Fundraising Fox

Persist AI

YC W23 ↗

Sacramento, US · Founded 2022 · Delaware corporation · 6 employees · 7 known investors

persist-ai.com ↗

Persist AI provides AI-driven formulation development services for pharmaceutical compounds, combining robotic lab automation with machine learning models to accelerate drug formulation optimization and reduce time-to-market.

AI & Machine LearningBiotechHealthtechMedical DevicesRoboticsMachine LearningMicrofluidicsNanotechnologyTherapeuticsin /persist-ai/@ycombinatorycombinator.com ↗
Persist AI website preview

Founders & leadership· Y Combinator alumni (W23)

KRKarthik Raman
Karthik RamaninFounder
CSChristopher Shelner
Christopher ShelnerinFounder

Investors · 7

2048 VenturesNew York · $500K – $3M
Global BrainTokyo · $100K – $184M
Good AI Capital
JovonoCalifornia · $50K – $3M
Spero VenturesBurlingame · $2M – $4M
Y CombinatorSan Francisco · $500K
MBX CapitalreportedClaymont · $250K – $2.5M

Reported raises · per SEC filings

Form D private placements
▶$4.9MraisedApr 2023 · 27 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher ShelnerExecutive Officer, Director
  • Karthik RamanExecutive Officer, Director
Offering amount
$5.5M
Amount sold
$4.9M
First sale
Apr 2023
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

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