Envisagenics

Long Island City, United States Founded: 2014 • Age: 12 yrs
RNA splicing therapeutics are discovered and developed through AI-driven biotechnology.
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About Envisagenics

Envisagenics is a company based in Long Island City (United States) founded in 2014 by Martin Akerman and Maria Luisa Pineda.. Envisagenics has raised $46.78 million across 9 funding rounds from investors including New York State, HHS and Bristol-Myers Squibb. Envisagenics offers products and services including SpliceCore and SpliceIO. Envisagenics operates in a competitive market with competitors including Genomics, Seven Bridges Genomics, Dicerna Pharmaceuticals, Depixus and Ingenuity Systems, among others.

  • Headquarter Long Island City, United States
  • Founders Martin Akerman, Maria Luisa Pineda
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $46.78 M (USD)

    in 9 rounds

  • Latest Funding Round
    $25 M (USD), Series B

    Jun 05, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Envisagenics

Envisagenics offers a comprehensive portfolio of products and services, including SpliceCore and SpliceIO. 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.

Primary

AI tool for discovering RNA splicing drug targets

Identifies tumor-specific neoepitopes for therapies

People of Envisagenics
Headcount 10-50
Employee Profiles 19
Board Members and Advisors 4
Employee Profiles
People
Hasan Ekrem Zumrut
Research Scientist
People
Sudhir Rao
Chief Business Officer
People
Matthew Hamlyn
Operations & Marketing Coordinator
People
Sakshi Gera
Senior Research Scientist

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Board Members and Advisors
people
Sudhir Agrawal
Scientific Advisor
people
Omar I. Abdel-Wahab
Scientific Advisor
people
Michael Q Zhang
Scientific Advisor
people
Michael Grissinger
Business Advisor

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Funding Insights of Envisagenics

Envisagenics has successfully raised a total of $46.78M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in June 2024. 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 Rounds 9
  • Last Round Series B — $25.0M
  • First Round

    (27 Jul 2015)

  • Investors Count 16
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Series B - Envisagenics Valuation Third Kind Venture Capital , New York State
Jul, 2022 Amount Grant - Envisagenics Valuation

investors

HHS
Sep, 2021 Amount Series A - Envisagenics Valuation Red Cell Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Envisagenics

Envisagenics has secured backing from 16 investors, including institutional and venture fund investors. Prominent investors backing the company include New York State, HHS and Bristol-Myers Squibb. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Technology companies are incubated by Red Cell Partners for critical sectors.
Founded Year Domain Location
Venture capital investments in technology startups are facilitated by M12.
Founded Year Domain Location
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Envisagenics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Envisagenics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Envisagenics Comparisons

Employees
+
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Competitors of Envisagenics

Envisagenics 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 Genomics, Seven Bridges Genomics, Dicerna Pharmaceuticals, Depixus and Ingenuity Systems, 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
Genomic risk assessment and prevention platform is provided.
domain founded_year HQ Location
Cloud-based platform to analyze, store, and act on genomic data.
domain founded_year HQ Location
Drugs are developed using RNA interference technology platform.
domain founded_year HQ Location
Single-molecule genetic and epigenetic sequencing solutions are provided.
domain founded_year HQ Location
Genomic data is analyzed and interpreted via web-based applications.
domain founded_year HQ Location
RNAi therapeutics are developed for dermal, ophthalmic, and pulmonary diseases.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Envisagenics

Frequently Asked Questions about Envisagenics

When was Envisagenics founded?

Envisagenics was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Envisagenics located?

Envisagenics is headquartered in Long Island City, United States. It is registered at Long Island City, New York, United States.

Who is the current CEO of Envisagenics?

Maria Luisa Pineda is the current CEO of Envisagenics. They have also founded this company.

Is Envisagenics a funded company?

Envisagenics is a funded company, having raised a total of $46.78M across 9 funding rounds to date. The company's 1st funding round was a Series A of $19.18M, raised on Jul 27, 2015.

What does Envisagenics do?

Envisagenics was founded in 2014 and is based in Long Island City, United States. Operations center on the biotechnology sector, where novel RNA splicing therapeutics are discovered and developed using artificial intelligence. A cloud-based platform called SpliceCore is provided, which has been experimentally validated to predict drug targets and biomarkers via splicing analysis of RNA-seq data.

Who are the top competitors of Envisagenics?

Envisagenics's top competitors include Dicerna Pharmaceuticals, Eagle Genomics and Orna.

What products or services does Envisagenics offer?

Envisagenics offers SpliceCore and SpliceIO.

Who are Envisagenics's investors?

Envisagenics has 16 investors. Key investors include New York State, HHS, Bristol-Myers Squibb, National Cancer Institute, and Red Cell Partners.

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