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Kythera Labs Announces $20 Million Funding To Accelerate Growth Of Its Wayfinder Data Technology Platform

PRIVATENov 07, 2023

Amount Raised

$20 Million

Round Type

Funding Round

FranklinSoftwareData And AnalyticsHealth Care

Investors

DatabricksDatavantCibcBIP Ventures

Description

Kythera Labs, a leading healthcare technology and data analytics company for the Healthcare and Life Sciences industries, announces $20 Million in Series A and debt financing from BIP Ventures and CIBC. The company will use the funds to support the continued growth and scale of Wayfinder, its data-transforming technology platform, and accelerate the development and adoption of new and existing offerings. Kythera also plans to leverage financing to expand partnerships with industry leaders such as Datavant and Databricks.

Who else raised in Data And Analytics and Software around the same time

Companies in the same sectors as Kythera Labs that raised within 45 days of this round, from Fundz verified event records.

  • GelSana Therapeutics raised $3.5M (Seed) on November 20, 2023.
  • Zephyr AI, Inc. raised $111M on October 27, 2023.
  • Holmusk raised $30M on September 29, 2023.
  • Luna Innovations Incorporated raised $50M (Corporate Round) on December 21, 2023.
  • Luna Innovations Incorporated raised $50M on December 21, 2023.
  • Atavistik Bio raised $40M (Funding Round) on December 19, 2023.

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Company Information

Company

Kythera Labs

Location

Franklin, Tennessee, United States

About

Kythera Labs is an information technology company exclusively focused on healthcare. Its cloud-based Wayfinder platform enables organizations to rapidly integrate, access, and analyze healthcare data with scale and speed. Pre-configured data pipelines, data science toolkits, and mastered data sets are built to support user's data and can also be supplemented with data from more than 310 million US patients. Healthcare providers, life sciences companies, payers, analytics companies, and researchers benefit from increased access to data, superior data quality and volume, and processing efficiency which create competitive advantages in commercial and clinical markets.

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Kythera Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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