Tech Company Financing Transactions
Elucid Funding Round
On 11/9/2023, Elucid raised $80 million in Series C funding from Elevage Medical Technologies.
Transaction Overview
Company Name
Announced On
11/9/2023
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series C
Investors
Elevage Medical Technologies (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its commercialization efforts to provide physicians and patients with critical information to combat heart disease.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
2 Park Plaza
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Website
Email Address
Overview
Elucid is a Boston-based medical technology company using uniquely interpretable and validated AI to provide physicians with a cost-effective means to optimize treatment decisions for patients with cardiovascular disease. Advanced clinical insight from Elucid equips physicians with critical information designed to enable precision medicine. Elucid is the first FDA-Cleared and CE-marked non-invasive software to quantify atherosclerotic plaque characteristics compared to histopathology, including Lipid Rich Necrotic Core.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Blake Richards
President
Andrew Buckler
Vice President
Nasibeh Vatankhah
VP - Bus. Development
Jason Bottiglieri
VP - Engineering
Murali Ayyapillai
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