

Seismic Therapeutic is a biotechnology company advancing machine learning for immunology drug development.

As compute costs fall and models mature, sustaining a competitive edge in global drug development requires innovation across the entire data infrastructure stack. Biology-native data, agentic workflows, and lab automation will define the next generation of leading biotechs.

In this first annual report, we explain the health tech sector's recent performance and how its next cohort of growing private companies can deliver long-term value.

The fastest Centaur in enterprise software history: how they got there and how they doubled to $200M ARR in less than six months.