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Reverie Labs
Reverie Labs (YC W18) optimizes potential medicines using machine learning
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.
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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Feb 2024 | $0 | — | Ginkgo Bioworks | ↗ |
| SERIES A✓Equity / VC | Feb 2021 | $25M | $100M | First Round Capital · Y Combinator · Ridgeback Capital · Neo vc | — |
Growth signals
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.
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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.
Seed1 investor entered at this stage
Series A3 investors entered at this stage
Ridgeback Capital
First Round Capital
Neo vc
Other known investors11 additional known investors
Bossa Invest
Ginkgo Bioworks
BoxGroup
Dorm Room Fund
Duro
Harsh Patel
Lifeforce Capital
Ruvento
Soma Capital
UpHonest Capital
Wireframe Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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