Scale Venture Partners has led a $50m funding round for Wanxiang-backed medical data repository provider OM1 that will support product development, sales and marketing.
OM1, a US-based medical data technology developer backed by automotive components maker Wanxiang, has collected $50m in a funding round led by venture capital firm Scale Venture Partners, TechCrunch reported on Tuesday.
The round featured existing OM1 backers, with General Catalyst, Polaris Partners and 7wire Ventures all being named. It is unclear whether Wanxiang subsidiary Wanxiang Healthcare Investments, which contributed to the company’s 2017 series A round, also returned.
OM1’s software analyses billions of healthcare data points and curated registries…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
