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Industries
AI & Machine Learning
Biotechnology
Company Size
11-50
Company Stage
Series A
Total Funding
$60M
Headquarters
New York City, New York
Founded
2021
Company Does Not Provide H1B Sponsorship
TandemAI focuses on improving the drug discovery process for researchers, pharmaceutical companies, and academic institutions. Their main product, TandemViz, is a web-based platform that uses advanced computational tools and AI to simulate and visualize how drugs interact with proteins at the molecular level. This allows clients to gain insights into drug efficacy and safety through dynamic physics-based molecular simulations. Unlike many competitors, TandemAI operates on a "Discovery as a Service" model, providing their tools and expertise via subscription and service contracts, which makes these advanced resources more accessible to researchers globally. The company's goal is to enhance the success rate of pre-clinical drug candidates and ultimately provide new treatment options for patients by fostering collaboration among scientists from various disciplines.
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Total Funding
$60M
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
$60M
Headquarters
New York City, New York
Founded
2021
Find jobs on Simplify and start your career today
Discover companies similar to Tandem