Pathway Secures $5 Million in Seed Round

by Kay Aloha Villamor in November 16th, 2023

Pathway, a Montreal, Canada-based AI-driven medical knowledge platform, secured $5 million in seed funding.

SaaS Investors

The round was led by Yamaha Motor Ventures, with participation from Verge HealthTech Fund and existing investors Amplify Capital, BoxOne Ventures, and Formentera Capital. 

Founded in 2015, Yamaha Motor Ventures is a venture capital firm based in Palo Alto, California. The firm seeks to invest in early-stage startups operating in the fields of mobility, robotics, agtech, the Internet of things, medtech, aviation, and sustainability sectors.

Pathway Use of Funds

The company will use the funding to accelerate the rollout of its technology and expand its reach to clinicians globally.

About Pathway

Pathway is a health tech company working on helping clinicians and patients access important medical information more effectively throughout the care journey. They leverage AI and big data to create a medical knowledge platform and software solutions that drive evidence-based medicine into clinical practice. Pathway is on a mission to organize the world's medical knowledge, helping clinicians stay updated and make better decisions for their patients. It has a fast-growing community of over 350,000 verified clinicians from leading institutions. From its inception in 2020, Pathway has been harnessing physician-grade AI to facilitate the integration of the latest, high-quality evidence into clinical practice.

Funding Details

Company: Pathway Medical Inc. 

Raised: $5.0M

Round: Seed Round

Funding Month: November 2023

Lead Investors: Yamaha Motor Ventures

Additional Investors: Verge HealthTech Fund, Amplify Capital, BoxOne Ventures, and Formentera Capital

Company Website: https://www.pathway.md/

Software Category: Medical Knowledge Platform

Source: https://www.businesswire.com/news/home/20231115325841/en/




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