PreciseDx raised $20.7M in a Series B funding led by Eventide Asset Management to advance its AI-based breast cancer risk assessment.
Aug 21, 2024•11 months ago
Amount Raised
$20.7 Million
Round Type
series b
Investors
Gen Henn Capital VentureQuest DiagnosticsLabcorpEventide Asset Management
Description
Cancer diagnostics startup PreciseDx secured $20.7 million in Series B funding to boost its commercialization efforts for an AI-driven breast cancer risk assessment. The round was supported by notable investors including Labcorp, Quest Diagnostics, and GenHenn Capital Venture.
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