About Cresset
Cresset is a company based in Cambridge (United Kingdom) founded in 2002.. Cresset has raised $297.86 thousand across 8 funding rounds from investors including Gov.uk, European Union and Scottish Equity Partners. The company has 46 employees as of March 31, 2022. Cresset offers products and services including Flare, Spark, Blaze, and Torx DMTA. Cresset operates in a competitive market with competitors including Aqemia, NTxBio, Applied BioMath, Nimble Therapeutics and Enveda, among others.
- Headquarter Cambridge, United Kingdom
- Employees 46 as on 31 Mar, 2022
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Cresset Biomolecular Discovery Limited
- Date of Incorporation 31 Jan, 2001
- Jurisdiction LITLINGTON, CAMBRIDGESHIRE
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$297.86 K (USD)
in 8 rounds
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Latest Funding Round
$297.86 K (USD), Seed
Sep 12, 2022
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Investors
Gov.uk
& 2 more
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Employee Count
46
as on Mar 31, 2022
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Products & Services of Cresset
Cresset offers a comprehensive portfolio of products and services, including Flare, Spark, Blaze, and Torx DMTA. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Ligand-based and structure-based tool for agile drug discovery.
Generates innovative ideas for molecular design projects.
Increases hit rates in ligand-based virtual screening.
Manages molecule design and synthesis workflows.
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Funding Insights of Cresset
Cresset has successfully raised a total of $297.86K across 8 strategic funding rounds. The most recent funding activity was a Seed round of $297.86 thousand completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Seed — $297,860
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Seed - Cresset | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Cresset | Valuation |
investors |
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| Sep, 2020 | Amount | Seed - Cresset | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cresset
Cresset has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Gov.uk, European Union and Scottish Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on tech companies
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Online government services and information are provided to users.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cresset
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cresset
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cresset Comparisons
Competitors of Cresset
Cresset operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aqemia, NTxBio, Applied BioMath, Nimble Therapeutics and Enveda, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Therapeutic molecules are discovered through AI and quantum physics integration.
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| domain | founded_year | HQ Location |
Provider of bio informatics platform to develops biologics and therapeutics
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| domain | founded_year | HQ Location |
Systems biology and pharmacology modeling services to aid drug discovery and development
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| domain | founded_year | HQ Location |
Combinatorial chemistry services for peptide-based drug discovery are provided.
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| domain | founded_year | HQ Location |
Provider of AI-based platform to decipher the chemistry of nature and develop new medicines
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| domain | founded_year | HQ Location |
Precision medicines for immune-mediated inflammatory diseases are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cresset
Frequently Asked Questions about Cresset
When was Cresset founded?
Cresset was founded in 2002 and raised its 1st funding round 9 years after it was founded.
Where is Cresset located?
Cresset is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Who is the current CEO of Cresset?
Robert Scoffin is the current CEO of Cresset.
Is Cresset a funded company?
Cresset is a funded company, having raised a total of $297.86K across 8 funding rounds to date.
How many employees does Cresset have?
As of Mar 31, 2022, the latest employee count at Cresset is 46.
What does Cresset do?
Founded in 2002 and headquartered in Cambridge, United Kingdom, Cresset operates in the computational chemistry sector. Software solutions are offered that employ algorithms emphasizing ligand biological activity over chemical similarity to forecast structure-activity relationships. Five suites are available: Torch for molecular design, Spark for moiety replacements, Forge for SAR exploration, Blaze for library screening, and XedTools with XED force field integration. Drug discovery services are additionally provided.
Who are the top competitors of Cresset?
What products or services does Cresset offer?
Cresset offers Flare, Spark, Blaze, and Torx DMTA.
Who are Cresset's investors?
Cresset has 3 investors. Key investors include Gov.uk, European Union, and Scottish Equity Partners.
What is Cresset's valuation?
The valuation of Cresset is $905.52K as of Sep 2022.
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