Centaur Labs Raises $15 Million in Series A

by Kay Aloha Villamor in September 6th, 2021

Centaur Labs, a Boston, MA-based medical data labeling company, raised $15 million in Series A round was led by Matrix Partners.

Accel, Global Founders Capital, Susa Ventures, Y Combinator, and individual investors including John Capodilupo (founder and CTO of WHOOP), Tom Lee (founder of One Medical), and Elliot Cohen (founder and CPO of PillPack) also participated in the Series A round.

The company intends to use the funds to expand its global network of labelers and accelerate product development and hiring.

Company: Centaur Labs

Raised: $15.0M

Round: Series A

Funding Month: September 2021

Lead Investors: Matrix Partners

Additional Investors: Accel, Global Founders Capital, Susa Ventures, Y Combinator, John Capodilupo, Tom Lee, and Elliot Cohen

Company Website: https://www.centaurlabs.com/

Software Category: Medical data labeling>AI

About the Company: Co-founded in 2017 by Tom Gellatly, VP of Engineering, Erik Duhaime, CEO, and Zach Rausnitz, CTO, Centaur Labs Founded in 2017, Centaur Labs is advancing medical AI through accurate medical data labeling. Its network of experts provides labels on a wide range of data formats, including medical images (X-ray, CT/MR, dermatology, ophthalmology, pathology), videos (surgical videos, ultrasound), text (scientific text, medical notes), and audio recordings (heart and lung sounds). Rather than relying on the opinion of a single expert, Centaur intelligently combines ideas from multiple experts, who are both trusted and rewarded based on their performance.

Source: https://www.finsmes.com/2021/09/centaur-labs-raises-15m-in-funding.html

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