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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. The company has 878 active competitors, including 28 funded and 135 that have exited. Its top competitors include companies like Jubilant Life Sciences, Akums and Nivagen Pharmaceuticals.

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
Ranked
Employee Count
34 as on Jul 31, 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
6295326
Series A
4193921
7213261
7905110
3165132
May 08, 2023
7246095
Seed
1914339
8385716
6190410
2023
2530
Seed
8567
5796
9358
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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 34 employees as of Jul 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 Jubilant Life Sciences, Akums and Nivagen Pharmaceuticals. 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 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
2nd
Logo for Akums
Akums
2004, Delhi (India), Public
CDMO focusing on spectrum of dosage forms and therapeutic segments
$70M
58/100
3rd
Logo for Nivagen Pharmaceuticals
Nivagen Pharmaceuticals
2009, Sacramento (United States), Acquired
Developer and contract manufacturer of generic drugs, tablets, capsules, ointment and solution
$31M
57/100
4th
Logo for Nectar Lifesciences
Nectar Lifesciences
1995, Chandigarh (India), Public
Manufacturer of cephalosporin APIs and generic formulations
$46.9M
55/100
5th
Logo for Recipharm
Recipharm
1995, Jordbro (Sweden), Acquired
Contract services for pharmaceutical development and manufacturing
-
54/100
6th
Logo for Supriya Lifescience
Supriya Lifescience
2008, Mumbai (India), Public
Manufacturer of active pharmaceutical ingredients and finished dosage formulations for healthcare
-
-
54/100
7th
Logo for Labiana
Labiana
1958, Corbera de Llobregat (Spain), Unfunded
Contract laboratory and contract manufacturing services for pharmaceutical and animal health industries
-
-
54/100
8th
Logo for Chugai Pharmaceutical
Chugai Pharmaceutical
1925, Tokyo (Japan), Acquired
Developer of innovative pharmaceutical products and services
-
54/100
9th
Logo for Asahi Kasei
Asahi Kasei
1931, Chiyoda-ku (Japan), Public
CDMO focused on manufacturing of liquid, solid & injectable drug formulations
-
53/100
10th
Logo for Pontika Aerotech
Pontika Aerotech
2017, Paonta Sahib (India), Series A
Contract manufacturer of formulations
$11.9M
52/100
22nd
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 LiteratureAug 05, 2023PERSIST.AI, 2048 Ventures, Innospark, Fellows Fund and 2 others
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