Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $115M

Overview

Founded in 2018 and headquartered in San Francisco, Pace® is a rapidly growing, private commercial laboratory services and consulting firm operating at the intersection of diagnostics, digital health, and environmental science. It has built a national network offering critical analytical services for environmental compliance (e.g., PFAS, Legionella, air/water quality) and GMP/quality control testing for the biopharmaceutical and medical device sectors. The company positions itself as a strategic partner, combining scientific expertise with a full suite of onsite, project support, and validation services to manage risk and ensure safety for its clients.

DiagnosticsDigital Health

Technology Platform

Nationwide network of laboratories offering a comprehensive suite of analytical testing methodologies (e.g., mass spectrometry for PFAS, microbiology, inorganic analysis) combined with field-based professional services for sample collection, emergency response, and regulatory consulting.

Funding History

2
Total raised:$115M
Series A$75M
Seed$40M

Opportunities

Significant growth is driven by expanding federal and state regulations for environmental contaminants like PFAS and Legionella, creating mandatory testing markets.
Additionally, the booming biopharmaceutical sector, with its complex therapies and stringent quality requirements, fuels demand for reliable GMP analytical and development services.

Risk Factors

Key risks include reliance on regulatory frameworks that can shift, operational risks associated with data accuracy and laboratory errors that could damage reputation, and intense competition in the fragmented testing services market which may pressure pricing and margins.

Competitive Landscape

Pace competes in a fragmented market with large global independent testing organizations (e.g., Eurofins, SGS, Bureau Veritas), specialized environmental labs, and in-house corporate laboratories. Its differentiation lies in its combined focus on environmental and high-stakes life sciences testing, a national network, and an integrated service model that includes field professionals and consultants.