Revolutionizing Medical Ai Development: Flywheel Announces $54 Million In Series D Funding Led By Novalis Lifesciences And Nventures
Jun 27, 2023•about 2 years ago
Amount Raised
$54 Million
Investors
NvidiaFaegre Drinker Biddle & Reath LlpGreat North VenturesSeraphGundersen Health SystemI SelectIntuitive VenturesHewlett Packard EnterpriseBeringea8 VcInvenshureMicrosoftN VenturesNovalis Life Sciences Llc
Description
Flywheel, the leading medical imaging data and AI platform, announces it has raised $54 million in Series D funding with more to come soon. This latest round of funding was co-led by Novalis LifeSciences LLC and NVentures, NVIDIA’s venture capital arm. Microsoft also participated in the round, along with insiders Invenshure, 8VC, Beringea, Hewlett Packard Enterprise, Intuitive Ventures, iSelect, Gundersen Health System, Seraph, and Great North Ventures. Faegre Drinker Biddle & Reath LLP served as counsel to Flywheel in connection with the financing.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech