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 goal of Citrine Informatics is to help organizations accelerate their innovation cycles and achieve superior results in their R&D efforts.

Company Stage

Series C

Employees

51-200

Industries

Industrial & Manufacturing, Enterprise Software, AI & Machine Learning

Total Funding

$66.9M

Headquarters

N/A

Founded

2013


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Simplify's Take

What believers are saying

  • Partnerships with industry leaders like Sion Power and Electroninks highlight Citrine's role in pioneering AI-assisted R&D.
  • The recent $16M Series C funding round positions Citrine for accelerated growth and technological advancements.
  • The appointment of experienced executives like Scott Carlyle and Rahim Lakhani strengthens Citrine's leadership team, enhancing its strategic direction and operational efficiency.

What critics are saying

  • The niche focus on materials and chemicals R&D may limit market size and scalability compared to broader AI applications.
  • Integration of AI solutions into traditional R&D processes can face resistance, potentially slowing adoption rates.

What makes Citrine Informatics unique

  • Citrine Informatics leverages AI to specifically target the advanced materials and chemicals R&D sector, unlike broader AI platforms.
  • Their suite of tools, including Citrine DataManager and Citrine VirtualLab, offers specialized data management and simulation capabilities tailored for materials science.
  • The company's focus on AI-driven materials informatics provides a unique value proposition in accelerating innovation cycles and optimizing product development.

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Growth & Insights
Headcount

6 month growth

-16%

1 year growth

-12%

2 year growth

-30%

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