Total amount raised
$93 Million
Latest funding date
2023-07-13
Location
Causaly has developed a comprehensive AI platform for life sciences, combining advanced AI, a high-precision knowledge graph, and seamless adoption to enhance R&D productivity. The platform includes innovative tools like the Generative AI Copilot and the Enterprise Data Fabric, designed to maximize data utility and support scientific research.
Keep reading to explore the intricacies of Causaly's fundraising journey and the investors backing this innovative platform.
What Is Causaly?
Causaly is an AI platform tailored for the life sciences industry, aimed at reducing risk and increasing R&D productivity. It offers a range of AI tools and products, including a generative AI copilot, a high-precision knowledge graph, and an enterprise data fabric.
The platform is designed to help scientists and researchers find, interpret, and share biomedical information efficiently, thereby accelerating discovery and innovation. Causaly supports various use cases such as target identification, biomarker discovery, and disease pathophysiology, and provides extensive support for digital transformation and AI change management.
How Much Funding Has Causaly Raised?
- Seed Round
- Amount Raised: USD 1,200,000
- Date: July 2018
- Lead Investors: Marathon Venture Capital
- Series A Round (2019)
- Amount Raised: USD 4,800,000
- Date: November 2019
- Lead Investors: Pentech Ventures
- Series A Round (2021)
- Amount Raised: USD 17,000,000
- Date: May 2021
- Lead Investors: Index Ventures
- Series Unknown
- Amount Raised: USD 10,000,000
- Date: October 2022
- Series B Round
- Amount Raised: USD 60,000,000
- Date: July 2023
- Lead Investors: ICONIQ Growth
Causaly has raised a total of USD 93,000,000 across all funding rounds.
Key Investors
- ICONIQ Growth
- Details: ICONIQ Growth is a venture capital firm that partners with visionary entrepreneurs to build enduring businesses. They focus on providing strategic support and capital to help companies scale.
- Investment Focus Areas: Technology, healthcare, consumer.
- Notable Investments: Snowflake, Datadog, Uber.
- Index Ventures
- Details: Index Ventures is a global venture capital firm that invests in technology-enabled companies. They have a strong track record of supporting startups from early stages to IPO.
- Investment Focus Areas: Software, fintech, healthcare.
- Notable Investments: Dropbox, Slack, Robinhood.
- Pentech Ventures
- Details: Pentech Ventures is a UK-based venture capital firm that focuses on investing in software companies. They aim to support innovative startups with high growth potential.
- Investment Focus Areas: Software, AI, cybersecurity.
- Notable Investments: Nutmeg, Outplay, Freetrade.
- Marathon Venture Capital
- Details: Marathon Venture Capital is a seed-stage venture capital firm based in Greece. They focus on investing in technology startups with global ambitions.
- Investment Focus Areas: Technology, AI, fintech.
- Notable Investments: Netdata, Lenses.io, Cube RM.
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