StageBio

StageBio

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Private Company

Total funding raised: $19M

Overview

StageBio, founded in 2016, is a specialized histopathology CRO serving the biopharma and medical device industries. It offers an integrated suite of services including necropsy, histology, pathology, archiving, and niche expertise in areas like neuropathology and ocular histopathology. The company operates globally with locations in the US and Germany, leveraging a team of over 20 board-certified pathologists to support thousands of studies. As a private, services-focused company, it generates revenue by providing critical, regulatory-compliant data generation and storage solutions.

OncologyNeurology/CNSOphthalmologyGeneral Toxicology

Technology Platform

Integrated GLP-compliant histopathology service platform including necropsy, histology, digital pathology, IHC/IF/ISH, specialized pathology evaluation (neuro, ocular, medical device), and secure specimen archiving/biorepository services.

Funding History

2
Total raised:$19M
Series A$15M
Seed$4M

Opportunities

Growth is driven by increasing biopharma/device R&D outsourcing, demand for specialized pathology in complex therapeutic areas, and the need for GLP-compliant archiving.
Geographic expansion, particularly in Europe via acquisition, presents a clear near-term opportunity.

Risk Factors

Risks include dependency on client R&D budgets, competition from larger CROs, regulatory compliance requirements, and the challenge of recruiting scarce specialized pathologist talent.
Integration of acquisitions also carries execution risk.

Competitive Landscape

StageBio competes with large, full-service preclinical CROs (e.g., Charles River, Labcorp) that have in-house pathology departments, as well as other specialized histopathology labs and academic core facilities. Its differentiation lies in its exclusive focus on histopathology, deep niche expertise, and integrated archiving solutions.