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Empirico
Huge biological datasets, human genetics, and programmable biology to power novel target discovery and development
About Empirico
Empirico is a biotechnology startup that leverages human genetics to develop new medicines. The company operates in the pharmaceutical industry, serving clients that include healthcare providers and patients in need of novel therapeutic interventions. Empirico's business model is centered around the use of large biological datasets, human genetics, and programmable biology to discover and develop new drug targets.
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The company's team of physicians, biologists, chemists, data scientists, and drug developers work together to understand the role of genes and proteins in health and disease. They do this by analyzing genetic data and health information from millions of individuals. This approach, which the company refers to as "leveraging experiments of nature," is aimed at improving the success rate of pharmaceutical discovery and development.
Empirico's Precision Insights Platform™ is a key part of its operations. This platform, which was specifically built for target discovery, combines expert data curation, customized data models, and proprietary algorithms. It allows the company's scientists to generate, interrogate, and prioritize high-confidence therapeutic hypotheses. The platform is built on vast amounts of data from thousands of studies and millions of individuals, making it one of the largest datasets of its kind in the world.
The company also works with partners and collaborators, such as AbCellera, to validate therapeutic hypotheses and find the best approach to translate them into therapeutic targets. This involves conducting experiments to understand how genetic variation impacts disease risk and how a therapeutic modality could be programmed to mimic or interfere with that mechanism.
In terms of revenue, Empirico likely makes money through the development and sale of new drugs, as well as through strategic partnerships and collaborations.
At a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- San Diego, United States
- Employees
- 79
- Open positions
- None listed
- Dealroom signal
- 76.6/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Drug Development, DNA, Genetics and genomics, Core AI, Tech for Biotech and Pharma, Biotech and Pharma
- Technology
- Artificial Intelligence, Deep Tech
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Mar 2023 | $45M | $181M | Undisclosed | ↗ |
| SERIES AOther financing | Jan 2020 | $17M | $68M | DCVC · Ionis Pharmaceuticals | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Empirico is 3.6K monthly website visits, up 63.6% over the last three months. Empirico's team grew 2.6% over the past year.
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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.
Series A2 investors entered at this stage
Ionis Pharmaceuticals
DCVC
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Empirico 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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