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Reverie Labs

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Reverie Labs (YC W18) optimizes potential medicines using machine learning

Cambridge, United StatesFounded 2017Biotech & Life Sciences
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Reverie Labs

Reverie Labs is a cutting-edge startup that leverages advanced computational tools to revolutionize the drug discovery process. The company operates in the pharmaceutical and biotechnology market, focusing on developing innovative cancer therapies. Reverie Labs serves pharmaceutical companies, biotech firms, and research institutions that are seeking efficient and effective solutions for drug development.

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The core business model of Reverie Labs revolves around using computational methods to enhance each stage of drug discovery. This includes utilizing machine learning, cheminformatics (the use of computer and informational techniques to solve chemical problems), and other advanced technologies to rapidly identify and optimize potential drug compounds. By doing so, they aim to address complex medicinal chemistry challenges and expedite the journey from initial discovery to clinical trials.

Reverie Labs generates revenue through strategic partnerships and collaborations with major pharmaceutical companies. For instance, they have a multi-target collaboration agreement with Roche and Genentech to develop next-generation kinase inhibitors, which are a type of cancer therapy. Additionally, they have secured significant funding from investors like Ridgeback Capital Investments, First Round Capital, and Y Combinator, which supports their ongoing research and development efforts.

The company's unique approach combines expertise from various scientific disciplines, including computer science, physics, biology, and chemistry. This interdisciplinary team works together to build state-of-the-art tools that can efficiently search chemical space for therapies with the optimal balance of medicinal properties, particularly for challenging cancer types.

In summary, Reverie Labs is at the forefront of computational drug discovery, providing innovative solutions to accelerate the development of new cancer therapies. Their business model is built on strategic partnerships and leveraging advanced technology to solve complex medicinal problems.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2017
Headquarters
Cambridge, United States
Employees
4
Open positions
None listed
Dealroom signal
63.7/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Predictive Analytics, Biotechnology, Oncology, Drug Development, Neurology, Core AI
Technology
Artificial Intelligence, Big Data, Deep Tech, Machine Learning, Nanotech
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Feb 2024 $0 — Ginkgo Bioworks ↗
SERIES A✓Equity / VC Feb 2021 $25M $100M First Round Capital · Y Combinator · Ridgeback Capital · Neo vc —
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Growth signals

Reverie Labs website traffic

Latest recorded traffic for Reverie Labs is 1.5K monthly website visits, up 183% over the last three months. Reverie Labs's team declined 69.2% over the past year.

Latest monthly visits1.5K 3-month web change+183% 1-year team growth-69.2%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

15 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A3 investors entered at this stage

Other known investors11 additional known investors

Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Reverie Labs on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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