Amount$47M
SeriesSeries B
AnnouncedOct 1, 2024
Time since last round609 mo
SectorHealthcare, Patient Data, Medical Coding, Risk Analytics
Sub-sectorNatural Language Processing, Natural Language Understanding
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series B rounds (996)
Round size distribution66th pct
smaller Series B roundslarger
vs. Healthcare, Patient Data, Medical Coding, Risk Analytics (5)
Round size in sector100th pct
$2Mthis round: $47M$47M
