Cromatic operates a full-stack digital platform that matches biotech companies with vetted CROs in less than 24 hours. The platform includes software tools for communication, collaboration, project management and a fully integrated payment solution. Since launching, Cromatic has over $15 million in R&D budget under management and has partnerships with biotech accelerators including Nucleate, SOSV, and ValleyDAO. The company was spotlighted as one of the top 40 TechBio companies in Decoding Bio Snapshot 2023. Cromatic's stated mission is to reduce administrative burden and improve access to outsourced expertise so biotechs can be more capital-efficient. The company plans to use new funding to advance its product roadmap and expand teams across product, engineering, sales, and customer success.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2023