Note: This is an AI-generated memo produced using our in-house tool (in Beta) and provides key qualitative information on the startup
Saikiran Chandha, CEO
Saikiran Chandha is the CEO of SciSpace, a company that leverages AI technology to create a research assistant. Chandha has been serving this role since September 2021 and has shown leadership in not only this position but also as a council member at the California State University and a board member at Fast Company, contributing his expertise to the entrepreneurship industry. He honed his entrepreneurial skills at Stanford University Graduate School of Business and acquired his technical abilities at Vellore Institute of Technology where he obtained a Masters in Software Engineering. Besides business and engineering, Chandha contributes to Mozilla as a volunteer and has been recognized by AngelHack with two awards.
Shanu Kumar, Co-Founder
Shanu Kumar is a co-founder at SciSpace. Like Chandha, Kumar also studied Innovation and Entrepreneurship at Stanford University Graduate School of Business. Prior to co-founding SciSpace, Kumar served as a Technical Associate at I-Runway and volunteered as a Data Miner at Aarohan. Kumar's technical skills, primarily Matlab and Solidworks, were developed during his Bachelor of Technology in Electrical Engineering at the Indian Institute of Technology, Kharagpur. His contributions have been recognized by the Government and Delhi Public School.
Chandha and Kumar's past joint experience is rooted in their time at Stanford University Graduate School of Business. They both studied Innovation and Entrepreneurship, with Chandha's tenure from 2015 and Kumar's from 2013. Both co-founders applying their combined knowledge of engineering - Chandha's software engineering skills and Kumar's electrical engineering skills - to SciSpace has been instrumental in its growth. Their education and work experience inform their understanding of the field, ensuring they are familiar with the current trends and technologies, vital for an AI-centered company like SciSpace.
In 9 months since launch, Scispace has achieved 3X more engagement time and pages per visit than the leading players such as ResearchGate and Academia.edu.
SciSpace and ChatPDF are both significant players in the domain of research paper accessibility. While they both leverage AI to help users grasp intricate research papers, SciSpace goes a step further with a holistic end-to-end workspace. This includes a vast network of interlinked papers and an impressive database of over 200 million research papers, accentuating its commitment to foster scientific progress.
Elicit, another notable competitor in the field of research paper management, offers an efficient platform like SciSpace for researchers. However, SciSpace's edge lies in its innovative AI-enhanced focus. Not only does it give broad access to papers, but it also simplifies the research process, delivering concise answers, enhancing collaboration, and automating tasks. This integrated approach hastens scientific breakthroughs, setting it ahead of rivals like Elicit.
Explainpaper is a contender in the realm of reading and comprehension of academic content. Although both SciSpace and Explainpaper seek to simplify understanding through AI, SciSpace's offerings are more expansive. With its vast database, emphasis on collaboration, and efficiency-driven features, SciSpace ensures seamless access, research process streamlining, and speedy information retrieval, making it a preferred choice for many
Iris.ai is another competitor vying to provide superior research workspace platforms. And while both deploy AI for assisting researchers, SciSpace's more rounded approach makes it stand out. Apart from advanced search and filtering options, SciSpace offers succinct explanations and solutions through its AI network, coupled with features that eliminate redundancy. Its mammoth data collection and commitment to demystifying research findings position it as a potent collaboration platform.
In the realm of AI-powered content summarization, AI-summarizer is a notable mention. But again, SciSpace stands distinct by offering more than mere summarization. It ensures an interactive workspace where multiple stakeholders can collaborate. With a database that boasts 200 million research papers and 50 million Open Access full-text PDFs, it delivers straightforward explanations and connects users to a web of relevant papers, giving a unified, efficient research experience.
Scite, operating in the sphere of scientific research discovery and evaluation, shares the mission with SciSpace to aid researchers in locating pertinent information. But SciSpace's comprehensive workspace, enriched with AI functionalities and an extensive database, ensures smoother collaboration, swift task execution, and rapid information scouting.
Comparing SciSpace to SciSummary in the realm of scientific article summarization, both harness AI to aid researchers. Yet, SciSpace offers a more evolved experience. Beyond just summarizing, it allows for collaboration, task automation, and broad database exploration. Its considerable metadata collection further distinguishes it from SciSummary, marking it as a prime tool for researchers.
Scispace has raised a total funding of $4.5M in total by Inventus, SVQ, and few other notable angel investors.