Cromatic

About

Cromatic Inc. is a biotech software company based in San Francisco, founded in 2022 by CEO Ann Lin and CTO Anne Chen. The company focuses on enhancing outsourced R&D processes for biotech and pharmaceutical firms through its digital platform. This platform addresses challenges in partner discovery, project management, and collaboration across institutions. Cromatic offers a CRO Marketplace, featuring a network of over 100 vetted Contract Research Organizations (CROs) to help clients find suitable partners. Their Integrated Project Management Platform includes tools for task delegation, milestone tracking, and payment processing, along with real-time dashboards and automated billing. Additionally, they provide Workflow Solutions for project onboarding, budget allocation, and compliance management, integrating with third-party software like Basecamp. Cromatic serves around 50 biotech companies and manages over $15 million in R&D budgets. The company is backed by several investors and has raised $5.3 million in funding to enhance its platform and expand its client base.