New “First” Program: Six Months of Free Lab Space for Eligible First-Time Biotech Founders >
Unlocking Procurement
Procurement doesn't make headlines, but it's an unsung hero in powering breakthroughs. It's what keeps your experiments running and your focus on the work that changes lives.
LabCentral's procurement team (and our purchasing platform, The Stork) turns what’s usually invisible into a visible advantage, backed by experience, scale, and a shared mission to help you move faster.
Founders who’d normally need an FTE for accounting and purchasing get back hours every week to focus on breakthroughs.
One system, one invoice, one team managing your entire purchasing lifecycle.
Access exclusive sponsor and vendor discounts—up to 45% off products, waived or discounted shipping, new-lab startup programs, and graduation bonuses. Many of these benefits come from both sponsors and non-sponsor vendors.
As you grow, we grow with you; more users, more orders, expanded vendor relationships, no extra overhead.
From vendor setup to invoice payment, our team manages the full purchasing lifecycle—so nothing falls through the cracks.
No more chasing lost shipments or reconciling invoices. You’ll also receive one clean monthly lab-supply invoice prepared by our accounting team, with an easy-to-read summary cover page and a detailed Excel sheet with every line item.
Order from 3,800+ approved vendors or request new ones. All under LabCentral’s established accounts and credit.
Our services are powered by years of collective institutional experience from LabCentral’s community—refined processes, preferred vendors, and the practical wisdom of hundreds of startups before you.
FAQs
The Stork is LabCentral’s easy-to-use purchasing platform. It supports browsing, purchasing, invoice management, and reporting — giving biotech startups a complete system for lab operations and order management.
Yes. You can order from any vendor through LabCentral’s procurement platform, The Stork. If they’re not already integrated, our team will set them up for you.
There is a line item fee associated with the services that keep your purchasing process seamless. These services include full operational support, accounting, and system management.
Absolutely. You choose what to order and when. LabCentral’s procurement and accounting team simply handles the administrative and financial details.
We help you close open purchase orders and provide your full order history, vendor contacts, and a credit reference to make it easy to set up procurement at your next lab space.
Most incubators and leased labs don’t offer centralized purchasing. Each company sets up its own system, which can mean extra administrative time and burden on your team, including account creation, PO processing, and invoice payments.
At LabCentral, everyone uses the same centralized system, so residents can easily share knowledge, learn from each other, and access on-site support from a procurement team that’s right down the hall.
Procurement may not be top-of-mind, but it’s foundational.
It’s how you scale smoothly, keep costs predictable, and focus on the science that moves the world forward. At LabCentral, we make it effortless.
Contact Tim Jarrett, Director of Lab Operations and Resident Success, to learn how LabCentral’s procurement services can support your team.
