Aionics

Case study

Aionics

About the company

Aionics is on a mission to enable a net-zero-carbon world by speeding up the transition to an all electric future. To help scientists speed up the process of identifying the right materials and processes for battery technology (a critical technology for storing renewable electricity), Aionics provides an A.I. platform and professional consulting services that help battery manufacturers, OEMs, and end users leverage the power of data

Situation

Austin Sendek was a Stanford Applied Physics Ph.D. faced with a decision point:

  • Raise seed funding to start a business – requiring VC dollars and sacrificing flexibility
  • Take a CSO-style role at a growing startup – working for someone else
  • Build a company internally with Echelon – securing the freedom to build without constraints.

By choosing to work with Echelon, Austin gained access to Echelon clients and tools, strategic consulting support, expanded shared backend services, and compensation uncapped by Aionics financials, allowing Aionics to scale sustainably to customer critical mass.

I have been empowered to build Aionics, Inc. in the way, and at the pace, that has worked best for us. Echelon has been in the background every step of the way ensuring I have the necessary tools that we need to be successful.

Austin Sendek

Cofounder and CEO, Aionics

Support provided

Seed Capital with Operating Flexibility

With revenue shortfall protection, CEO had the freedom to establish credibility and iterate value proposition without timeline constraints. This operating flexibility allowed Aionics to create an open source COVID-19 drug discovery tool and build non-revenue generating academic tools for materials research at Stanford, with a focus on long term growth.

Meaningful company building

Echelon Toolkit

Leveraging Echelon’s shared internal company building toolkit has allowed for agile software development and data scraping initiatives – which helped the company build features that are now key parts of their offering.

Strengthened Company’s Offering

Network Effect

By leveraging the credibility of the Echelon network, Aionics has been able to reach new customers and establish an advisory board with esteemed leaders from both industry and academia.

Credibility and Growth