Tech Company Financing Transactions
QuantHealth Funding Round
On 10/26/2022, QuantHealth secured $2.6 million in Seed funding from Atooro Fund, Bessemer Venture Partners and Boston Millennia Partners.
Transaction Overview
Company Name
Announced On
10/26/2022
Transaction Type
Venture Equity
Amount
$2,600,000
Round
Seed
Investors
Proceeds Purpose
The funding will be used to further develop QuantHealth's platform, and expand its partnerships with global pharmaceutical companies.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
10 Karlibach St, 1st floor
Tel Aviv, Undisclosed
IL
Tel Aviv, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
Developer of artificial intelligence-based drug development data software designed to conduct patient-centric drug simulations to accelerate and de-risk drug development. The company combines data points from across the clinical and drug development spectrum, provides an AI platform that can predict patient response to both approved and novel therapies, allowing pharma and biotech customers to run variations of their clinical trials to optimize the trial design and increase the probability of trial success, all while enabling discovery of new clinical opportunities and optimization strategies.
Management Team
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