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PERSIST.AI - About the company

PERSIST.AI is a series A company based in Woodland (United States), founded in 2022 by Karthik Raman and Christopher Shelner. It operates as a CDMO focused on manufacturing formulations for biopharma sectors. PERSIST.AI has raised $16.7M in funding from Spero Ventures and 2048 Ventures, with a current valuation of $*****. The company has 898 active competitors, including 30 funded and 135 that have exited. Its top competitors include companies like Akums, Nivagen Pharmaceuticals and Jubilant Life Sciences.

Company Details

Email ID
*****@persist-ai.com
Phone Number
+1 **********
Key Metrics
Founded Year
2022
Location
Woodland, United States
Stage
Series A
Total Funding
$16.7M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 01, 2023
Ranked
Employee Count
35 as on Sep 30, 2026
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PERSIST.AI's funding and investors

PERSIST.AI has raised a total funding of $16.7M over 3 rounds. Its first funding round was on 2023. Its latest funding round was a Series A round on May 19, 2025 for $*****. 13 investors participated in its latest round. PERSIST.AI has 15 institutional investors.

Here is the list of recent funding rounds of PERSIST.AI:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 19, 2025
3353414
Series A
3884385
9316905
3505823
2827808
May 08, 2023
7775791
Seed
1654229
2630773
4589508
2023
7624
Seed
8400
5458
4880
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PERSIST.AI's founders and board of directors

Founder? Claim Profile
The founders of PERSIST.AI are Karthik Raman and Christopher Shelner. Karthik Raman is the CEO of PERSIST.AI.
Here are the details of PERSIST.AI's key team members:

PERSIST.AI's employee count trend

PERSIST.AI has 35 employees as of Sep 26. Here is PERSIST.AI's employee count trend over the years:
Employee count trend for PERSIST.AI
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PERSIST.AI's Competitors and alternates

Top competitors of PERSIST.AI include Akums, Nivagen Pharmaceuticals and Jubilant Life Sciences. Here is the list of Top 10 competitors of PERSIST.AI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Akums
Akums
2004, Delhi (India), Public
CDMO focusing on spectrum of dosage forms and therapeutic segments
$70M
65/100
2nd
Logo for Nivagen Pharmaceuticals
Nivagen Pharmaceuticals
2009, Sacramento (United States), Acquired
Developer and contract manufacturer of generic drugs, tablets, capsules, ointment and solution
$31M
60/100
3rd
Logo for Jubilant Life Sciences
Jubilant Life Sciences
1978, Noida (India), Public
Company offering a suite of R&D and manufacturing services for small molecules and generics
-
59/100
4th
Logo for Windlas
Windlas
2001, Gurugram (India), Public
Provider of regulatory affair, quality control, and market strategy services to biopharma sector
$13M
59/100
5th
Logo for Asahi Kasei
Asahi Kasei
1931, Chiyoda-ku (Japan), Public
CDMO focused on manufacturing of liquid, solid & injectable drug formulations
-
55/100
6th
Logo for Recipharm
Recipharm
1995, Jordbro (Sweden), Acquired
Contract services for pharmaceutical development and manufacturing
-
51/100
7th
Logo for Unither
Unither
1993, Paris (France), Acquired
Contract development and manufacturing organization for proprietary and generic drugs
-
54/100
8th
Logo for Labiana
Labiana
1958, Corbera de Llobregat (Spain), Unfunded
Contract laboratory and contract manufacturing services for pharmaceutical and animal health industries
-
-
54/100
9th
Logo for Leukocare
Leukocare
2003, Germany, Series B
Developer of proprietary stabilizing and protecting solutions for biologics formulation
$17.5M
54/100
10th
Logo for Chugai Pharmaceutical
Chugai Pharmaceutical
1925, Tokyo (Japan), Acquired
Developer of innovative pharmaceutical products and services
-
54/100
31st
Logo for PERSIST.AI
PERSIST.AI
2022, Woodland (United States), Series A
CDMO focused on manufacturing formulations for biopharma sectors
$16.7M
48/100
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PERSIST.AI's Investments and acquisitions

PERSIST.AI has made no investments or acquisitions yet.

Reports related to PERSIST.AI

Here is the latest report on PERSIST.AI's sector:

News related to PERSIST.AI

Media has covered PERSIST.AI for 1 event in last 1 year, It was about partnerships.
•
Long-Acting Drug Start-Up Raises $4M in Seed FundsTechnology News and Literature•Aug 05, 2023•PERSIST.AI, 2048 Ventures, Innospark, Fellows Fund and 2 others
•
Persist AI Raises $4M in Seed FinancingFinSMEs•Aug 04, 2023•PERSIST.AI, 2048 Ventures, Innospark, Fellows Fund and 2 others
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