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Life Sciences Series B Founded 2014

Envisagenics

Envisagenics is an AI-driven biotechnology company focused on the discovery and development of novel RNA splicing therapeutics. The company offers SpliceCore, a cloud-based platform that is experimentally validated to predict and prioritize RNA splicing events as therapeutic targets, using machine learning algorithms to analyze RNA sequencing data and identify disease-relevant splicing changes. The platform…

📍 Long Island City, United States · Genomics,

Funding snapshot

Last roundSeries B
Amount$25M
Date5 June 2024
Total raised$47M
Team size37

About

Envisagenics is an AI-driven biotechnology company focused on the discovery and development of novel RNA splicing therapeutics. The company offers SpliceCore, a cloud-based platform that is experimentally validated to predict and prioritize RNA splicing events as therapeutic targets, using machine learning algorithms to analyze RNA sequencing data and identify disease-relevant splicing changes. The platform integrates bioinformatics, AI, and biological expertise to accelerate drug discovery for conditions driven by RNA splicing errors, including cancer, neurodegenerative diseases, and rare genetic disorders. Envisagenics leverages its proprietary technology to identify new therapeutic targets and develop RNA-based drug candidates, partnering with pharmaceutical companies to advance precision medicine approaches. Founded in 2014 and headquartered in Long Island City, New York, Envisagenics has raised approximately $46.8 million in Series B funding from investors including SV Angel, Dolby Family Ventures, Dynamk Capital, The Cosine Group, and Third Kind Venture Capital.

Business model

Life Sciences Tech > Research & Development > Drug Discovery > Genomics > Sequencing Analysis,

Genomics > Enabling Technologies > Technology Platforms > RNA interference

Team background

College Wise > Technion Israel Institute Technology

Institutional investors

Third Kind Venture Capital Dolby Family Ventures ESD SV Angel Dynamk Capital The Cosine Group Cosine Accelerate Long Island Topspin Consumer Partners M12 Red Cell Partners Madrona New York State National Cancer Institute Bristol-Myers Squibb

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