Amount$55M
SeriesFunding Round
AnnouncedApr 7, 2021
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
Larger than the typical Funding Round round (3.4×).
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Funding Round rounds (425)
Round size distribution67th pct
smaller Funding Round roundslarger
vs. Healthcare, Lung, Bladder, Cancer, Diagnostics, Biomarkers, Epigenetic, Liquid Biopsy, Non-invasive, Detection (5)
Round size in sector100th pct
$3Mthis round: $55M$22M
