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This YC Partner Just Raised $30 Million For An AI Startup Automating Paperwork For Biotech

Jan 13, 2025 - forbes.com
Surbhi Sarna, who previously sold her startup nVision Medical for $275 million, is launching a new venture called Collate, aimed at automating documentation processes in the life sciences industry using AI. Collate has emerged from stealth with $30 million in seed funding led by Redpoint, valuing the company at over $100 million. Sarna, leaving her partner role at Y Combinator, is joined by cofounder and CTO Nate Smith. The startup plans to leverage generative AI tools to streamline the creation of extensive documentation required in drug and medical device development, targeting large life science companies as initial clients.

Sarna's journey began with personal health challenges that inspired her to found nVision, which developed an FDA-cleared device for early ovarian cancer diagnosis. After selling nVision and spending time at Y Combinator, Sarna identified a significant opportunity in automating life sciences documentation. Collate, still in its early stages without a commercial product, aims to hire rapidly and build a strong company culture. With its substantial initial funding, Collate seeks to capitalize on the growing demand for AI-driven solutions in the healthcare sector.

Key takeaways:

  • Surbhi Sarna, who previously sold her startup nVision Medical for $275 million, is launching a new startup called Collate to automate documentation in life sciences using AI.
  • Collate has emerged from stealth with $30 million in seed funding, led by Redpoint, and is valued at over $100 million.
  • The startup aims to sign on large life science customers and automate the creation of essential documents using generative AI tools.
  • Sarna is leaving her role at Y Combinator to focus on Collate, teaming up with Nate Smith as cofounder and CTO to build the company.
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