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Syntensor isn't accepting new investments

Syntensor’s deadline was October 1, 2024

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Logo of Syntensor

Syntensor

Improving the effectiveness of drug development through AI Models
SaaS Pharmaceuticals & Medicine AI & Machine Learning
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$4,192,079
Raised
2,823
Investors
Successfully funded and closed on October 1, 2024.
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Closed on October 1, 2024. Information may not be up-to-date. Campaign closed on October 1, 2024. Information displayed may not be up-to-date.
Opportunity Product Traction Biz. model Vision and strategy Leadership
About Team

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Syntensor Incorporated. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Syntensor SAFE Syntensor Form C .pdf
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Hear from some of the 2,823 investors in Syntensor


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Highlights


  • Groundbreaking AI platform predicts drug efficacy and toxicity
  • Creating a new “SaaS model for biology”
  • Working with multiple firms with ~$50B in AUM
  • Seed round funding from Lifeforce Capital, Morningside Ventures and Hula
  • Additional funding from Lexi Ventures
  • Collaborations with Stanford & MILA

Opportunity


There’s no easy answer to
the fundamental question in drug development “Is this going to work?”

Bringing a drug to market can cost up to $2B, yet clinical trials yield a 90% failure rate. Why? Current tools and assays can’t accurately predict how a drug will act once it enters a patient’s body. 

Even when drugs receive FDA approval, adverse drug reactions are the fourth leading cause of death in America. On top of that, up to 60% of prescribed medications are ineffective.

Syntensor helps drug developers address both these challenges. They’re building models designed to better predict toxicity or lack of efficacy, the key causes of clinical trial failure, before the trials start.

Improving the efficacy and safety of new medications could save companies billions of dollars in R&D costs. It could also save lives.

Product


Combining the power of
AI-driven models and computer-aided design (CAD) for biology.


Syntensor has developed a cutting-edge platform to improve drug development by simulating how drugs interact with the body at a cellular and tissue level. By modeling complex mechanistic interactions through cutting-edge AI, Syntensor can predict how effective a drug will be and identify potential side effects before clinical trials begin.

The added computational power and machine learning capabilities enable Syntensor to work towards a true platform simulator for biology (much as is done with software like Cadence for semiconductor development and Autodesk for CAD).

The goal is a platform that is generalizable across diseases, therapeutic modalities, and patient genotype and phenotype. 

The company’s advanced simulation tools hold the potential to reduce failure rates, expedite the drug discovery process, and save significant costs.

Physicians and scientists will benefit from being able to explore the effects of drugs on the body much earlier than with current techniques.

Traction


A Successful Validation Project and Collaborations with Leading Institutions 

Syntensor raised seed round funding from Lifeforce Capital, Morningside Ventures, PTK Capital, Hula and had subsequent funding form Lexi Ventures. They’ve completed one validation project and are currently entering a pilot phase with multiple firms with ~$50B in AUM. 

Collaborations (such as HyenaDNA) with prestigious institutions like HAI at Stanford and MILA, involving renowned experts in AI and bioinformatics show Syntensor’s research capabilities.

Business model


Write Software Once,
Deploy Many Times

That’s the key principle of the SaaS business model where companies pay on a monthly or annual basis to use the software.

Syntensor initially plans to reinvest recurring revenue into R&D, following a model that has led to high growth rates (40%+ CAGR) for enabling tooling providers in other industries. Their approach aims to replicate the success of companies like Cadence Design Systems by applying it to the biotech market.

As Syntensor's technology becomes more accurate, they can enter different markets. Initially, Syntensor is targeting biotech investors (hedge funds, venture capitalists) who benefit directly from funded companies being able to better predict drug success and can act quickly. 

Vision and strategy


A Foundation model
for Biology with a SaaS business approach

Syntensor aims to revolutionize drug development by creating advanced simulation tools akin to the “CAD for biology.” Their goal is to drastically reduce high failure rates in clinical trials and mitigate adverse drug reactions.

They are also working to make their simulator generalizable across applications, creating a foundation model for biology and opening the door to a SaaS-like business model.

Leadership


Syntensor’s team includes industry veterans and experts from DeepMind, Novartis, GSK, and Stanford. Their collective experience in AI, bioinformatics, and drug discovery strengthens the company's ability to innovate and execute its vision.


Deal terms


Valuation cap

$20,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Minimum investment

$100

The smallest investment amount that Syntensor is accepting.
Learn more

Maximum investment

$500,000

The largest investment amount that Syntensor is accepting.
Learn more

Funding goal

$5M

Syntensor must achieve its minimum goal of $1M before the deadline. The maximum amount the offering can raise is $5M.
Learn more

Deadline
Syntensor needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

Nominee Lead

Chief Executive Officer of the Company (Currently Clayton Rabideau)

Will direct the Nominee on certain matters like voting, amendments and conversions affecting the security.
Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Syntensor Incorporated. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Syntensor SAFE Syntensor Form C .pdf

Why others invested

See all reviews (0) See all (0)

I've been following Syntensor for months, and what a rare opportunity this is. Syntensor's AI technology has transformative, game-changing potential in biotech and is in a prime position to revolutionize drug development. Their AI-driven model boosts the accuracy and efficiency of drug discovery, cutting costs and risks. This is a pivotal moment in biotech, and I believe Syntensor is ready to lead the way. I have full confidence in their leadership and am excited to support them as they capitalize on this unique opportunity.

Profile picture of Levi Morgan
Levi Morgan
Active investor
10 months ago

Syntensor is building a foundational model for drug discovery and predictability for the biopharmaceutical industry. The reason that Syntensor’s foundational AI model is so valuable is because even small improvements in predictability can be worth tens of millions and possibly much more in the long run. Being able to accurately predict drugs that will be both effective and safe in advance can transform a company’s therapeutic pipeline, accelerate drug development, and ensure that the biopharma company is spending its capital on the highest probability drug candidates. Since it licenses out the use of its AI and technology platform to its customers, its business will thrive as long as its technology improves drug development outcomes and helps biopharma companies avoid pursuing drug candidates that have low probabilities of success. This is an excellent investment opportunity at this early stage!

Profile picture of Roger Paul
Roger Paul
Active investor
10 months ago

I work in Biotech and we spend ~ $1-2m per program on pre-clinical lab based tox work per program plus additional drug-drug interaction studies once we are in the clinic. An AI model that could both reduce the cost and development time of advancing into the clinic would be huge. Look forward to seeing where this goes.

Profile picture of Jason Robins
Jason Robins
Value-add investor
10 months ago

About Syntensor

Legal Name
Syntensor Incorporated
Founded
Jan 2019
Form
Delaware Corporation
Employees
4
Website
syntensor.com
Social Media
Headquarters
Google Map location of of Syntensor
50 Lakeside Avenue , Burlington, VT
Headquarters
50 Lakeside Avenue, Burlington, VT, United States 05401

Syntensor Team
Everyone helping build Syntensor, not limited to employees

Profile picture of Clayton Rabideau
Clayton Rabideau
Co-Founder & CEO/CTO
Syntensor is the result of Clayton’s life-long passion for algorithms and biology. After an undergraduate degree in genetics, Clayton’s PhD research was devoted to computational synthetic biology.
Profile picture of Rosie Higgins
Rosie Higgins
Co-Founder & Advisor
Rosie is a product leader who specializes in building multidisciplinary teams to bring emerging technologies to market. Previously, she has been VP at Novartis, Data42 and COO at BenevolentAI
Clayton Rabideau
Co-Founder & CEO/CTO
Rosie Higgins
Co-Founder & Advisor
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Syntensor

Syntensor successfully raised $4,192,079 from 2823 investors on October 1, 2024
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