LiteFold - About the company
LiteFold is a seed company based in Dover (United States), founded in 2025 by Anindyadeep Sannigrahi and Cory Kornowicz. It operates as an AI platform focused on accelerating protein engineering and drug discovery workflows. LiteFold has raised an undisclosed amount in funding. The company has 10 active competitors, including 4 that are funded. Its top competitors include companies like TernaryTx, Avilar and Epsilico.
Company Details
AI platform focused on accelerating protein engineering and drug discovery workflows. It provides accessible tools for researchers to predict, visualize, and analyze protein structures using advanced models like AlphaFold2 and ESM3.
- Website
- litefold.in
- Email ID
- *****@litefold.ai
Key Metrics
Founded Year
2025
Location
Dover, United States
Stage
Seed
Latest Funding Round
Ranked
5th among 10 active competitors
Employee Count
6 as on Jun 30, 2026
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LiteFold's funding and investors
LiteFold has raised funding over 2 rounds. Its first funding round was on May 13, 2026. Its latest funding round was a Seed round on May 13, 2026 for $*****. 1 investor participated in its latest round. LiteFold has 2 institutional investors.
Here is the list of recent funding rounds of LiteFold:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 13, 2026 | 8338361 | Seed | 2396095 | 1145097 | 9342670 | 1986237 |
May 13, 2026 | 6919452 | Grant (prize money) | 1667975 | 1769198 | 4431641 |
View details of LiteFold's funding rounds and investors
LiteFold's founders and board of directors
Founder? Claim ProfileThe founders of LiteFold are Anindyadeep Sannigrahi and Cory Kornowicz.
Here are the details of LiteFold's key team members:
- Anindyadeep Sannigrahi: Co-Founder of LiteFold.
- Cory Kornowicz: Co-Founder of LiteFold.
View details of LiteFold's Founder profiles and Board Members
LiteFold's employee count trend
LiteFold has 6 employees as of Jun 26. Here is LiteFold's employee count trend over the years:
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LiteFold's Competitors and alternates
Top competitors of LiteFold include TernaryTx, Avilar and Epsilico. Here is the list of Top 10 competitors of LiteFold, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | TernaryTx 2024, London (United Kingdom), Seed | Developer of computational platform for molecular glue discovery and design | $4.76M | 42/100 | |
2nd | Avilar 2020, Waltham (United States), Seed | Provider of drug discovery platform and protein degradation technology | $75.3M | 40/100 | |
3rd | Generative AI technology for designing biologics | - | 36/100 | ||
4th | iN Therapeutics 2020, Yongin (South Korea), Funding Raised | Developer of drugs for patients with rare neurological diseases | - | 32/100 | |
5th | LiteFold 2025, Dover (United States), Seed | AI platform focused on accelerating protein engineering and drug discovery workflows | - | 30/100 | |
6th | Levitate Bio 2024, Kirkland (United States), Unfunded | Platform offering automated and customized AI solutions for biopharma drug discovery | - | - | 26/100 |
7th | Interdict 2022, San Francisco (United States), Funding Raised | Developer of a small molecule therapeutics platform to address undruggable targets | - | 24/100 | |
8th | Ubiquitx 2021, Cambridge (United States), Funding Raised | Developer of AI-powered platform for targeted protein degradation therapeutics design | - | 22/100 | |
9th | Developer of platform for protein degradation for development of small molecule based drug | - | 22/100 | ||
10th | Adhesion Therapeutics 2024, Graz (Austria), Funding Raised | AI-enabled molecular glue degraders aimed at treating diseases | - | 15/100 |
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LiteFold's Investments and acquisitions
LiteFold has made no investments or acquisitions yet.
Reports related to LiteFold
Here is the latest report on LiteFold's sector:
News related to LiteFold
Media has covered LiteFold for 1 event in last 1 year.
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Meet LiteFold, a biotech startup using proprietary AI to speed up drug discoveryYourStory•May 13, 2026•LiteFold
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