Dotmatics
The maker of GraphPad Prism and SnapGene, bought by Siemens for $5.1B in July 2025. Now a unit of a German industrial giant, run from Boston with a mostly remote job board.
Siemens release, Jul 1, 2025; Greenhouse board- Owner
- Siemens AG (ETR:SIE) part of Siemens Digital Industries Software since Jul 1, 2025.
- Valuation
- $5.1B (sale) enterprise value Siemens paid Insight Partners at closing.
- Revenue
- Over $300M what Siemens expected for its fiscal 2025, with mid-teens growth and an adjusted EBITDA margin above 40%.
- Watch
- New CEO Brian Lee leads Dotmatics, replacing Thomas Swalla, who ran it through the sale.
- AI
- Luma Agent + MCP an AI co-scientist launched May 2026; Claude or ChatGPT can connect to it over MCP.
- Liquidity
- Paid at the sale Insight Partners sold for cash to Siemens; how staff equity was settled is not public.
- Hiring
- 28 → 28 remote listings since Oct 10.
Software licenses for scientists, plus a data platform for labs.
Dotmatics sells desktop and cloud apps that individual scientists buy, such as GraphPad Prism for statistics, SnapGene and Geneious for DNA work, and LabArchives notebooks. On top sits Luma, a platform that pulls lab data together for drug and materials companies. It serves about 14,000 customers and more than 2 million scientists. No revenue split is published.
Siemens release, Apr 2, 2025; Dotmatics, May 2026- 1Tools scientists already know by nameMore than 2 million scientists and 14,000 customers in over 180 countries use its apps, led by GraphPad Prism, SnapGene and Geneious.Dotmatics, May 13, 2026
- 2Very profitable for its sizeSiemens expected an adjusted EBITDA margin above 40% on over $300M of fiscal 2025 revenue, with mid-teens growth.Siemens release, Apr 2, 2025
- 3A link from the lab to the factorySiemens plans to tie Dotmatics research tools to its manufacturing and simulation software, and targets over $500M a year of revenue synergies in the long term.Siemens release, Jul 1, 2025
- Dassault Systemes$37.8Blisted, Oct 30 close
- Benchling$6.10Bprivate, Nov 18
- Dotmatics$5.10BAcquired by Siemens, Jul 1
Private values are the last reported round; they can be stale. Listed values are market value. Bars start at zero.
Every round, and what its terms give away.
Dotmatics is private, so there is no share price. What its investors paid, and on what terms, is the closest thing to one.
- $5.10B
- latest valuation, Acquired by Siemens Jul 1
- $300M
- annual revenue, as of Apr 2
- 800
- employees, as reported
Siemens expected over $300M for its fiscal 2025, mid-teens growth and an adjusted EBITDA margin above 40%. Siemens does not report Dotmatics separately.
Siemens release, Apr 2, 2025- Jul 1Acquired by Siemens$5.10B at $5.10BLed by Siemens AG (ETR:SIE). About 100% of the company, if all new sharesEnterprise value. Bought from Insight Partners; Siemens said it would fund the deal mainly by selling shares in listed companies, including Siemens Healthineers.Siemens release, Jul 1, 2025; Siemens release, Apr 2, 2025
- Mar 23Insightful Science agrees to buy DotmaticsLed by Insightful Science (Insight Partners portfolio company)Price not disclosed. Combined company had well over $100M of ARR and took the Dotmatics name in 2022. Insight first invested in 2017 (GraphPad).Insightful Science and Dotmatics release via Cambridge Network, Mar 23, 2021; Dotmatics release, Apr 2, 2025
- Sale price vs the last private priceNo earlier valuation of Dotmatics or Insightful Science was published, so we cannot say how $5.1B compares. Insight held it from 2017 and made 14 acquisitions.Dotmatics release, Apr 2, 2025Open
- Did the deal close as signed?Yes, and early. Signed Apr 2, 2025 with closing expected in the first half of Siemens fiscal 2026; it closed Jul 1, 2025 at the same $5.1B.Siemens release, Jul 1, 2025; Siemens release, Apr 2, 2025Clear
- Outside buyer or insiders?Outside buyer. Siemens, a listed industrial company, bought all of it from Insight Partners.Siemens release, Jul 1, 2025Clear
- Leadership changes since the saleThomas Swalla, CEO through the sale, has been replaced by Brian Lee. Siemens calls Dotmatics the nucleus of a new life sciences division.Siemens Digital Industries Software blog, Apr 29, 2026Flag
- Employee liquiditySiemens paid for the whole company, so private shares are gone. How staff options were paid out, and any Siemens stock plans now offered, are not public.Siemens release, Jul 1, 2025Open
- Layoffs in the last 12 monthsNo Dotmatics layoff announcement found in news searched Nov 3, 2026. Siemens is integrating Altair and Dotmatics and cites cost discipline.Siemens Q4 FY2025 call transcript via Investing.com, Nov 13, 2025Open
Clear: checked, nothing found. Flag: found, with the source. Open: could not be checked.
Acquired by Siemens AG (ETR:SIE), Jul 1, 2025
What the record says, and what we think it means.
The fact is the source's. The read, in italics, is ours.
- 01Neutral
Now part of Siemens.
Siemens release, Jul 1, 2025Siemens closed the $5.1B purchase on Jul 1, 2025. Dotmatics sits in Siemens Digital Industries Software, beside its factory design and simulation software.
Joining means a big-company owner, not a startup exit path. Any equity is now Siemens stock, if offered at all.
- 02Watch
A new CEO after the sale.
Siemens Digital Industries Software blog, Apr 29, 2026Brian Lee leads Dotmatics, per a Siemens blog in April 2026. Thomas Swalla had been CEO since 2021 and through the sale.
Leadership turnover after a buyout is common. Watch for changes in strategy or teams below the CEO.
- 03Good
Closed months ahead of plan.
Siemens release, Jul 1, 2025; Siemens release, Apr 2, 2025Siemens expected closing in the first half of its fiscal 2026 (Oct 2025 to Mar 2026). It closed on Jul 1, 2025.
A fast regulatory path removed a long period of uncertainty for staff and customers.
- 04Watch
Siemens wants $500M a year more.
Siemens release, Jul 1, 2025Siemens targets about $100M a year of revenue synergies in the medium term and over $500M a year long term.
Big synergy targets usually bring pressure to cross-sell and reorganise. They are not a guarantee.
- 05Good
A mostly remote job board.
Dotmatics Greenhouse board, checked Nov 3, 202628 of 32 Greenhouse listings on Nov 3, 2026 are remote, across the US, UK, Ireland, Canada, India, Germany and Japan. Most are Luma sales and services roles.
Remote hiring looks intact under Siemens. The open roles lean to selling Luma, not building it.
- 06Neutral
Hiring for agentic AI in Boston.
Dotmatics Greenhouse board, checked Nov 3, 2026One of the few office-based roles is a Software Engineer, Agentic AI, in Boston.
AI product work may sit closer to headquarters than sales roles.
- 07Good
Luma on the Databricks Marketplace.
Dotmatics release via Yahoo Finance, Oct 6, 2026On Oct 6, 2026 Luma reached Gold tier in the Databricks partner network and was listed on its marketplace, expanding a Dec 2024 partnership.
A new route to large pharma buyers who already run their data on Databricks.
- 08Neutral
Built by buying companies.
Dotmatics release, Apr 2, 2025; PR Newswire listUnder Insight, Dotmatics made 14 acquisitions, including SnapGene, Geneious, LabArchives and Protein Metrics; it bought Virscidian and EasyPanel in 2024.
Many products from different teams. Integration work is likely to continue under Siemens.
What the hiring data says.
We save every company's roles, pay by team and level, AI share and churn every day, so each month this page can say more. Sparklines use their own scale.
Can AI agents do business with Dotmatics?
We checked the agent payment programs, developer docs and site rules an AI assistant would meet.
Open to agents. Luma Agent connects to outside AI over MCP, and the site has an llms.txt.
Still Remote read- YesAn MCP connection agents can useLuma Agent accepts outside models such as Claude and ChatGPT over MCP to query results, fetch protocols, run calculations and build schemas. Data changes need human approval.Dotmatics, May 13, 2026
- YesIts own AI agentLuma Agent, launched May 13, 2026, plans and runs multistep lab work from plain-language goals, with audit trails. Existing customers enable it through their account manager.Dotmatics, May 13, 2026
- YesListed in a data marketplaceLuma is on the Databricks Marketplace at Gold partner tier since Oct 6, 2026.Dotmatics release via Yahoo Finance, Oct 6, 2026
- YesSite AI tools can readdotmatics.com/llms.txt exists, about 5,000 characters, and notes the Siemens acquisition.checked Nov 3, 2026
- YesLets AI crawlers read its siterobots.txt has a single rule for all bots and names no AI crawlers. It blocks query strings, search, thank-you pages and apply paths.checked Nov 3, 2026
Where Dotmatics puts AI to work.
- 1Building agents in-houseDotmatics is hiring a Software Engineer, Agentic AI, in Boston, after launching Luma Agent in May 2026.Dotmatics Greenhouse board, checked Nov 3, 2026
- 2CEO: agents assist, scientists decideBrian Lee says Luma agents can suggest next steps in an experiment, but he does not think agents can work alone yet.Siemens Digital Industries Software blog, Apr 29, 2026
More listings than on Sep 23, most of them in sales.
What has to be true for $5.1 billion to hold?
The starting revenue is Dotmatics's own reported figure. A way to think, not a forecast, and not investment advice.
At 17x, Dotmatics needs $300 million of revenue to be worth $5.1 billion. Your world gets there with $588 million, so the next round likely prices above the last.
$100,000 of equity valued at the $5.10B Acquired by Siemens price would be worth about $196,000 on paper in this world, before dilution from new rounds, taxes and vesting. Private shares only turn into cash at a sale, an IPO or a tender offer.
A way to think, not a forecast, and not investment advice.
Siemens release, Jul 1, 2025; Siemens release, Apr 2, 2025The signals, and which way they push.
- TailwindDrug makers want AI on clean lab data.
Siemens bought Dotmatics to support AI-driven drug development and says it adds about $11B to its addressable software market.
- TailwindSiemens rates life sciences a growth vertical.
On its Nov 2025 call Siemens put expected life science market growth at 9% a year over five years.
- HeadwindInside a large integration program.
Siemens says its software arm is focused on integrating Altair and Dotmatics for synergies and productivity.
- HeadwindWell-funded rivals in lab software.
Benchling raised at $6.1B in 2021, and listed firms like Dassault Systemes and Revvity sell competing lab platforms.
Where Dotmatics ends up, if we had to bet.
Our calls, not facts. Each one is tied to something that already happened, so you can judge the reasoning.
- 1
Dotmatics is listed on its own or spun out of Siemens by 2031.
Long shot 16%IPOSiemens paid $5.1B in 2025 and made it the core of a new life sciences division. Owners rarely sell such a fresh strategic buy.
Siemens Digital Industries Software blog, Apr 29, 2026 - 2
Siemens buys more life sciences software to add to Dotmatics by 2031.
Likely 72%M&ADotmatics grew through 14 acquisitions under Insight. Siemens has a long record of buying software to fill product gaps.
Dotmatics release, Apr 2, 2025 - 3
The Dotmatics name gives way to a Siemens life sciences brand by 2031.
Coin flip 50%ProductIt is already called the nucleus of a Siemens life sciences division. Product brands like Prism and SnapGene would likely stay.
Siemens Digital Industries Software blog, Apr 29, 2026 - 4
Most Luma customers use its agent, often through outside models, by 2031.
Likely 72%AILuma Agent launched in 2026 with MCP access for Claude and ChatGPT. Siemens is pitching AI across its software.
Dotmatics, May 13, 2026 - 5
Dotmatics is the top lab data platform for large pharma by 2031.
Coin flip 50%CompetitionIt has 14,000 customers and Siemens behind it. Benchling, Dassault and Revvity compete for the same buyers.
Siemens release, Apr 2, 2025
Read by the Still Remote research agent on November 4, 2026 from the sources linked on this page. Facts and scenarios only, not investment advice.