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1DegreeBio doubled staff over the summer, expands office, closes funding round

It has been, 1DegreeBio founder and CEO Alex Hodgson says, a busy summer.

"We closed a funding round in early July, we've hired new hands and moved to new offices," Hodgson tells Yonge Street. Amid the flurry of growth activity, the medical research database startup has also been redesigning the front and back ends of its website and adding new products.

Hodgson says that over the summer, the size of her staff has more than doubled, from four full-time employees to nine, with one more new position about to be added. She says the hiring itself has been a delicate process--so many new staff at a small startup company can dramatically affect the culture. However, she says she's confident she's found the right people.

Where to put them all has been another challenge. The company recently moved into a new 725-square-foot office space in a former U of T science building on College Street, an almost literal stone's throw from the lab where the 1DegreeBio was founded. "The space is so perfectly suited to our company," she says, "we've recycled the old science equipment into office furniture." And just months after moving in, the company is already expanding, negotiating the addition of another 500-square-feet of space to accommodate more contract staff as the company grows. 

Writer: Edward Keenan
Source: Alex Hodgson, CEO, 1DegreeBio
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