About Rowan
Rowan is a company based in Boston (United States) founded in 2023. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Rowan has raised $2.17 million across 1 funding round from investors including Pillar VC and AI Grant. Rowan offers products and services including Molecular Design Platform, Drug Discovery Tools, and Materials Science Simulations. Rowan operates in a competitive market with competitors including PhaseCraft, PASQAL, HQS Quantum Simulations, BosonQ Psi and Good Chemistry, among others.
- Headquarter Boston, United States
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Sectors
Chemicals & Materials
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rowan Scientific Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.17 M (USD)
in 1 rounds
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Latest Funding Round
$2.17 M (USD), Seed
Jun 03, 2024
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Investors
Pillar VC
& 1 more
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Employee Count
Employee Count
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Products & Services of Rowan
Rowan offers a comprehensive portfolio of products and services, including Molecular Design Platform, Drug Discovery Tools, and Materials Science Simulations. 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.
A platform for molecular design and simulation tools.
Tools for drug discovery and molecular optimization.
Simulation tools for materials science and catalysis.
Funding Insights of Rowan
Rowan has successfully raised a total of $2.17M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.17 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 Funding
- Total Rounds 1
- Last Round Seed — $2.2M
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First Round
First Round
(03 Jun 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - Rowan | Valuation |
investors |
| 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 Rowan
Rowan has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Pillar VC and AI Grant. 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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Early-stage centric tech-focused VC firm investing in the US
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Founded Year | Domain | Location | |
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Grants are offered for open source AI projects.
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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 Rowan
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Rowan
| 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 |
Rowan Comparisons
Competitors of Rowan
Rowan 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 PhaseCraft, PASQAL, HQS Quantum Simulations, BosonQ Psi and Good Chemistry, 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 |
Quantum simulation systems are provided for materials and chemical reactions.
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| domain | founded_year | HQ Location |
Developer of neutral atom quantum computers, offering hardware, cloud access, and software.
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| domain | founded_year | HQ Location |
Quantum simulation software for chemical and pharmaceutical sectors is provided.
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| domain | founded_year | HQ Location |
Provides quantum algorithms for faster simulations in aerospace and defense sectors.
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| domain | founded_year | HQ Location |
AI and cloud-powered quantum simulations for chemicals are provided.
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| domain | founded_year | HQ Location |
AI-powered quantum simulation platform is developed for material discovery.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Rowan
When was Rowan founded?
Rowan was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Rowan located?
Rowan is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Rowan a funded company?
Rowan is a funded company, having raised a total of $2.17M across 1 funding round to date. The company's 1st funding round was a Seed of $2.17M, raised on Jun 03, 2024.
What does Rowan do?
A modern computational platform is offered by Rowan for chemical research and development. Tools for molecular design and simulation are provided to scientists in drug discovery and materials science. Acceleration of research is facilitated to help find better molecules faster. Solutions include property prediction, conformer searching, and protein-ligand modeling. Sectors such as biotechnology and computational chemistry are served with advanced neural network potentials and physics-based methods.
Who are the top competitors of Rowan?
Rowan's top competitors include HQS Quantum Simulations, PASQAL and PhaseCraft.
What products or services does Rowan offer?
Rowan offers Molecular Design Platform, Drug Discovery Tools, and Materials Science Simulations.