Tech Company Financing Transactions
Elucid Funding Round
Elucid closed a $27 million Series B funding round on 6/23/2022. Investors included Biovision Ventures, BlueStone Venture Partners and Bold Brain Ventures.
Transaction Overview
Company Name
Announced On
6/23/2022
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth and its development efforts.
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.
Management Team
Title
Name
Email & Social
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