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Proscia Raises $23M in Series B Funding Led by Scale Venture Partners

PRIVATEDec 01, 2020

Amount Raised

$23 Million

Round Type

Series B

PhiladelphiaInformation TechnologySoftware

Description

Proscia®, a leading provider of digital and computational pathology solutions, has secured $23 million in Series B funding led by Scale Venture Partners, with participation from Hitachi Ventures, the strategic corporate venture capital arm of Hitachi, Ltd., bringing its funding total to $35 million. The company will use the investment to accelerate its global growth and strengthen its position of leadership in transforming cancer research and diagnosis at a time when demand for modernizing pathology is higher than ever.

Quick answer

Proscia raised $23 Million in a Series B round, dated December 1, 2020. Proscia is based in Philadelphia, Pennsylvania, United States.

How much did Proscia raise?
Proscia raised $23 Million in a Series B round on December 1, 2020.
What does Proscia do?
Proscia is a software company accelerating pathology’s transition to a digital, data-driven discipline and enabling AI to advance precision medicine.
Where is Proscia based and how big is it?
Proscia is based in Philadelphia, Pennsylvania, United States. Fundz records about 103 employees.
Who are the decision-makers at Proscia?
Fundz holds 1 contact at Proscia, including the Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

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

  • EquipmentShare raised $65M on January 15, 2021.
  • Gtmhub USA, Inc. raised $30M on January 14, 2021.
  • Starburst raised an undisclosed amount on January 14, 2021.
  • AvidXchange raised $5M on January 14, 2021.
  • X1 Card raised $12M (Funding Round) on January 14, 2021.
  • Brij raised $700K (Seed) on January 14, 2021.

Who to call at Proscia, and when

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Company Information

Company

Proscia

Location

1700 MARKET STREET

Philadelphia, Pennsylvania, United States

About

Proscia is a software company accelerating pathology’s transition to a digital, data-driven discipline and enabling AI to advance precision medicine. Its Concentriq enterprise pathology platform, precision medicine AI portfolio, and real-world data fuel the development and use of novel therapies and diagnostics to drive the fight against humanity’s most challenging diseases, like cancer. 16 of the top 20 pharmaceutical companies and a global network of diagnostic laboratories rely on Proscia’s solutions each day. The company has FDA 510(k) clearance and CE-IVDR certification for its diagnostic software.

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Related People

1 contact
Verified contactsColeman S., DirectorSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.