Amount Raised
$19 Million
Round Type
Funding Round
ClevelandBiotechnologyFinancial ServicesHealth CareMedicalHealth DiagnosticsDescription
Cleveland Diagnostics, Inc., a clinical-stage biotechnology company developing next-generation diagnostic tests for the early detection of cancers, announced today that it has closed a Series D round of $17.4 million. The round was led by LYFE Capital, with participation from existing investors including Cleveland Clinic and others. Following the close of the round, the company received a term sheet for a $2M convertible note, expected to close shortly. Funds raised will be used to expand commercialization of IsoPSA—the company’s first diagnostic test, designed to enhance early detection of prostate cancer—as well as to expand internal infrastructure and operations to support platform development for other tests, including breast and lung cancer.
Quick answer
Cleveland Diagnostics raised $19 Million in a Funding Round round, dated February 9, 2021. Cleveland Diagnostics is based in Cleveland, Ohio, United States.
- How much did Cleveland Diagnostics raise?
- Cleveland Diagnostics raised $19 Million in a Funding Round round on February 9, 2021.
- What does Cleveland Diagnostics do?
- Cleveland Diagnostics is a precision oncology company focused on changing the shape of cancer detection.
- Where is Cleveland Diagnostics based and how big is it?
- Cleveland Diagnostics is based in Cleveland, Ohio, United States. Fundz records about 95 employees.
- Who are the decision-makers at Cleveland Diagnostics?
- Fundz holds 1 contact at Cleveland Diagnostics. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Medical around the same time
Companies in the same sectors as Cleveland Diagnostics that raised within 45 days of this round, from Fundz verified event records.
- CathWorks raised $30M (Funding Round) on January 7, 2021.
- Scipher Medicine raised $82M on March 26, 2021.
- ExThera Medical raised $21M on March 25, 2021.
- TriSalus Life Sciences raised $81M on March 18, 2021.
- MiCare Path raised $600K (Seed) on March 16, 2021.
- Century Therapeutics, Inc. raised an undisclosed amount on March 15, 2021.
Who to call at Cleveland Diagnostics, and when
A new round usually means Cleveland Diagnostics is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Cleveland Diagnostics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cleveland Diagnostics, from your own LinkedIn network
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Related People
Cleveland Diagnostics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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