BREAKING — Cromatic raises $5.3M seed to untangle the CRO maze Forbes 30 Under 30, Science, Class of 2020 From a Google Sheet to $15M+ in R&D budget under management Sourcerer reads your RFP so you don't have to understand the science 100+ vetted CROs · ~50 biotech clients   BREAKING — Cromatic raises $5.3M seed to untangle the CRO maze Forbes 30 Under 30, Science, Class of 2020 From a Google Sheet to $15M+ in R&D budget under management Sourcerer reads your RFP so you don't have to understand the science 100+ vetted CROs · ~50 biotech clients  
Ann Lin, co-founder and CEO of Cromatic
Ann Lin. The lab coat came off; the rigor didn't.
The Profile

Ann Lin

She decided the hardest problem in drug discovery wasn't the chemistry. It was finding the right lab to do it.

Co-Founder & CEO, Cromatic Stanford Genetics PhD Forbes 30 Under 30

The LedeCromatic

A spreadsheet that found $15 million in a week.

In March 2022, Ann Lin was complaining about a chore that every biotech founder knows and no one solves: finding the outside labs - contract research organizations, or CROs - that actually do the science a startup can't do in-house. The investor Elliot Hershberg listened, then told her to stop complaining and start a company. She circulated a Google Sheet to gather feedback from people drowning in the same problem. Within a week, the sheet had surfaced fifteen million dollars in potential projects looking for a home.

That sheet became Cromatic. Incorporated in May 2022, it now runs as an AI-native platform that helps life-science companies discover, vet, contract, and manage the labs they outsource to. The pitch is unglamorous and exactly the point: a market worth billions runs on stale referral lists, consultant fees, and hours lost to Google. Lin built software to replace the guesswork.

She is, by training, a geneticist - a Stanford PhD who could be at a bench right now. Instead she chose the plumbing. "Biotech companies often struggle to find suitable CROs and manage million-dollar contracted projects without proper software support," she says. It is a founder's sentence: the problem stated so plainly it sounds like it should already be solved.

$5.3M
Seed round, Nov 2023
100+
Vetted CROs on platform
$15M+
R&D budget managed
~50
Biotech clients
2020
Forbes 30 Under 30
2022
Cromatic founded
The CRO landscape is notoriously hard to navigate, with firms wasting hours on searches or consultant fees.
— Ann Lin, on why Cromatic exists
OriginThe Bench Years

She joined a lab because the boss was also on a list.

The teenage logic was disarmingly direct. As a Stony Brook undergraduate - a double major in biochemistry and economics, a pairing that reads, in hindsight, like a map of her career - Lin learned that a young scientist named Jason Sheltzer had made the Forbes 30 Under 30 list in 2015. "I'm going to join this person's lab," she recalled deciding. "He's young and he's motivated and he seemed like he would be a great mentor. And he really is an amazing mentor!"

The internship at Cold Spring Harbor Laboratory turned into something bigger. Working in Sheltzer's group, Lin helped produce one of the more uncomfortable findings in cancer pharmacology: a drug that worked - but not for the reason everyone believed. The supposed target wasn't doing the killing. The drug fought cancer as a kind of happy accident, hitting something else entirely. The result forced a harder question onto the whole field: how do you prove a therapy works the way you think it does?

A few years later, her name was on the list too.

In December 2019, Forbes named Lin to its 30 Under 30 in Science. She was 23, a Stanford PhD candidate, and already an author on research that had embarrassed a drug target. The teenager who picked a mentor off a list had become the kind of scientist who ends up on one.

Between the bench and the boardroom there was a detour through Norway, where she went as a Fulbright Scholar and built something that sounds like science fiction and is merely Tuesday in modern biology: an organ-on-a-chip device wired into a mass spectrometer, so a drug's effect on living tissue could be measured in real time. Economics, genetics, instrumentation, markets - the resume keeps refusing to stay in one lane.

The thread

Catch what others assume. The cancer-drug work was about verifying a mechanism nobody had questioned. Cromatic is about verifying vendors nobody had time to vet. Same instinct, different lab.

TimelineReceipts
UNDERGRAD
Interns in Jason Sheltzer's lab at Cold Spring Harbor while studying biochemistry and economics at Stony Brook.
2019
Co-authors research showing a cancer drug hit the wrong target - reshaping how on-target activity gets verified.
2020
Named to Forbes 30 Under 30 in Science, at age 23.
NORWAY
Fulbright Scholar building an organ-on-a-chip + mass-spectrometry platform for real-time drug response.
EARLY 2020s
Scientific co-founder and advisor of Meliora Therapeutics, alongside mentor Jason Sheltzer.
2022
Co-founds Cromatic with CTO Anne Chen, a former Meta engineer. Incorporated in May.
JAN 2023
Cromatic begins onboarding biotech clients.
NOV 2023
Closes $5.3M seed led by AgFunder and LifeX, with Accel, Kleiner Perkins, Lux Capital, FJ Labs.
JUN 2024
Launches Sourcerer, an AI tool that reads RFPs to match companies with CROs and CDMOs.
In Her WordsQuotes
"With Sourcerer, you don't necessarily need to understand the science."
"Some big pharma companies spend years developing preferred vendor lists, but CRO information often becomes outdated."
"Biotech companies often struggle to find suitable CROs and manage million-dollar contracted projects without proper software support."
"He's young and he's motivated and he seemed like he would be a great mentor. And he really is an amazing mentor!"

Sourcerer, in one line

Feed it a multi-page RFP. It extracts the objectives, infers the skills required, standardizes vendor profiles by size, location and revenue, and hands back a shortlist - science fluency optional.

The BetWhy Cromatic

The unsexy bottleneck.

Plenty of founders chase the next molecule. Lin went after the part everyone hates and no one fixes: the search, the sourcing, the contracts, the project management. The middle of the sentence, not the headline.

It is a contrarian read on her own field. She co-founded a drug-discovery company, Meliora, and could have stayed in pure science. Instead she concluded the binding constraint on biotech speed was operational, not scientific - that a small company with a brilliant idea still loses months finding someone to run an assay. Cromatic's wager is that fixing logistics compounds across an entire industry.

Backed to build it.

The 2023 seed round paired specialist agri-bio funds AgFunder and LifeX with brand-name generalists - Accel, Kleiner Perkins, Lux Capital, FJ Labs. The company has also partnered with accelerators including Nucleate, SOSV, and ValleyDAO, plugging it into the early-stage biotech pipeline at the exact moment those founders first need outside labs.

The team

Lin runs the company with CTO Anne Chen, a former software engineer at Meta - a deliberate pairing of deep life-science fluency with consumer-grade product engineering. The aim: make biotech software that feels like the apps people actually like using.

MarginaliaFun Facts
  • A native of Flushing, Queens - New York roots under the California title.
  • Her undergrad pairing of biochemistry with economics now reads like a thesis statement: science meets markets.
  • In Norway she connected an organ-on-a-chip to a mass spectrometer to watch drugs act in real time.
  • The company name and domain - Cromatic, cro-matic.com - is a pun hiding in plain sight: CRO, automated.
  • She picked her formative lab partly because the principal investigator was a Forbes 30 Under 30. Then she made the list herself.
AspirationThe Long Game
Make a notoriously opaque market navigable - and turn Cromatic into the default operating system for how biotech buys science.
— The mission, distilled

Profile compiled from public sources: AgFunderNews, Cold Spring Harbor Laboratory, Meliora Therapeutics, Stony Brook University, Crunchbase, and Cromatic.

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