Beach Equity and new CCO’s investment into Sonrai

Wilson Partners provided financial and tax due diligence to Beach Equity to support the investment into Sonrai.

Deal overview

Beach Equity and new CCO’s investment into Sonrai will help the medical AI company accelerate growth.

Prof. Darragh McArt, CEO and Founder, Sonrai commented “We are really proud of the progress we are making. The combination of the new funding and Chris joining our team is a huge vote of confidence in the momentum we have built. The team is excited to continue to lead the provision of service to those developing precision medicines with our cutting-edge AI and data-driven insights.”

Tommy O’Sullivan, Managing Partner, Beach Equity Investments commented “We are delighted to be working with Sonrai at such an exciting period of their expansion. Sonrai has positioned itself as the leader in the support required to develop precision medicines and look forward to supporting Darragh and the team as they continue to push forward.”

About the parties

Sonrai Analytics, founded in 2018, is an AI precision medicine technology company. Sonrai’s flagship product, Sonrai Discovery, expedites identifying and developing drug or therapeutic targets, improving patient outcomes through AI. The company partners with biotechnology and pharmaceutical companies to manage and analyse their precision medicine data. By leveraging Sonrai Discovery, these companies can confidently select compounds with the highest potential for success in clinical trials, accelerating drug development and mitigating the risk of failures during human trials.

Beach Equity is a private equity investor which specialises in investing in businesses which are using technology to transform the way businesses are progressing. The partners at Beach Equity have extensive experience of supporting business through rapid periods of growth.

Corporate Finance Director, Tom Bradbury commented: “Through cutting-edge AI and data-driven insight, Sonrai have cemented a strong position for themselves in an innovative and exciting market. Now, with the support of the experienced investors at Beach, we look forward to seeing all they can achieve on their next phase of growth. As always, it was a pleasure supporting Beach Equity on this transaction and we look forward to working with them again in the future.”