Funding round
Aidoc Series C
Aidoc, which works in clinical AI solutions development in New York, raised $66M in a Series C round announced on 13 Jul 2021, led by General Catalyst. 1 firm took part. It is Aidoc's second venture round on record; the one before was a Series B in Apr 2019.
$66M
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 came 27 months after Aidoc's Series B. It is 13% of the $503M Aidoc has raised in the venture rounds on record. Aidoc raised again 11 months later: a Series D round of $110M in Jun 2022.
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 17 Apr 2019, led by Square Peg $27M
- Series C this round 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
General Catalyst led the round.
Lead investor
- General Catalyst backs 574 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
502 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was close to the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 7 Jul 2021 | $235M | not disclosed | not named |
| Tech Companies | 27 Jul 2021 | $200M | not disclosed | SoftBank Vision Fund |
| Tech Companies | 21 Jul 2021 | $180M | not disclosed | Temasek |
| Tech Companies | 15 Jul 2021 | $150M | not disclosed | SoftBank Vision Fund |
| Tech Companies | 5 Jul 2021 | $150M | $1.70B | Bain Capital Ventures and Thrive Capital |
| Tech Companies | 15 Jul 2021 | $113M | not disclosed | Valor and Atreides Management |
| Tech Companies | 28 Jul 2021 | $113M | not disclosed | PSG |
| Tech Companies | 28 Jul 2021 | $105M | not disclosed | General Atlantic |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Aidoc raise in its Series C round?
Aidoc raised $66M in its Series C round, announced in Jul 2021.
Who led Aidoc's Series C round?
General Catalyst led it.
What was Aidoc's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
502 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was close to the median.
Did Aidoc raise again after this round?
Yes: a Series D round in Jun 2022 of $110M.