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Deep Genomics
Deep Genomics is using artificial intelligence to build a new universe of life-saving genetic therapies
About Deep Genomics
Deep Genomics is a pioneering startup operating in the biotechnology sector, specifically in the field of drug development. The company uses artificial intelligence (AI) to unravel the complexities of RNA biology and identify potential therapeutic candidates for a range of genetic conditions. Its primary offering is the AI Workbench, a proprietary tool that uses data-driven prediction to identify novel targets for drug development.
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Deep Genomics serves a broad range of clients, including pharmaceutical companies, research institutions, and healthcare providers. The company operates in the rapidly growing market of AI-driven drug discovery, which is expected to revolutionize the pharmaceutical industry.
The business model of Deep Genomics is based on the development and licensing of its AI Workbench. The company generates revenue by identifying leads for novel drug targets and developing potential therapies. These are then either pursued internally or licensed to partners for further development and commercialization.
In 2018, the company's AI Workbench identified its first targets where RNA splicing was the defect. The updated version, AI Workbench 2.0, released in 2020, expanded the number of mechanisms for increased expression. The company is currently developing AI Workbench 3.0, which will further increase the number of mechanisms and genetic variants it can target, including more complex genetic diseases.
In summary, Deep Genomics is a cutting-edge biotech startup that uses AI to accelerate drug discovery and development. Its innovative approach has the potential to transform the pharmaceutical industry and improve treatment options for patients with genetic conditions.
At a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- Toronto, Canada
- Employees
- 110
- Open positions
- 4
- Dealroom signal
- 90.3/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Testing, Analytics, Biotechnology, Drug Development, DNA, Vaccines
- Technology
- Artificial Intelligence, Deep Tech, Machine Learning
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Jul 2021 | $180M | $720M | Khosla Ventures · Alexandria Venture Investments · Amplitude Ventures · Magnetic Ventures | ↗ |
| SERIES BOther financing | Jan 2020 | $40M | $160M | True Ventures · Khosla Ventures · Future Ventures · Magnetic Ventures | ↗ |
Growth signals
Latest recorded traffic for Deep Genomics is 8.2K monthly website visits, down 25.5% over the last three months. Deep Genomics's team grew 10% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
UTEST, University of Toronto
True Ventures
Bloomberg Beta
11.2 Capital
Series A3 investors entered at this stage
Khosla Ventures
Future Ventures
Magnetic Ventures
Series B and later6 investors entered at this stage
SoftBank
Alexandria Venture Investments
Amplitude Ventures
Fidelity Investments
CPP Investments
SoftBank Vision Fund
Other known investors1 additional known investor
University of Toronto
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Deep Genomics on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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