SUMB

Prior authorization automation for biotech labs.

Health & bioSeries ASalt Lake City, UT
Odds to close a Series B in 12 months45.9%Range 31%–62%
20 of 24 applicable signals known, low confidence
0.0 today−3.2 30 days
Toss-up
+17.5 pts over the past 180 days
25%50%
Last roundSeries A, $14M
Led byForerunner
Months since16
Total raised$23.4M
Headcount18
Founded2023

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.

Founders53Neutral5 of 6 signals known
Traction51Neutral2 of 3 signals known
Hiring56Positive3 of 5 signals known
Capital50Neutral4 of 4 signals known
Network69Positive3 of 3 signals known
Product55Neutral3 of 3 signals known

SignalValueEffect on odds
Network1 of 3 pushing up+0.57 net
Hiring1 of 5 pushing up+0.16 net
Product3 of 3 pushing up+0.13 net
Founders3 of 6 pushing up+0.07 net
Traction1 of 3 pushing up+0.03 net
Capital1 of 4 pushing up−0.01 net

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

Connect your CRM, score your own pipeline and test the signals your team believes in. The ones that hold up feed your Venture Decision Model.

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