Why Amplify invested in InterVenn BioSciences

Why we invested in

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Why Amplify invested in InterVenn BioSciences

About Amplify

Amplify Partners invests in technical founders solving technical problems for the enterprise.

  • Menlo Park, California, United States
  • 11-50
  • Venture Capital
  • Early Stage Venture, Late Stage Venture, Seed
  • www.amplifypartners.com

About InterVenn BioSciences

InterVenn unlocks the glycoproteome using artificial intelligence for the development of transformational healthcare solutions in DX and Rx.

  • South San Francisco, California, United States
  • 101-250
  • Series C
  • Private
  • intervenn.com

Our Investment in InterVenn BioSciences

Announcing InterVenn BioSciences

Leveraging Glycoproteomics and AI for Advanced Disease Diagnosis

Today I am very excited to announce Amplify Partner’s investment in InterVenn BioSciences, a company leveraging mass spectrometry-based glycoproteomics and artificial intelligence to enable biomarker discovery and disease diagnosis.

InterVenn Team 2018
InterVenn Team 2018

Our excitement for InterVenn begins with an exceptionally talented founding team led by CEO Aldo Carrascoso and fellow co-founders Lieza Danan-Leon, Carlito Lebrilla, and Carolyn Bertozzi.

InterVenn is one of the first and only teams both brave and competent enough to deliver a computational proteomics platform. Although strong evidence supports the causal role of proteins in disease pathology, large-scale analysis of proteins has been costly and time-consuming and access to high-quality, consistent proteomics data has been limited.

However, the InterVenn team is uniquely positioned to innovate in this field by balancing scientific rigor with technological agility. With intellectual heavyweights in mass spectrometry and artificial intelligence, the InterVenn team is building automated sample preparation, cloud-based quality control, and deep learning algorithms to overcome these bottlenecks and scale from the biomedical research laboratory into the clinic.

At Amplify, we believe that new computing technologies and artificial intelligence will enable the development of lower cost, higher quality, more personalized diagnostics, and therapies.

However, most companies using AI for biomarker discovery are focused on genomics despite the fact that genomics don’t tell the full story and remain mostly unchanged throughout the lifetime of an individual.

Aldo and his team have deliberately chosen to focus on proteins — the building blocks of the body. Their highly differentiated approach is underpinned by a deep understanding of the clinical relevance of proteomics and the role glycosylation, one of the most important forms of post-translational modification, plays in cancer, inflammatory, and degenerative disease.

With their first product, a laboratory test for ovarian cancer, the InterVenn team is showing the world that more sensitive detection of glycosylation changes and abnormalities can enable higher precision diagnosis.

Conclusion

For years, ovarian cancer has been called the “silent killer” because it’s a difficult cancer to detect, especially during the early stages.

As a result, each year, thousands of women die because their ovarian cancer was misdiagnosed or detected too late. Given the close correlation between the stage of discovery and survival rates, we believe that early detection of ovarian cancer represents an inspiring opportunity for the InterVenn team to save lives.

We’re energized by InterVenn’s commitment to this problem and the team’s

 

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