Citrine Informatics

Citrine Informatics

AI-driven platform for materials R&D

About

Citrine Informatics provides a software platform that uses artificial intelligence to assist in materials and chemicals research and development. Their main products include Citrine DataManager, which helps manage materials data, Citrine VirtualLab, which simulates and predicts material properties, and Citrine Catalyst, which optimizes R&D processes. These tools enable clients, such as product developers and materials engineers, to make better use of their data, leading to faster innovation and improved product performance. Unlike many competitors, Citrine focuses specifically on the advanced materials and chemicals sector, offering tailored solutions that enhance efficiency in product development. The company's goal is to help organizations accelerate their innovation cycles and achieve better outcomes through effective use of their materials data.

Company Stage

Series C

Employees

51-200

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$66.9M

Headquarters

Redwood City, California

Founded

2013


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Simplify's Take

What believers are saying

  • Citrine's partnership with Sion Power accelerates battery technology development.
  • The appointment of Scott Carlyle enhances Citrine's sales and customer engagement strategy.
  • Citrine's $16M Series C funding boosts its AI-driven platform development.

What critics are saying

  • Emerging AI-driven platforms could erode Citrine's market share.
  • Rapid AI advancements may require significant investment to maintain competitiveness.
  • Economic downturns could reduce spending on R&D platforms like Citrine's.

What makes Citrine Informatics unique

  • Citrine Informatics specializes in AI-driven materials and chemicals R&D.
  • Their platform includes tools like Citrine DataManager and Citrine VirtualLab.
  • Citrine's AI platform accelerates innovation cycles and optimizes product development.

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Growth & Insights
Headcount

6 month growth

-18%

1 year growth

-11%

2 year growth

-31%

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