How Much Did PathAI Raise?
Funding & Key Investors

PathAI, a leader in AI-powered pathology tools and services for precision medicine, has secured significant enterprise-level funding, with a total investment reaching $180.2M. The company recently announced a major strategic investment of $165M, underscoring its pivotal role in advancing disease diagnosis and treatment efficacy, particularly in oncology.

What is PathAI?

PathAI
SoftwareHealthcare SoftwareBusiness Services

Headquartered in Boston, Massachusetts, PathAI collaborates with leading life sciences companies and researchers to drive advancements in precision medicine. The company's sophisticated AI platform is designed to enhance diagnostic accuracy and improve the effectiveness of treatments for diseases such as cancer. PathAI's technology is crucial for pathologists and researchers seeking to leverage artificial intelligence for more precise and efficient disease analysis, thereby accelerating the development of targeted therapies and improving patient outcomes.

How much funding has PathAI raised?

PathAI has raised a total of $180.2M across 3 funding rounds:

2016

Other Financing Round

$4.2M

2017

Series A

$11M

2021

Series C

$165M

Other Financing Round (2016): $4.2M with participation from Pillar VC, 8VC, Fairhaven Capital, and Refactor Capital

Series A (2017): $11M led by General Catalyst, Pillar VC, KdT Ventures, Danhua Capital, 8VC, and Refactor Capital

Series C (2021): $165M supported by Biospring Partners, 8VC, Adage Technologies, Kaiser Permanente, Tiger Global Management, General Atlantic, Polaris Partners, Bristol-Myers Squibb, Refactor Capital, General Catalyst, Merck Global Health Innovation Fund, KdT Ventures, D1 Capital Partners, and Labcorp

Key Investors in PathAI

Biospring Partners

Biospring Partners is a venture capital firm specializing in technology-enabled businesses within the pharma services sector, focusing on innovation in manufacturing and clinical trial services to enhance the life sciences industry.

8VC

8VC is a technology investment firm backing visionary teams and industry-transforming companies, with a focus on smart enterprise platforms across various sectors including healthcare and Bio-IT.

Adage Technologies

Adage Technologies is a web strategy, design, and development firm that delivers complex commerce solutions, partnering with clients to solve business problems and meet meaningful goals.

What's next for PathAI?

The substantial enterprise-level funding and recent strategic investment indicate PathAI is poised for significant scaling and further innovation. This capital infusion will likely fuel the expansion of its AI platform, enhance its research and development capabilities, and broaden its market reach within the life sciences and healthcare sectors. PathAI's continued focus on improving diagnostic accuracy and treatment efficacy suggests a strategic trajectory aimed at becoming an indispensable partner in the global effort to advance precision medicine and combat complex diseases.

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Frequently Asked Questions Regarding PathAI Financial Insights

What are the most recent funding rounds that PathAI has completed, and what were the funding rounds?
PathAI has recently completed 3 funding rounds: Series C on May 19, 2021, Series A on Nov 2, 2017, Other Financing Round on Dec 5, 2016.
What is the total amount of funding PathAI has raised to date?
PathAI has raised a total of $180.2M in funding to date.
How many funding rounds has PathAI completed?
PathAI has completed 3 funding rounds.
How much funding did PathAI raise in its most recent funding round?
PathAI raised $165M in its most recent funding round.
Who are the lead investors in PathAI's latest funding round?
The lead investor in PathAI's latest funding round was Biospring Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in PathAI's history?
The largest funding round in PathAI's history was $165M.
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