CryoPort Systems

CryoPort Systems

CYRX
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CYRX · Stock Price

USD 12.76+5.69 (+80.48%)
Market Cap: $638.1M

Historical price data

Market Cap: $638.1MFounded: 1999HQ: Irvine, United States

Overview

CryoPort Systems is a mission-critical enabler for the life sciences industry, providing integrated, temperature-controlled supply chain solutions that de-risk the logistics of high-value, sensitive materials. The company has established itself as a trusted partner through its robust quality framework, including ISO 21973 certification and its unique practice of requalifying every shipper after every use, supporting over 650 clinical trials and 500,000+ shipments. Its strategy revolves around offering a comprehensive, end-to-end platform that consolidates fragmented supply chain services under a single vendor, thereby capturing greater value as the cell and gene therapy market expands from clinical to commercial scale.

OncologyRare DiseasesRegenerative MedicineAnimal HealthReproductive Medicine

Technology Platform

Integrated platform combining patented temperature-controlled shipping systems (cryogenic to refrigerated), real-time digital tracking via CryoPortal®, and proprietary Chain of Compliance® protocols for end-to-end supply chain visibility and risk mitigation.

Funding History

4
Total raised:$50M
Debt$20M
Series C$15M
Series B$10M
Series A$5M

Opportunities

The company is poised to capitalize on the explosive growth of cell and gene therapies, which require complex, temperature-sensitive logistics.
Its integrated platform strategy allows it to capture a greater share of wallet as therapies move from clinical trials to global commercial distribution, creating recurring, high-value revenue streams.

Risk Factors

Revenue is heavily dependent on the funding environment and success rate of biotech clients, creating cyclicality.
Operational complexity and the need for flawless execution pose reputational risks, while increasing competition from large logistics firms could pressure margins.

Competitive Landscape

Competes with broad logistics giants (FedEx, UPS) who lack deep specialization, and niche cold chain packers who lack an integrated platform. CryoPort's key advantages are its end-to-end service suite, proprietary technology, and unique quality protocols like requalifying every shipper after every use.

Company Timeline

1999Founded

Founded in Irvine, United States

2013Series C

Series C: $15.0M

2015Debt

Debt: $20.0M