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Recursion

Biotechnology / TechBio Salt Lake City, UT, USA ~580 employees
Founded
--
Employees (Est.)
~580
29 leaders known
Total Funding
$450.0M
Funding Rounds
3
Last Funding
2024-06-26

About Recursion

Recursion is a pioneering company in AI-enabled drug discovery and development, focused on decoding biology to radically improve lives. Founded over a decade ago, their mission is to use AI to understand cellular disruptions driving disease and reduce the high failure rate of traditional drug discovery. They leverage vast datasets, automated labs, and supercomputing power to accelerate the development of first-in-class and best-in-class treatments for conditions with high unmet needs, such as aggressive cancers and rare diseases.

Products & Services

Recursion OS:A drug discovery and development platform that uses AI to identify new targets and design optimized molecules for potential treatments.
Pipeline of Treatments:An advanced pipeline of potential first-in-class and best-in-class treatments targeting oncology (e.g., advanced solid tumors, B-cell malignancies) and rare diseases (e.g., familial adenomatous polyposis, hypophosphatasia) across preclinical to Phase 3 stages.
LOWE:Recursion's LLM agent specifically designed for drug discovery to enhance research capabilities.
BioHive-2:One of the most powerful supercomputers in the pharmaceutical industry, built in collaboration with NVIDIA to process massive biological and chemical datasets.

Specialties

AI-enabled drug discovery High-throughput automated labs Biological and chemical data analysis Supercomputing for biopharma Oncology and rare disease treatments

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Public Offering
T: -
FT: Public Offering
A: 200000000
MR: -
FA: $200 million
FAN: 200000000
D: 2024-06-26
FD: 2024-06-26
3 investors
2 RT: Underwritten Public Offering
T: -
FT: Underwritten Public Offering
A: 200000000
MR: -
FA: $200.0 million
FAN: 200000000
D: 2024-06-26
FD: 2024-06-26
3 investors
3 RT: PIPE
T: -
FT: PIPE
A: 50000000
MR: -
FA: 50 million
FAN: 50000000
D: 2023-07-12
FD: 2023-07-12
1 investors
Public Offering Latest
2024-06-26
$200.0M
3 investors (Pro only)
Underwritten Public Offering 2024-06-26
$200.0M
PIPE 2023-07-12
$50.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

J

Jensen Huang

Founder and CEO of NVIDIA

J

Joerg Moeller

Member of the Executive Committee of Bayer AG's Pharmaceuticals Division and Head of Research and Development

J

James Sabry

Global Head of Pharma Partnering at Roche

C

Chris Gibson

Co-Founder and CEO

E

Erica Fox

Chief People and Impact Officer

D

David Hallett

Chief Scientific Officer

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Recent News

Recursion Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Biotechnology / TechBio
Company Size
~580 employees (est.)
Locations
Salt Lake City, UT, USA
Salt Lake City
Salt Lake City, UT

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

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