FOUN

Prior authorization automation for cell therapy makers.

Health & bioSeries BToronto, CA
Odds to close a Series C in 12 months65.3%Range 59%–71%
23 of 23 applicable signals known, high confidence
0.0 today+14.7 30 days
Likely to raise
+21.9 pts over the past 180 days
50%
Last roundSeries B, $97M
Led byBessemer
Months since13
Total raised$124.5M
Headcount68
Founded2019

Factors

Factors are groups of signals that can contribute to a company’s success. Each is marked positive or negative for its odds. They’re indicators, not guarantees; together, and tested against real outcomes, they become predictive.

Founders52Neutral6 of 6 signals known
Traction54Neutral3 of 3 signals known
Hiring48Neutral4 of 4 signals known
Capital72Positive4 of 4 signals known
Network74Positive3 of 3 signals known
Product54Neutral3 of 3 signals known

SignalValueEffect on odds
Network1 of 3 pushing up+0.72 net
Capital3 of 4 pushing up+0.67 net
Traction2 of 3 pushing up+0.11 net
Product3 of 3 pushing up+0.11 net
Founders2 of 6 pushing up+0.05 net
Hiring0 of 4 pushing up−0.06 net

4 signals don’t apply to Health & bio companies at Series B and aren’t counted.

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