AI Startup Collate Raises $95 Million To Automate Life Sciences Paperwork
Forbes
AI startup Collate raised $95 million to automate life sciences paperwork, with a valuation approaching $1 billion.Summary
Two-time entrepreneur Surbhi Sarna has raised $95 million for her startup Collate, which develops AI tools to automate life sciences paperwork. The company, which emerged from stealth just 17 months ago, has signed on 50 customers, including major pharmaceutical companies and biotech firms. Sarna believes life sciences documentation will be a major AI battleground in 2026. The startup is seeing significant time savings for clients, with some documents now completed in a month or less instead of seven months. Collate's accuracy is above 90%, and it requires human verification of documents before export to ensure patient safety.
(Source：Forbes)
