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Recursion

Decoding Biology to Radically Improve Lives

Founded 2013 United States Salt Lake City, United States 761 employees IPO Total: $1.30B AI, Biotechnology +3

General Information

Company Name Recursion
Founded Year 2013
Location United States Salt Lake City, United States
Employees 761
Industries AI, Biotechnology, Health and Wellness +2
Funding Stage IPO
Business Model B2B, Platform, SaaS
Revenue Model Licensing, Subscription, Service Fee
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

New Partnership Nov 05, 2026

Portal Innovations, Recursion, and Altitude Lab are partnering to strengthen Utah's life sciences startup ecosystem.

Event Participation Nov 03, 2026

Recursion is hosting its Q3 2026 Earnings Call + FAP Webinar broadcasting live from CGA-IGC.

Board Appointment Nov 03, 2026

Recursion welcomed Fred Hassan as Chair of the Board.

IPO Announced Oct 15, 2026

Recursion announced a $200 million public offering.

AI Insight

Bounce Watch AI
1 month ago

Recursion is exhibiting significant strategic momentum, marked by its Recursion OS receiving a Fierce Pharma AI Innovation Award for AI Innovation in Drug Discovery. This recognition of its advanced AI capabilities is reinforced by the platform's demonstrated ability to cut pharmacology costs by roughly 50%. These technological validations and proven operational efficiencies, coupled with active hiring, underscore the company's focus on scaling its innovative platform and strengthening its market position.

Signal Types
Recognition Traction Hiring Product Update
Strategic Labels
AI Validation Cost Efficiency Platform Scaling
Next Move: Partnerships
·
Impact: 8/10
·
Ideal For: Growth Equity/Public Market AI Biotech Investors

About Recursion

Recursion (NASDAQ: RXRX) is at the forefront of the TechBio sector, leveraging its platform, Recursion OS, to harness advanced AI and machine learning in pursuit of transforming medicine. Founded in 2013 and headquartered in the United States, Recursion is ambitiously decoding biology with the aim of radically improving lives.

By maintaining one of the world’s largest proprietary biological and chemical datasets, Recursion has positioned itself to identify untapped opportunities in life sciences. Through its massive experimental capacity, conducting up to millions of wet lab experiments weekly, and operating a powerful supercomputer, Recursion achieves insights into trillions of relationships in biology and chemistry.

A founding member of BioHive in Salt Lake City, Recursion's global presence includes offices in Montréal, New York, London, and Oxford. The company recently secured a Post IPO Equity investment from Ark Invest on 01 December 2025, underscoring investor confidence in Recursion’s groundbreaking approach.

Business keywords: TechBio, Decoding Biology, Recursion OS, Drug Discovery, Biological and Chemical Datasets, Phenomics, Clinical-stage Biotechnology, Drug Repurposing, Immuno-oncology, Diseases of Aging, Supercomputing

Services & Products

AI-based drug discovery and development
Clinical trial management and execution
Partnerships for drug research and development
Data-driven insights and analytics for drug discovery

Target Customers

Pharmaceutical companies Biotech firms Healthcare institutions Life sciences researchers Oncology specialists

Funding Rounds & Investors (17)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity Undisclosed 1
Ark Invest
01 Dec 2025
Grant $12.50M 1
Rallybio
01 Sep 2025
Post-IPO Equity $200.00M -
01 Jun 2024
Post-IPO Equity $50.00M 1
Nvidia
01 Jul 2023
Private Placement VC $150.00M 6
Kinnevik, Invus +4
01 Oct 2022
IPO $436.40M -
01 Apr 2021
Series D $239.00M 9
Two Sigma Ventures, Obvious Ventures +7
01 Sep 2020
Series C $121.00M 12
EPIC Ventures, CRV +10
01 Jul 2019
Debt Financing $20.50M 1
Square 1 Bank
01 Jun 2018
Series B $60.00M 12
EPIC Ventures, Two Sigma Ventures +10
01 Oct 2017

View All 17 Funding Rounds

Recursion Alternatives & Competitors

View All Alternatives
Recursion vs
AQEMIA
AQEMIA France

Scale drug discovery with quantum-inspired physics and generative AI

87 employees
AI, Biotechnology
Recursion vs
Verge Labs
Verge Labs United States

Better drugs, faster. For patients who can’t wait.

Series B
28 employees
Biotechnology, Health Care
Recursion vs
Cellarity
Cellarity United States

Rewriting the rules of drug creation

Series C
61 employees
Biotechnology, Life Sciences

FAQ About Recursion

Decoding Biology to Radically Improve Lives
Recursion was founded in 2013.
Recursion is headquartered in Salt Lake City, United States.
Recursion operates in AI, Biotechnology, Health and Wellness, Pharmaceutical and Machine Learning. Its work centres on TechBio, Decoding Biology, Recursion OS and Drug Discovery. Its customers include Pharmaceutical companies, Biotech firms and Healthcare institutions.
Recursion has a B2B, Platform and SaaS business model. Its revenue comes from Licensing, Subscription and Service Fee.
Recursion has approximately 761 employees.
Recursion has completed 17 funding rounds, raising a total of $1.30B. The latest funding stage is IPO.
Recursion offers: AI-based drug discovery and development, Clinical trial management and execution, Partnerships for drug research and development, Data-driven insights and analytics for drug discovery.
Top alternatives and competitors to Recursion include AQEMIA, Verge Labs, Cellarity, Insilico Medicine, Samsara Therapeutics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Recursion and AQEMIA are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Recursion, https://www.bouncewatch.com/company/recursion, updated 5 November 2026. When citing, please name BounceWatch and link this page.

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