engineering teams to meet customer-led demand for innovative new solutions. This includes building out the infrastructure to support a connected ecosystem of solutions through partnerships and new software tools brought in under the SciShield umbrella. The company is also investing in its customer success organization to ensure that its growing customer base continues to enjoy dramatic efficiency gains while achieving their safety, security, and compliance goals.

"We are very impressed with the unwavering vision and deep care that the SciShield team has for the scientific community they serve," said Neil Willis, Partner, Strattam Capital. "SciShield is on a mission to redefine laboratory safety and compliance, and we're excited to be partnering with Nathan and the entire SciShield team as they release new innovative products to help their customers navigate an increasingly complex regulatory environment with ease."

About SciShield
SciShield reduces burden on scientists worldwide while increasing safety, regulatory compliance, and operational efficiency for their organizations through our modular, enterprise software solutions. SciShield's customers range from small biotechs and life science incubators to over a third of the top-tier (R1) research institutions, and top-10 pharmaceutical companies. Free your scientists from the burden with SciShield.com.

About Strattam Capital
Strattam Capital invests in founder-led, independent, B2B software and technology companies across North America. We believe in aligning with founders and CEOs before signing, via our Five-Point Plan process to allow execution with purpose, excitement, and efficiency. Headquartered in Austin, TX, we connect companies with the people, process, and scale needed to reach their potential. For more information, visit Strattam.com.

Media Contact

Kimberley Kasper, Strattam Capital, 1 4152302705, [email protected]

SOURCE Strattam Capital