Funding round
Skin Analytics Series B
Skin Analytics, which works in AI dermatology platform development in London, raised $20M in a Series B round announced on 16 Apr 2025, led by Intrepid Growth Partners, at a $70M post-money valuation. 1 firm took part. It is Skin Analytics' second venture round on record; the one before was a Series A in Sep 2020.
$20M
Amount raised
15,000,000 GBP converted
$70M
Post-money valuation
1
Investors
1 lead
28%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Skin Analytics at $70M after the new money. The $20M bought investors about 28% of the company. It came 55 months after Skin Analytics' Series A. It is 79% of the $25M Skin Analytics has raised in the venture rounds on record. No later venture round is on record for Skin Analytics.
Skin Analytics' funding rounds
Skin Analytics has 2 venture rounds on record. This one is highlighted.
- Series A 10 Sep 2020, led by Hoxton Ventures $5.2M
- Series B this round 16 Apr 2025, led by Intrepid Growth Partners $20M$70M post-money
Investors
Who put money in
Intrepid Growth Partners led the round.
Lead investor
- backs 8 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
74 Series B rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $29M, and this round was 69% of the median. The closest in time, other companies' Series B rounds in Medical Supply Manufacturers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Medical Supply Manufacturers | 29 Apr 2025 | $30M | not disclosed | Avenue Capital Group |
| Medical Supply Manufacturers | 24 Apr 2025 | $29M | not disclosed | not named |
| Medical Supply Manufacturers | 17 Apr 2025 | $25M | not disclosed | Bender Analytical Holding B.V. |
| Medical Supply Manufacturers | 29 Apr 2025 | $10M | not disclosed | Legacy Lead Investor |
| Medical Supply Manufacturers | 18 Apr 2025 | $6.0M | not disclosed | Kickstart |
| Medical Supply Manufacturers | 1 May 2025 | $82M | not disclosed | Dragonball Capital and Lilly Asia Ventures |
| Medical Supply Manufacturers | 27 May 2025 | $60M | not disclosed | Innovation Industries |
| Medical Supply Manufacturers | 1 May 2025 | $42M | not disclosed | Earlybird and Wellington Partners |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Skin Analytics raise in its Series B round?
Skin Analytics raised $20M in its Series B round, announced in Apr 2025.
Who led Skin Analytics' Series B round?
Intrepid Growth Partners led it.
What was Skin Analytics' valuation at the Series B round?
$70M post-money.
How does it compare with other Series B rounds in Medical Supply Manufacturers?
74 Series B rounds in Medical Supply Manufacturers within a year either side disclosed an amount; the median was $29M, and this round was 69% of the median.