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Quanthealth Announces $15M Series A For Its Ai Platform That Enhances Success Of Clinical Trials

PRIVATEAug 31, 2023

Amount Raised

$15 Million

Round Type

Series A

Tel AvivBiotechnologyHealth Careresearch

Investors

Pitango Health TechShoni Top VenturesNina CapitalBoston Millennia PartnersAtooro FundRenegade VenturesBertelsmann Investments

Description

QuantHealth, an AI-powered clinical trial design startup, today announced that it has raised a $15 million Series A funding round co-led by Bertelsmann Investments and Pitango HealthTech, with participation from existing investors Shoni Top Ventures and Nina Capital. Previous investors include Boston Millennia Partners, Atooro Fund, and Renegade Ventures. QuantHealth has received $20M in external funding to date.

Quick answer

QuantHealth raised $15 Million in a Series A round, dated August 31, 2023. Investors: Pitango Health Tech, Shoni Top Ventures, Nina Capital, Boston Millennia Partners, Atooro Fund, Renegade Ventures and Bertelsmann Investments. QuantHealth is based in Tel Aviv, Tel Aviv District, Israel.

How much did QuantHealth raise?
QuantHealth raised $15 Million in a Series A round on August 31, 2023.
Who invested in QuantHealth?
Pitango Health Tech, Shoni Top Ventures, Nina Capital, Boston Millennia Partners, Atooro Fund, Renegade Ventures and Bertelsmann Investments are named as investors in this round.
What does QuantHealth do?
QuantHealth is an AI company conducting patient-centric drug simulations to accelerate and de-risk drug development.
Where is QuantHealth based and how big is it?
QuantHealth is based in Tel Aviv, Tel Aviv District, Israel. Fundz records about 62 employees.
Who are the decision-makers at QuantHealth?
Fundz holds 1 contact at QuantHealth. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in research and Biotechnology around the same time

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

  • SeaBeLife raised $1.3M (Seed) on September 27, 2023.
  • Aptose Biosciences raised $3M (Seed) on September 6, 2023.
  • Epigenic Therapeutics raised $32M (Series A) on August 30, 2023.
  • Bionano Genomics raised $35M on October 13, 2023.
  • Greenbrook TMS raised $1.5M (Seed) on October 13, 2023.
  • RDS raised an undisclosed amount (Seed) on October 12, 2023.

Who to call at QuantHealth, and when

A new round usually means QuantHealth is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

QuantHealth

Location

8 הארבעה

Tel Aviv, Tel Aviv District, Israel

About

QuantHealth is an AI company conducting patient-centric drug simulations to accelerate and de-risk drug development. Over 90% of drugs in clinical development stage fail to reach the market, which accumulates to a $45B/year direct lost to the pharma and biotech industry. Our platform allows our pharma and biotech partners to rapidly run thousands of variations of their clinical trials to optimize the trial design and significantly increase the probability of trial success, all while enabling discovery of new clinical opportunities and optimization strategies. QuantHealth has one the largest integrated datasets that spans the clinical, pharmacological and biological domains together with a proprietary AI platform that can predict patient-response to both approved and novel therapies.

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Fundz sees it the moment QuantHealth raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

QuantHealth 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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