# Pharos

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pharos

- Industry: Electronics
- Headquarters: San Francisco, US
- Website: www.pharos.health/
- Total disclosed funding: $5M
- Latest round: Seed (Oct 25, 2024)
- Investors on record: 4

## About

Founded in San Francisco, US, and founded in 2023, Pharos delivers advanced software systems designed to streamline operations for a diverse client base. The company recently pivoted by raising USD 5 million in Seed funding on October 25, 2024, led by Felicis Ventures, with participation from General Catalyst Partners, Moxxie Ventures, and Y Combinator. As of 2024, the company is headed by its CEO Felix Brann.

Pharos is engaged in delivering artificial intelligence-based analytics for quality and risk teams tailored to the evolving needs of its diverse client base. These solutions address specific challenges faced by clients, such as data management, workflow automation, and integrated communication tools, and automate data gathering and reporting, primarily serving the healthcare sector in North America, Europe, and Asia-Pacific. 

Pharos generates revenue through a multi-faceted transaction structure encompassing subscriptions, partnerships, and direct sales to consumers and businesses. Its flagship products are offered through various pricing plans, allowing clients to choose services that best fit their operational needs. Subscriptions provide continuous access to Pharos' software updates and customer support. 

In October 2024, Pharos raised USD 5 million in Seed funding to expand its technical staff, enabling clients to measure more process indicators and submit reports to new clinical quality registries. The company plans to enhance its product offerings while targeting new markets in Europe and Asia-Pacific by the end of 2025.

## Funding rounds

- Seed, Oct 25, 2024, $5M — General Catalyst Partners, Felicis Ventures, Y Combinator, Moxxie Ventures

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Moxxie Ventures (https://capitalatlas.ai/funds/moxxie-ventures) — Seed
