PathAI
PathAI Raises $165M in Series C
Quick Facts
PathAI Raises $165M in Series C
PathAI has successfully raised $165M in a Series C at a $500M valuation led by Tiger Global, General Atlantic.
Company Overview
PathAI is a HealthTech company headquartered in Boston, MA, founded in 2016 with 250+ employees.
AI-powered pathology platform
Fundraising Details
- Amount Raised: $165M
- Round Type: Series C
- Valuation: $500M
- Date: 2021-05-18
- Investors: Tiger Global, General Atlantic
About PathAI
AI-powered pathology platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Boston, MA
- Founded: 2016
- Team Size: 250+
- Industry: HealthTech
What This Means
This funding round demonstrates strong investor confidence in PathAI's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. PathAI's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $500M valuation marks an important milestone for PathAI, positioning the company among notable players in the HealthTech industry.
Looking Ahead
With this new capital, PathAI is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2021-05-18. For more information about PathAI, visit their headquarters at Boston, MA.
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