Congratulations to Proscia for raising $50M to advance AI-driven pathology and deliver the future of precision medicine!
We've raised $50M to advance AI-driven pathology and deliver the future of precision medicine! ?? Read the release for details: https://bit.ly/4bFiY8L Pathology is the bedrock of up to 70% of clinical decisions and every new drug brought to market—yet it remains one of the last fields in medicine to fully modernize despite rising case volume and a shrinking workforce. We believe that pathologists, scientists, and the patients they serve deserve more. With this funding, we will advance our mission to rewire pathology by growing our footprint and advancing Concentriq, with a focus on weaving AI into its core. This will enable us to: ?? Speed up the development of novel therapies ? Accelerate diagnosis ?? Match more patients with the best course of treatment Thank you to Insight Partners, Alpha Intelligence Capital, and Triangle Peak Partners for leading the round, to our other investors Avenue Capital Group, Emerald Development Managers LP, Green Park & Golf Ventures, Fusion Fund, Interwoven Ventures, and Razor's Edge Ventures, and to our customers, partners, and the #digitalpathology community for joining us on our journey. “Insight has had a long-standing thesis on digitization and AI in pathology, and we've been waiting for a winner to emerge,” said Scott Barclay, Managing Director at Insight Partners. “Proscia is poised to be that leader. With its fast-growing customer base and strong champions of its product, it will continue to solidify its position as digital pathology moves into the mainstream.”