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Collate Raises $95 Million ...

Updated Oct 12, 2026

SOLD

Collate Raises $95 Million In Series A Funding Led By Redpoint Ventures

Building Size

—

Asset Type

—

Closing

Jun 4, 2026

About this deal

AI

Collate has raised $95 million in a Series A funding round led by Redpoint Ventures, reaching a valuation approaching $1 billion. This investment has brought Collate's total funding to $125 million, reflecting rapid growth since its emergence from stealth just 17 months ago.

Summary of transaction details:

  • Deal Type: Series A
  • Transaction Amount: $95,000,000
  • Company: Collate
  • Founder: Surbhi Sarna
  • Headquarters: San Francisco, California
  • Notable Investors: Redpoint Ventures, First Round Capital, Conviction Partners

Collate was founded by Surbhi Sarna, a two-time entrepreneur and former YC partner, and is focused on building AI tools that automate life sciences documentation and regulatory paperwork. The company has rapidly expanded its customer base to roughly 50 clients since its first enterprise deal in May 2025, engaging with major pharma, medtech, and biotech firms as it meets the increasing demand for AI-driven efficiency in the sector.

Players

Conviction
ConvictionBuyer

Surbhi Sarna

Collate

Seller

1 deal

Seller

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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