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Zephyr AI raised $111 million in a Series A funding round led by Revolution Growth, Eli Lilly & Company, Jeff Skoll, and EPIQ Capital Group to develop fast and explainable AI solutions for precision medicine.

PRIVATEMar 13, 2024•about 2 years ago

Amount Raised

$111 Million

Round Type

series a

McleanBiotechnologySoftwareData And AnalyticsHealth CareScience And EngineeringArtificial Intelligence

Investors

Epiq Capital GroupJeff SkollEli Lilly & CompanyRevolution Growth

Description

Zephyr AI closed a $111 million Series A funding round with participation from Revolution Growth, Eli Lilly & Company, Jeff Skoll, and EPIQ Capital Group, among others. The funding will be used to enhance analytical speed, fortify training and validation data sets, and expand scientific and commercial teams to expedite the delivery of insights to the market.

Company Information

Company

Zephyr AI, Inc.

Location

PARKLAND HALL AT OLD PARKLAND

Mclean, Virginia, United States

About

Zephyr AI is a high-growth healthcare technology company committed to radically reshaping traditional approaches to drug discovery and precision medicine. Through partnerships and proprietary data, Zephyr AI is curating the world’s most comprehensive healthcare dataset and marrying it with cutting-edge artificial intelligence algorithms to generate novel, translatable insights to build tools and products that support both patients and providers and fuel ongoing research. At Zephyr AI, our mission-focused team of world-class software engineers and biologists leverage big data and cutting-edge technology to derive transformational insights and build enduring partnerships that will revolutionize the treatment of cancer, diabetes, and other diseases.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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