About VeriSIM Life
VeriSIM Life is a company based in San Francisco (United States) founded in 2017 by Jyotika Varshney.. VeriSIM Life has raised $21.4 million across 6 funding rounds from investors including NIH, Debiopharm and HHS. The company has 13 employees as of December 31, 2021. VeriSIM Life has completed 1 acquisition, including Molomics. VeriSIM Life offers products and services including BIOiSIM and AtlasGEN. VeriSIM Life operates in a competitive market with competitors including Owkin, Formation Bio, AbSci, BigHat and Predictive Oncology, among others.
- Headquarter San Francisco, United States
- Employees 13 as on 31 Dec, 2021
- Founders Jyotika Varshney
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Verisim Life, Inc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of VeriSIM Life
VeriSIM Life offers a comprehensive portfolio of products and services, including BIOiSIM and AtlasGEN. 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.
Platform for predicting drug outcomes and optimizing clinical trials
Generates and evaluates new drug molecules for safety and efficacy
Unlock access to complete
Unlock access to complete
Funding Insights of VeriSIM Life
VeriSIM Life has successfully raised a total of $21.4M across 6 strategic funding rounds. 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 6
- Last Round Last Round
-
First Round
First Round
(26 Feb 2018)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Grant - VeriSIM Life | Valuation |
investors |
|
| Apr, 2022 | Amount | Grant - VeriSIM Life | Valuation |
investors |
|
| Jan, 2022 | Amount | Series A - VeriSIM Life | Valuation | Morpheus Ventures |
| 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 VeriSIM Life
VeriSIM Life has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include NIH, Debiopharm and HHS. 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 |
|---|---|---|---|---|
|
Early-stage technology investments are managed by Morpheus Ventures.
|
Founded Year | Domain | Location | |
|
Seed and early-stage US venture capital investments are managed.
|
Founded Year | Domain | Location | |
|
Investment in technology startups focusing on compute, AI, and related innovations.
|
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 VeriSIM Life
VeriSIM Life has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Molomics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Mobile game-based drug design platform
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - VeriSIM Life
| 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 |
Verisim Life Comparisons
Competitors of VeriSIM Life
VeriSIM Life 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 Owkin, Formation Bio, AbSci, BigHat and Predictive Oncology, 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 |
An agentic AI platform is developed for biomedical research insights.
|
|
| domain | founded_year | HQ Location |
AI-powered drug discovery platform for various diseases
|
|
| domain | founded_year | HQ Location |
AI-based technology is used for recombinant protein production in therapeutics.
|
|
| domain | founded_year | HQ Location |
Antibody therapies are developed through machine learning and synthetic biology.
|
|
| domain | founded_year | HQ Location |
AI-based platform for cancer diagnostics and precision medicine is utilized.
|
|
| domain | founded_year | HQ Location |
AI platform used for extracting antibody data from scientific papers.
|
| 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 Verisim Life
Frequently Asked Questions about VeriSIM Life
When was VeriSIM Life founded?
VeriSIM Life was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is VeriSIM Life located?
VeriSIM Life is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of VeriSIM Life?
Jyotika Varshney is the current CEO of VeriSIM Life. They have also founded this company.
Is VeriSIM Life a funded company?
VeriSIM Life is a funded company, having raised a total of $21.4M across 6 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Feb 26, 2018.
How many employees does VeriSIM Life have?
As of Dec 31, 2021, the latest employee count at VeriSIM Life is 13.
What does VeriSIM Life do?
VeriSIM Life was founded in 2017 in San Francisco, United States, within the biotech software sector. AI-driven biosimulation models are provided to pharmaceutical companies for predicting drug interactions in animal models. Multiple drugs can be evaluated for in vivo properties through the software, which supports cost reduction and alternatives to physical animal testing in the drug development pipeline.
Who are the top competitors of VeriSIM Life?
VeriSIM Life's top competitors include Owkin, Formation Bio and XtalPi.
What products or services does VeriSIM Life offer?
VeriSIM Life offers BIOiSIM and AtlasGEN.
How many acquisitions has VeriSIM Life made?
VeriSIM Life has made 1 acquisition, including Molomics.
Who are VeriSIM Life's investors?
VeriSIM Life has 14 investors. Key investors include NIH, Debiopharm, HHS, Colorcon, and Morpheus Ventures.