# Cromatic

> Cromatic is an AI-native platform for life-science R&D outsourcing and revenue operations. It runs a curated marketplace connecting biotech and pharma companies with vetted Contract Research Organizations (CROs) and Contract Development and Manufacturing Organizations (CDMOs), then layers on vendor discovery, project tracking, data storage, collaboration, contracting, and milestone payments so scientists can outsource complex research without stitching together spreadsheets, email threads, and word-of-mouth referrals. Founded in 2022 by Stanford geneticist Ann Lin and former Meta engineer Anne Chen, the company raised a $5.3M oversubscribed seed round in November 2023 and manages tens of millions of dollars in research budgets.

- **Founded:** 2022
- **Headquarters:** San Francisco, California, United States
- **Founders:** Ann Lin (Co-Founder & CEO), Anne Chen (Co-Founder & CTO)
- **Team size:** ~18 employees (11-50 range)
- **Products:** CRO / CDMO Marketplace, Sourcerer (Vendor Matching), Project Management Dashboard, Contracting & Payments, AI-Native RevOps for Life Science BD
- **Notable:** Closed an oversubscribed $5.3M seed round in November 2023 led by AgFunder and LifeX Ventures., Assembled one of the largest curated databases of global CROs and CDMOs in the industry., Reached $15M+ in R&D budget under management within months of platform launch.

## Products & services

- **CRO / CDMO Marketplace** — A curated, AI-powered database - among the largest in the industry - of global Contract Research and Contract Development & Manufacturing Organizations that biotech and pharma teams can search and vet.
- **Sourcerer (Vendor Matching)** — An AI vendor-discovery tool launched in 2024 that matches program sponsors to the right outsourcing partners based on the specifics of their research needs.
- **Project Management Dashboard** — An integrated dashboard for end-to-end project management: onboarding, milestone tracking, data storage and analysis, and communication between sponsors and vendors.
- **Contracting & Payments** — Contract negotiation, signing, and milestone-based payment processing so research budgets flow through a single, auditable system.
- **AI-Native RevOps for Life Science BD** — A newer revenue-operations layer that builds industry-specific lead lists, enriches contact data, and automates outreach for life-science business development teams.

## Achievements

- Closed an oversubscribed $5.3M seed round in November 2023 led by AgFunder and LifeX Ventures.
- Assembled one of the largest curated databases of global CROs and CDMOs in the industry.
- Reached $15M+ in R&D budget under management within months of platform launch.
- Launched Sourcerer, an AI vendor-matching tool, in 2024.
- Backed by top-tier investors including Lux Capital, Accel, and Kleiner Perkins.

## Latest updates

- **2023-11** — Closed $5.3M oversubscribed seed round to modernize life-science R&D outsourcing.
- **2024-06** — Announced Sourcerer, an AI-powered vendor-matching tool to help program sponsors identify outsourcing partners.
- **2026-07** — Positioning evolved to 'the AI-native RevOps platform for life-science business development,' adding lead-list building, email enrichment, and automated outreach.

## Links

- Website: https://www.cromatic.bio
- LinkedIn: https://www.linkedin.com/company/cro-matic
- Twitter/X: https://twitter.com/cromatichq

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Profile page: https://yespress.io/cromatic
Published by YesPress — https://yespress.io
Last updated: 2026-08-06