Atomwise

Atomwise

AI-driven drug discovery platform

About

Atomwise operates in the pharmaceutical industry by using artificial intelligence (AI) to enhance drug discovery. The main product is an AI engine that employs machine learning and convolutional neural networks to analyze extensive chemical libraries. This technology allows Atomwise to identify new small molecule medicines more efficiently than traditional methods. Clients in the healthcare and pharmaceutical sectors seek Atomwise's services to find faster and more effective ways to develop new drugs. The company generates revenue by developing and co-developing drug candidates, which are then sold to pharmaceutical companies or healthcare providers. Atomwise stands out from competitors by combining AI and machine learning, which not only speeds up the drug discovery process but also aims to improve patient outcomes with more effective treatments. The goal of Atomwise is to transform the drug discovery landscape, making it more efficient and impactful for patients globally.

Company Stage

N/A

Employees

11-50

Industries

AI & Machine Learning, Biotechnology

Total Funding

$171.8M

Headquarters

San Francisco, California

Founded

2012


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Simplify's Take

What believers are saying

  • AI-driven drug repurposing opens new revenue streams for Atomwise.
  • Increased investment in AI healthcare offers more partnership opportunities for Atomwise.
  • Advancements in protein folding complement Atomwise's drug discovery efforts.

What critics are saying

  • Increased competition from companies like Insilico Medicine and Exscientia.
  • Regulatory hurdles could delay market entry for AI-developed drugs.
  • Dependence on venture capital funding poses financial risks if market conditions change.

What makes Atomwise unique

  • Atomwise uses AI to discover structurally novel chemical matter efficiently.
  • AtomNet technology unlocks more undruggable targets than any other AI platform.
  • Atomwise collaborates with over 250 partners globally, enhancing its drug discovery capabilities.

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Growth & Insights
Headcount

6 month growth

-26%

1 year growth

-36%

2 year growth

-50%

Benefits

Medical, dental, & vision

FSA

401k

Parental leave

Commuter benefits

Professional development

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