Model Medicines - About the company
Model Medicines is a series A company based in San Diego (United States), founded in 2019 by Daniel Haders and Sean Russell. It operates as a Developer of AI-based drug discovery platform. Model Medicines has raised $27.1M in funding from investors like Irving Investors, 8VC and Nex Cubed. The company has 213 active competitors, including 71 funded and 13 that have exited. Its top competitors include companies like Schrodinger, Recursion Pharmaceuticals and Valo Health.
Company Details
Developer of AI-based drug discovery platform. The company focuses on therapeutics for gastric disorders, neurological disorders, weight disorders, and infectious diseases. Also, uses the collection of drug development data, a drug and disease agnostic discovery platform along with AI to develop drugs.
- Website
- modelmedicines.com
- Email ID
- *****@modelmedicines.com
Key Metrics
Founded Year
2019
Location
San Diego, United States
Stage
Series A
Total Funding
$27.1M in 6 rounds
Latest Funding Round
Investors
Ranked
28th among 213 active competitors
Employee Count
15 as on Jun 30, 2026
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Model Medicines's funding and investors
Model Medicines has raised a total funding of $27.1M over 6 rounds. Its first funding round was on Aug 12, 2020. Model Medicines has 5 institutional investors.
Here is the list of recent funding rounds of Model Medicines:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 29, 2025 | 5275193 | Series A | 6686385 | 3454507 | 2056658 | 5698731 |
Sep 26, 2024 | 6427035 | Series A | 6344270 | 3354006 | 4200851 | 2539684 |
Dec 21, 2023 | 4902892 | Series A | 7401819 | 3080274 | 4209777 | 4774290 |
View details of Model Medicines's funding rounds and investors
Model Medicines' founders and board of directors
Founder? Claim ProfileThe founders of Model Medicines are Daniel Haders and Sean Russell.
Here are the details of Model Medicines' key team members:
- Daniel Haders: Co-Founder, Board Director, Executive Chairman of Model Medicines.
- Sean Russell: Co-Founder, Chief Operating Officer & Head of Discovery, Research & Development of Model Medicines.
View details of Model Medicines's Founder profiles and Board Members
Model Medicines' employee count trend
Model Medicines has 15 employees as of Jun 26. Here is Model Medicines's employee count trend over the years:
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Model Medicines's Competitors and alternates
Top competitors of Model Medicines include Schrodinger, Recursion Pharmaceuticals and Valo Health. Here is the list of Top 10 competitors of Model Medicines, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Schrodinger 1990, New York City (United States), Acquired | Provider of a web-based simulation and modelling tool | $162M | 74/100 | |
2nd | Recursion Pharmaceuticals 2013, New York (United States), Public | AI-enabled drug discovery and development platform for novel therapeutics | $452M | 72/100 | |
3rd | Valo Health 2019, Boston (United States), Series B | AI-powered platform for drug discovery and development | $450M | 67/100 | |
4th | XtalPi 2014, Cambridge (United States), Public | AI-based drug research and development company | $785M | 67/100 | |
5th | Isomorphic Labs 2021, London (United Kingdom), Series B | Digital platform focused on revolutionizing drug discovery using AI | $2.7B | 64/100 | |
6th | Xaira 2023, San Francisco (United States), Series D | AI-enabled platform for drug discovery and development | $1B | 63/100 | |
7th | In Silico 2014, Cambridge (United States), Public | AI-enabled bioinformatics platform for drug discovery and biomarker development | $510M | 62/100 | |
8th | Tandem AI 2021, New York (United States), Series A | AI-based drug discovery tool for researchers | $82M | 62/100 | |
9th | Causaly 2018, London (United Kingdom), Series B | Provider of an AI platform for life sciences and biomedical research | $93M | 62/100 | |
10th | Provider of an AI and quantum physics to discover therapeutic molecules | $101M | 62/100 | ||
28th | Model Medicines 2019, San Diego (United States), Series A | Developer of AI-based drug discovery platform | $27.1M | 53/100 |
Looking for more details on Model Medicines's competitors? Click here to see the top ones
Model Medicines's Investments and acquisitions
Model Medicines has made no investments or acquisitions yet.
Reports related to Model Medicines
Here is the latest report on Model Medicines's sector:
News related to Model Medicines
Media has covered Model Medicines for 1 event in last 1 year, It was about company updates.
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Model Medicines Reports Positive Results for Anti-COVID-19 Drug CandidateContract Pharma•Feb 08, 2022•Model Medicines
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Model Medicines Raises $4.1 Million to Discover and Advance Therapeutics Using its AI Drug Discovery PlatformModel Medicines•Nov 03, 2021•Model Medicines, 8VC, Irving Investors, ParticleX and 1 other
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