Funding round
Aidoc Series B
Aidoc, which works in clinical AI solutions development in New York, raised $27M in a Series B round announced on 17 Apr 2019, led by Square Peg. 1 firm took part. It is Aidoc's first venture round on record.
$27M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Aidoc did not disclose a valuation in this round. It is Aidoc's first venture round on record, 3 years after it was founded in 2016. It is 5.4% of the $503M Aidoc has raised in the venture rounds on record. Aidoc raised again 27 months later: a Series C round of $66M in Jul 2021.
Aidoc's funding rounds
Aidoc has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Other not a venture round 26 Apr 2017, led by TLV Partners $7.0M
- Series B this round 17 Apr 2019, led by Square Peg $27M
- Series C 13 Jul 2021, led by General Catalyst $66M
- Series D 16 Jun 2022, led by Technology Crossover Ventures and Alpha Intelligence Capital $110M
- Growth 24 Jul 2025, led by General Catalyst and Square Peg $150M
- Series E 29 Apr 2026, led by Goldman Sachs and Growth Equity at Goldman Sachs Alternatives $150M
Investors
Who put money in
Square Peg led the round.
Lead investor
- backs 55 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations.
- Scaling operations
Comparable rounds
How it compares
508 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $21M, and this round was 1.3 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| SambaNova Tech Companies | 1 Apr 2019 | $150M | not disclosed | Intel Capital |
| Harness Tech Companies | 23 Apr 2019 | $60M | $500M | Institutional Venture Partners and GV |
| Tech Companies | 17 Apr 2019 | $41M | not disclosed | not named |
| Tech Companies | 29 Apr 2019 | $37M | not disclosed | Spark Capital |
| Chainalysis Tech Companies | 16 Apr 2019 | $36M | not disclosed | Accel |
| Tech Companies | 1 Apr 2019 | $35M | not disclosed | Viola Ventures |
| Tech Companies | 30 Apr 2019 | $34M | $161M | Summit Partners |
| Tech Companies | 29 Apr 2019 | $31M | not disclosed | Goldman Sachs Investment Partners |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Aidoc raise in its Series B round?
Aidoc raised $27M in its Series B round, announced in Apr 2019.
Who led Aidoc's Series B round?
Square Peg led it.
What was Aidoc's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
508 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $21M, and this round was 1.3 times the median.
Did Aidoc raise again after this round?
Yes: a Series C round in Jul 2021 of $66M.