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- StoneWise
StoneWise Funding, Investors & Competitors
StoneWise has raised $110M across 2 funding rounds, most recently a $100M Series B in April 2021.
Last StoneWise funding round
$100M
Series B · Apr 2021
Cumulative funding StoneWise raised
$110M
across 2 funding rounds
Key investors in StoneWise
Hillhouse Ventures
Long Hill Capital
Legend Capital
SIG China (SIG Asia Investments)
Eastern Bell Capital
Lightspeed China Partners
GL Ventures LLC
Linear Venture
About StoneWise
StoneWise is a Beijing-based AI drug discovery company founded in 2018. Its platform integrates artificial intelligence, microfluidics, computational chemistry, and biology to accelerate early-stage R&D. Tools include medical knowledge graphs, privileged scaffold identification, molecular generation, reaction prediction, and synthesis planning. StoneWise partners with pharmaceutical firms, universities, and research institutions in China to enhance discovery efficiency.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
StoneWise Funding History
StoneWise has raised a total of $110M across 2 funding rounds.
StoneWise's first fundraising round was a $10M Series A in March 2020. The most recent completed round was a $100M Series B in April 2021.
StoneWise funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2021 | Series B | Greater Bay Area Homeland Development Fund (lead); Legend Capital (lead); Lightspeed China Partners (lead); GL Ventures LLC; Hillhouse Ventures; Linear Capital Partners; Long Hill Capital; SIG China (SIG Asia Investments); Eastern Bell Capital | $100M | StoneWise is a Beijing-based medical technology company founded in 2018 that uses artificial intelligence to accelerate small molecule drug discovery. The company provides researchers with an AI-enabled drug development platform powered by technologies including AI algorithms, computational chemistry, pharmaceutical chemistry, and computational biology, enabling the drug development process to be more time-efficient and cost-effective. In April 2021, StoneWise completed combined Series B and B+ financing rounds raising $100 million total. The Series B round was led by Legend Capital, while the Series B+ round was co-led by Greater Bay Area Community Development Fund and Lightspeed China. Additional investors included Eastern Bell Capital, GL Ventures, Long Hill Capital, and existing shareholders Hillhouse Ventures, SIG, and Linear Capital who made follow-on investments. The company planned to use the proceeds to recruit and retain world-leading talent, upgrade its AI-enabled drug discovery platform, and advance innovation in small molecule drug R&D. As context, drug development typically takes 10-15 years and costs around $2.6 billion on average, making StoneWise's AI-driven approach significant for improving efficiency in pharmaceutical development. |
| Mar 2020 | Series A | Hillhouse Ventures (lead); Long Hill Capital (lead); Linear Venture | $10M | StoneWise, a company backed by investors such as Hillhouse Ventures, Linear Venture, and Long Hill Capital, completed a Series A funding round on March 16, 2020. This round followed a Seed VC round on July 23, 2019, and preceded a Series A - II on September 9, 2020. Hillhouse Ventures participated in multiple rounds including Series A, Series A - II, Series B, and Series B - II. StoneWise has raised a total of $100M across six funding rounds as of April 2021, with nine investors overall. Linear Venture invested in the Series B - II round. |
Who has invested in StoneWise?
10 investors have backed StoneWise across its funding rounds, including Hillhouse Ventures, Long Hill Capital, Legend Capital, SIG China (SIG Asia Investments), Eastern Bell Capital and Lightspeed China Partners.
Lead investors include Greater Bay Area Homeland Development Fund, Legend Capital, Lightspeed China Partners, Hillhouse Ventures and Long Hill Capital.
StoneWise Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Mar 2020 | ||
| 2 | Lead | Mar 2020 | ||
| 1 | Lead | Apr 2021 | ||
| 1 | Lead | Apr 2021 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Participant | Mar 2020 | ||
| 1 | Lead | Apr 2021 | ||
This data is available for Pro users. Sign up to see all 10 StoneWise investors. Start Free Trial | ||||
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Start Free TrialStoneWise Competitors
StoneWise competitors include listed companies like Eli Lilly and Johnson & Johnson, and private ones like Genesys, Glean, Legora and Factory.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $2.1B | $900M | $15B | 7.1x | ||
| Private | $100M | - | $7.2B | 72.0x | ||
| Private | $100M | - | $5.6B | 56.0x | ||
| Private | - | - | $5B | - | ||
| Publicly listed | $65B | $28B | $1.0T | 13.1x | ||
| Publicly listed | $94B | $40B | $651B | 6.8x |
StoneWise Public Comps
StoneWise is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Palantir, Merck, Roche, Novartis, AstraZeneca, CrowdStrike and SAP.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $65B | $28B | 16.5x | 13.1x | 38.7x | 27.0x | |||
| $94B | $40B | 7.2x | 6.8x | 17.0x | 18.3x | |||
| $61B | $17B | 8.7x | 8.1x | 30.6x | 17.6x | |||
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $65B | $28B | 6.3x | 6.2x | 14.7x | 21.0x | |||
| $77B | $26B | 5.0x | 4.9x | 14.6x | 12.4x | |||
| $57B | $22B | 5.5x | 5.5x | 14.2x | 13.3x | |||
| $59B | $19B | 4.8x | 4.5x | 14.6x | 12.7x | |||
This data is available for Pro users. Sign up to see all StoneWise competitors and their valuation data. Start Free Trial | ||||||||
Common questions about StoneWise
| When was StoneWise founded? | StoneWise was founded in 2018. |
| Where is StoneWise headquartered? | StoneWise is headquartered in Beijing, China. |
| Is StoneWise publicly listed? | No, StoneWise is a private, VC-backed company. |
| How much funding has StoneWise raised? | StoneWise has raised $110M across 2 funding rounds. |
| What was StoneWise's last funding round? | StoneWise's last funding round was a $100M Series B in April 2021, led by Greater Bay Area Homeland Development Fund, Legend Capital and Lightspeed China Partners. |
| Who are StoneWise's investors? | StoneWise's investors include Hillhouse Ventures, Long Hill Capital, Lightspeed China Partners, Greater Bay Area Homeland Development Fund, GL Ventures LLC, Linear Capital Partners, Linear Venture, Legend Capital, SIG China (SIG Asia Investments) and Eastern Bell Capital. |
| Which companies are comparable to StoneWise? | Companies comparable to StoneWise include Genesys, Glean, Legora, Factory, Eli Lilly and Johnson & Johnson. |
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