Amount$3M
SeriesFunding Round
AnnouncedMay 23, 2016
Time since last round690 mo
SectorHealthcare, Lung, Bladder, Cancer, Diagnostics, Biomarkers, Epigenetic, Liquid Biopsy, Non-invasive, Detection
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Funding Round round — well under the median.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Funding Round rounds (421)
Round size distribution19th pct
smaller Funding Round roundslarger
vs. Healthcare, Lung, Bladder, Cancer, Diagnostics, Biomarkers, Epigenetic, Liquid Biopsy, Non-invasive, Detection (5)
Round size in sector40th pct
$3Mthis round: $3M$22M
