Software & Technology

Procurement and supplier management software for life sciences organizations

Headquarters Palo Alto, CA
Date of initial investment September 2024
Website scienceexchange.com

Science Exchange is a leading provider of SaaS purchasing, procurement, and supplier management solutions to the life sciences industry, providing a central hub from which pharma and biotech customers can procure outsourced services, manage RFPs, collaborate with suppliers, automate internal approvals and workflows, alleviate legal and compliance hurdles, track service delivery, and facilitate invoicing and payment. Science Exchange supports many of the world’s largest pharma and biotech companies in optimizing their R&D operations, accelerating project timelines, and realizing time and cost savings.

MARK P LAYDEN Small
Mark Layden Executive Chairman & WCP Operating Partner

Having worked with the Waud Capital team once before, I was thrilled to kick off our second partnership with the launch of our enterprise application software campaign earlier this year. Waud’s executive partnership model and ecosystem of resources are foundational to their investment strategy and clear differentiators in the market. Following the launch of our campaign, we quickly got to work and are greatly excited by our investment in Science Exchange, a premier SaaS asset with significant potential and a strong value proposition in the life sciences vertical end market. I look forward to working alongside the executive leadership team and the Waud Capital team to execute upon this potential.

Elizabeth Iorns
Elizabeth Iorns Chief Executive Officer

With Waud Capital’s support, we are poised to further solidify our position as the premier SaaS supplier orchestration platform in the life sciences industry. Our platform has already transformed how life sciences companies work with their suppliers, and this partnership will enable us to accelerate our product innovation, drive even faster growth, and expand our impact across the industry. Waud’s proven track record in scaling technology companies, combined with their deep experience in healthcare and life sciences, make them the ideal partner to help us unlock the next phase of Science Exchange's evolution.