Persist AI

About:

Persist AI is a biotechnology company that builds long-acting microsphere formulations.

Website: https://www.persist-ai.com

Top Investors: Y Combinator, Pioneer Fund, Innospark Ventures, Fellows Fund, 2048 Ventures

Description:

Persist assist pharmaceutical companies in developing long-acting formulations 50% faster. Because the formulation development process is manual and relies on scientific intuition, it takes a pharmaceutical company 5-10 years to develop a long acting formulation for a drug. This effort is divided into five years of pre-clinical development and five years of clinical testing. Their goal is to use machine learning and automation to reduce the time required for pre-clinical formulation development to three months, making the formulation development process 50% faster.

Total Funding Amount:

$4.5M

Headquarters Location:

Woodland, California, United States

Founded Date:

2022-01-01

Contact Email:

info(AT)persist-ai.com

Founders:

Christopher Shelner, Karthik Raman

Number of Employees:

11-50

Last Funding Date:

2023-04-12

IPO Status:

Private

Industries:

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