Octant - About the company
Octant is a series B company based in Los Angeles (United States), founded in 2017 by Ramsey Homsany and Sri Kosuri. It operates as a Provider of human cell interaction platform for drug discovery. Octant has raised $115M in funding from Andreessen Horowitz and Catalio Capital Management. The company has 221 active competitors, including 82 funded and 17 that have exited. Its top competitors include companies like Illumina, DNAnexus and Immunai Technologies.
Company Details
Provider of human cell interaction platform for drug discovery. The platform GPCR features synthetic biology, gene editing, genome engineering applications, next-generation sequencing method, and computational tools to simultaneously measure the activity of receptor pathways in human cells. These big datasets will be able to develop and apply machine learning methods to engineer small molecules which react with multiple receptors, enabling the discovery of drugs for complex diseases.
- Website
- www.octant.bio/
- Email ID
- *****@octant.bio
- Registered Address
- Emeryville, California
Key Metrics
Founded Year
2017
Location
Los Angeles, United States
Stage
Series B
Total Funding
$115M in 4 rounds
Latest Funding Round
Investors
Ranked
28th among 221 active competitors
Employee Count
68 as on Jun 30, 2026
Legal entities associated with Octant
Octant is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OCTANT, INC. CIN: 821901147 , United States, Active | Dec 26, 999 | - | 63 (As on Dec 31, 2024) | - |
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Octant's funding and investors
Octant has raised a total funding of $115M over 4 rounds. Its first funding round was on May 01, 2020. Its latest funding round was a Series B round on Apr 21, 2022 for $*****. 5 investors participated in its latest round. Octant has 16 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Octant:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 21, 2022 | 1998825 | Series B | 1821865 | 1918032 | 8253805 | 2468910 |
Apr 01, 2021 | 8826937 | Grant (prize money) | 2593197 | 7203159 | 5834416 | |
May 20, 2020 | 5375834 | Series A | 3840503 | 8276482 |
View details of Octant's funding rounds and investors
Octant's founders and board of directors
Founder? Claim ProfileThe founders of Octant are Ramsey Homsany and Sri Kosuri.
Here are the details of Octant's key team members:
- Ramsey Homsany: Co-Founder of Octant. They are also an angel investor in 2 startups.Contact Info: 1 email address
- Sri Kosuri: Co-Founder of Octant. Contact Info: 1 email address
View details of Octant's Founder profiles and Board Members
Octant's employee count trend
Octant has 68 employees as of Jun 26. Here is Octant's employee count trend over the years:
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Octant's Competitors and alternates
Top competitors of Octant include Illumina, DNAnexus and Immunai Technologies. Here is the list of Top 10 competitors of Octant, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Illumina 1993, San Diego (United States), Public | Developer of technologies for analysis of genetic variation and function | $28M | 71/100 | |
2nd | DNAnexus 2009, Mountain View (United States), Series H | Provider of cloud-based genome informatics & data management platform | $473M | 71/100 | |
3rd | Immunai Technologies 2018, United States, Series B | Developer of next-generation of immunomodulatory therapeutics | $295M | 65/100 | |
4th | Asimov 2017, Boston (United States), Series B | Provider of integrated suite for advanced genetic design and manufacturing | $234M | 65/100 | |
5th | Insitro 2018, San Francisco (United States), Series C | Developer of machine learning platform for drug discovery and development | $643M | 65/100 | |
6th | Metagenomi 2016, Berkeley (United States), Public | Digital gene editing technologies for drug development | $376M | 64/100 | |
7th | Relation 2019, London (United Kingdom), Seed | AI-based drug development tools for researchers | $116M | 64/100 | |
8th | Arbor Biotechnologies 2016, Cambridge (United States), Series C | Provider of genomic technologies and drug discovery platform | $304M | 64/100 | |
9th | Kinomica 2017, Macclesfield (United Kingdom), Series A | Provider of a bioinformatics platform for the development of precision medicine | $5.16M | 64/100 | |
10th | Provider of gene sequencing instruments, reagents, equipment, and related products | $1B | 63/100 | ||
28th | Octant 2017, Los Angeles (United States), Series B | Provider of human cell interaction platform for drug discovery | $115M | 51/100 |
Looking for more details on Octant's competitors? Click here to see the top ones
Octant's Investments and acquisitions
Octant has made no investments or acquisitions yet.
Reports related to Octant
Here is the latest report on Octant's sector:
News related to Octant
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Synbio Company Replay Launches with $55M in Seed FundingGenomeWeb•Jul 25, 2022•KKR, OMX Ventures, Artis Ventures, Lansdowne Partners and 13 others
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Zymergen expands agreement with Octant on developing breakthrough medicinesSeeking Alpha•Jul 15, 2022•Zymergen, Octant
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Belong secures $80M to take the pain out of rental property managementTechCrunch+•May 19, 2022•Belong, Battery Ventures, Andreessen Horowitz, Notable Capital and 6 others
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Omics-Driven Drug Discovery Firm Octant Raises $30M in Series A Financing RoundGenomeWeb•May 20, 2020•Octant, Andreessen Horowitz, 8VC, SV Angel and 1 other
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