# Proscia

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

- Industry: Software
- Headquarters: Philadelphia, US
- Website: www.proscia.com/
- Total disclosed funding: $113M
- Latest round: Series B (Mar 4, 2025)
- Investors on record: 18

## About

Proscia Inc., based in the US, delivers advanced digital pathology solutions through its Concentriq platform, enhancing efficiency and diagnostic accuracy in life sciences organizations and diagnostic laboratories.Founded in 2014 in Philadelphia, US, Proscia Inc. focuses on digital pathology solutions. The company has secured a total of 7 deals, with the latest funding round being Series B, raising USD 35.003 mn led by Insight Partners. Founders include Coleman Stavish, David West, and Nathan Buchbinder, with David West currently serving as CEO. Proscia has expanded its global presence, serving over 12,000 pathologists and scientists, including 16 of the top 20 pharmaceutical companies.Proscia specializes in advanced digital pathology solutions, primarily through its Concentriq platform, which includes products such as Concentriq AP, Concentriq AP-Dx, and Concentriq LS. These offerings enable life sciences organizations and diagnostic laboratories to streamline their pathology workflows by digitizing and automating processes, enhancing efficiency and diagnostic accuracy. Concentriq AP-Dx is FDA-cleared for primary diagnosis, aiding in case interpretation and management, particularly for late-stage clinical trials. The platform integrates AI-driven capabilities to assist pathologists and researchers in leveraging real-world data for precise diagnostics and therapeutic developments.Proscia's revenue model is subscription-based, allowing clients to access its digital pathology platform and associated AI solutions. This structure supports various applications, including biomarker discovery and clinical trials. The company collaborates with academic medical centers, health systems, and commercial labs, facilitating the transition to digital pathology. While specific product pricing details are not disclosed, the offerings are designed to support ongoing subscriptions, reflecting the continuous nature of service use and technology updates.In March 2025, Proscia Inc. raised USD 35 mn in Series B funding led by Insight Partners to expand its customer footprint and enhance the Concentriq platform, focusing on core artificial intelligence capabilities. The company aims to target new markets and geographic regions, although specific areas have not been disclosed. The funding will support these initiatives, allowing Proscia to advance its offerings and reach a broader client base.

## Funding rounds

- Series B, Mar 4, 2025, $35M — Insight Partners, Avenue Capital Group, Triangle Peak Partners, Razor's Edge Ventures, Green Park & Golf Ventures, Fusion Fund, Emerald Development Managers, Alpha Intelligence Capital, Interwoven Ventures
- Series C, Dec 29, 2023, $9M — Scale Venture Partners, Highline Capital Management, Triangle Peak Partners, Alpha Intelligence Capital, Hitachi Ventures
- Series C, May 17, 2022, $37M — Scale Venture Partners, Highline Capital Management, Triangle Peak Partners, Razor's Edge Ventures, Emerald Development Managers, Alpha Intelligence Capital, Hitachi Ventures, ROBO Global, LLC
- Series B, Nov 30, 2020, $23M — Scale Venture Partners, Hitachi Ventures
- Series A, Jul 23, 2018, $8.3M — Flybridge Capital Partners, Robin Hood Ventures, Razor's Edge Ventures, Fusion Fund, Emerald Development Managers
- Seed, Jul 5, 2016, $1M — TCP Venture Capital, Robin Hood Ventures, Emerald Development Managers, A-Level Capital
- Seed, Jan 1, 2015 — SoGal Ventures

## Investors

- SoGal Ventures (https://capitalatlas.ai/funds/sogal-ventures) — Seed
- TCP Venture Capital (https://capitalatlas.ai/funds/tcp-venture-capital) — Seed
- Robin Hood Ventures (https://capitalatlas.ai/funds/robin-hood-ventures) — Seed, Series A
- Emerald Development Managers (https://capitalatlas.ai/funds/emerald-development-managers) — Seed, Series A, Series C, Series B
- A-Level Capital (https://capitalatlas.ai/funds/a-level-capital) — Seed
- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Series A
- Razor's Edge Ventures (https://capitalatlas.ai/funds/razor-s-edge-ventures) — Series A, Series C, Series B
- Fusion Fund (https://capitalatlas.ai/funds/fusion-fund) — Series A, Series B
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series B, Series C
- Hitachi Ventures (https://capitalatlas.ai/funds/hitachi-ventures) — Series B, Series C
- Highline Capital Management — Series C
- Triangle Peak Partners (https://capitalatlas.ai/funds/triangle-peak-partners) — Series C, Series B
- Alpha Intelligence Capital (https://capitalatlas.ai/funds/alpha-intelligence-capital) — Series C, Series B
- ROBO Global, LLC — Series C
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B
- Avenue Capital Group (https://capitalatlas.ai/funds/avenue-capital-group) — Series B
- Green Park & Golf Ventures (https://capitalatlas.ai/funds/green-park-golf-ventures) — Series B
- Interwoven Ventures (https://capitalatlas.ai/funds/interwoven-ventures) — Series B