Fundraising Fox

Citrine Informatics

Redwood City, US · Founded 2013 · Delaware corporation · 10 known investors

citrine.io ↗

Citrine provides an AI platform for product development used across organizations, with expertise in materials discovery and advanced manufacturing optimization.

Advanced ManufacturingAI & Machine LearningDeep TechEnterprise SoftwareNew Materials

Founders & leadership

Citrine Informatics was founded in 2013 by Greg Mulholland and Bryce Meredig.

GMGreg Mulholland
Greg MulhollandinCo-founder & CEO30 Under 30 2015
BM
Bryce MeredigCo-founder
RLRahim Lakhani
Rahim LakhaniinExecutive

Board

SBScott Brady
Scott Bradyin𝕏Board Member and InvestorFounding Partner at Innovation Endeavors
MCMark Cupta
Mark CuptainBoard MemberManaging Director at Prelude Ventures
AH
Amar HanspalBoard director
CA
Cynthia ArnoldBoard director

Investors · 10

DCVC (Data Collective)Palo Alto · $5M – $25M
DYDX CapitalRedwood City
Endeavor8San Francisco
IsaiParis · $108K – $54M
ISAI Gestion
Prelude VenturesSan Francisco · $100K – $5Mvia Mark Cupta · board
Presidio VenturesSilicon Valley · $500K – $5M
Ulu VenturesPalo Alto · $2M
Innovation EndeavorsreportedPalo Alto · $1M – $15M
Universal Materials Incubatorreported

Reported raises · per SEC filings

Form D private placements

$62.3M disclosed across 6 rounds · 2016–2025

▶$2.6MraisedFeb 2025 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Rahim LakhaniExecutive Officer
  • Scott BradyDirector
  • Amar HanspalDirector
  • Mark CuptaDirector
  • Cynthia ArnoldDirector
  • Gregory MulhollandExecutive Officer, Director
Offering amount
$6.1M
Amount sold
$2.6M
First sale
Jan 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5MraisedSep 2023 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Rahim LakhaniExecutive Officer
  • Mark CuptaDirector
  • Scott BradyDirector
  • Amar HanspalDirector
  • Cynthia ArnoldDirector
  • Gregory MulhollandExecutive Officer, Director
Offering amount
$5M
Amount sold
$5M
First sale
Sep 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$12.6MraisedNov 2022 · 11 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Mark CuptaDirector
  • Scott BradyDirector
  • Gregory MulhollandExecutive Officer, Director
  • Cynthia ArnoldDirector
  • Amar HanspalDirector
Offering amount
$17.6M
Amount sold
$12.6M
First sale
Oct 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$12.4MraisedNov 2020 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Gregory MulhollandExecutive Officer, Director
  • Bryce MeredigExecutive Officer, Director
  • Mark CuptaDirector
  • Scott BradyDirector
  • Cynthia ArnoldDirector
Offering amount
$20M
Amount sold
$12.4M
First sale
Oct 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$20.9MraisedJul 2019 · 8 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Gregory MulhollandExecutive Officer, Director
  • Bryce MeredigExecutive Officer, Director
  • Cynthia ArnoldDirector
  • Scott BradyDirector
  • Mark CuptaDirector
Offering amount
$28.6M
Amount sold
$20.9M
First sale
Jun 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$8.8MraisedMay 2016 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mark CuptaDirector
  • Bryce MeredigExecutive Officer, Director
  • Scott BradyDirector
  • Gregory MulhollandExecutive Officer, Director
Offering amount
$8.8M
Amount sold
$8.8M
First sale
May 2016
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

3 people who came through Citrine Informatics went on to found or lead other companies.

Venkat ViswanathanScientific Advisory BoardFounded AIONICS +1Alexandra KisselAI Product ManagerFounded Rubber Ducky LabsJoseph PalakapillySoftware Engineering InternFounded Meticulate

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. NavyNavyPhase ISTTR2018$125K
Department of EnergyPhase IISTTR2016$1M
Department of EnergyPhase ISTTR2016$150K
National Science FoundationPhase I2014$150K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Citrine Informatics Raises $16M in Series C Financingbusinesswire.com · Jan 2023Citrine Informatics Continues Rapid Growth in Q1 2022, Reports 52% Sequential Quarter ARR Growth and Record Research Fundingbusinesswire.com · Apr 2022Citrine Informatics Raises $20M in Series B Fundingstreetinsider.com · Oct 2019Citrine Informatics Raises $7.6M in Series A Funding - FinSMEsfinsmes.com · Jun 2017Articles Archives - Page 2 of 11 - Citrine Informaticscitrine.io

Frequently asked questions

What does Citrine Informatics do?
Citrine provides an AI platform for product development used across organizations, with expertise in materials discovery and advanced manufacturing optimization.
Who founded Citrine Informatics?
Citrine Informatics was founded by Greg Mulholland, Bryce Meredig in 2013.
Who are Citrine Informatics's investors?
Citrine Informatics's investors include DCVC (Data Collective), DYDX Capital, Endeavor8, Isai, ISAI Gestion, Prelude Ventures, Presidio Ventures, Ulu Ventures and 2 more.
How much funding has Citrine Informatics raised?
Citrine Informatics has disclosed $62.3M raised across 6 rounds.
Where is Citrine Informatics headquartered?
Citrine Informatics is headquartered in Redwood City, US.