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Industries
AI & Machine Learning
Biotechnology
Company Size
11-50
Company Stage
Series A
Total Funding
$58.4M
Headquarters
New York City, New York
Founded
2021
Company Does Not Provide H1B Sponsorship
TandemAI enhances the drug discovery process by providing a web-based platform called TandemViz, which offers advanced computational tools for pre-clinical research. These tools use physics-based molecular simulations and artificial intelligence to visualize drug-protein interactions and analyze large datasets for insights on drug efficacy and safety. TandemAI differentiates itself from competitors by adopting a "Discovery as a Service" model, making their services accessible through subscription fees, which lowers barriers for researchers. The company's goal is to foster collaboration among scientists from various fields to improve the success rate of drug candidates and ultimately benefit patients.
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Total Funding
$58.4M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
TandemAI today announced the release of TandemViz ™1.0, the company’s proprietary web-based platform that provides its growing roster of drug discovery clients with a user-friendly and collaborative graphical interface to TandemAI’s suite of computational tools.
SAN DIEGO & NEW YORK & SUZHOU & SHANGHAI--(BUSINESS WIRE)--TandemAI, a technology company focused on transforming drug discovery infrastructure, today announced the appointment of Alessandro Monge, PhD, as Chief Business Officer. Dr. Monge has more than 20 years of experience in developing and deploying marketing strategies for computational technologies at established companies such as Schrödinger, as well as emerging companies, most recently at Iktos, where he was Senior Vice President and Head of US Operations.“Alessandro brings unique insights into how AI and computational tools can impact drug discovery and a wealth of experience in dealmaking with pharmaceutical and biotechnology companies,” said Jeff He, MBA, co-founder, and CEO of TandemAI. “In the CBO role, he will build on our success to date and drive TandemAI’s commercialization strategy.” He noted that TandemAI, founded in October, 2021, now has 200 employees in both the US and China, and currently serves more than 30 clients globally.“TandemAI’s integration of the most advanced computational technologies with medicinal chemistry and biology has great potential to bring unique value in drug discovery,” said Dr. Monge. “The company’s vision to dramatically lower the barrier to the world’s most advanced computational tools is inspiring and creates enormous opportunities for biotechnology and pharmaceutical partners to enhance and accelerate drug discovery through a streamlined, big data-driven process of ideation and testing.”Dr
He noted that since TandemAI was established in late 2021 with $25M venture funding from OrbiMed and Chengwei Capital, the company has built a client roster of two dozen biotech companies.
TandemAI today announced it has raised $25 million in Seed and pre-Series A financing to advance its proprietary computational platform and expansion of its wet lab operations.
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Industries
AI & Machine Learning
Biotechnology
Company Size
11-50
Company Stage
Series A
Total Funding
$58.4M
Headquarters
New York City, New York
Founded
2021
Find jobs on Simplify and start your career today