How Much Did Illumigyn Raise?
Funding & Key Investors

Illumigyn has successfully secured a significant capital injection, bringing its total funding to $35M. This latest major strategic investment of $33M underscores the company's pivotal role in the digital health sector. By leveraging this influx of financing, the organization is well-positioned to accelerate its mission of transforming gynecological care through advanced remote diagnostic capabilities.

The trajectory of Illumigyn reflects a robust growth narrative, moving from its initial private equity backing in 2016 to this substantial 2021 financing round. This progression highlights the increasing market confidence in the company's proprietary technology and its potential to disrupt traditional clinical workflows.

What is Illumigyn?

Illumigyn
SoftwareHealthcare SoftwareHealthcare Services

Founded in 2012 in Israel, Illumigyn operates at the intersection of medical device innovation and digital health. The company has developed a sophisticated remote gynecological platform and specialized hardware designed to digitally document pap smear exams. By digitizing these critical procedures, Illumigyn enables healthcare providers to perform high-resolution examinations with greater precision and accessibility. This platform addresses long-standing inefficiencies in women's health diagnostics, providing a scalable solution that bridges the gap between clinical expertise and patient care in remote or underserved settings. The company's market position is defined by its commitment to improving diagnostic accuracy and patient outcomes through integrated, cloud-based medical imaging.

How much funding has Illumigyn raised?

Illumigyn has raised a total of $35M across 2 funding rounds:

2016

Private Equity

$2M

2021

Other Financing Round

$33M

Private Equity (2016): $2M, investors not publicly disclosed

Other Financing Round (2021): $33M led by Yozma Group

Key Investors in Illumigyn

Yozma Group

A pioneering venture capital firm that established the Israeli private equity market in 1993, specializing in direct investments and strategic business development for technology-driven companies.

Undisclosed Investor

Undisclosed investor participating in the funding round.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for Illumigyn?

With the recent infusion of capital, Illumigyn is poised to scale its operations and expand its footprint in the global health tech market. The strategic focus will likely center on enhancing its digital platform capabilities, pursuing regulatory milestones in new territories, and deepening its integration with existing hospital information systems. As the company transitions into this next phase of maturity, the emphasis will shift toward commercialization and the widespread adoption of its remote diagnostic tools. By maintaining its focus on high-quality medical imaging and data-driven insights, Illumigyn is set to redefine the standard of care for gynecological screenings, potentially attracting further interest from institutional investors and strategic partners within the broader life sciences and medical technology ecosystem.

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Frequently Asked Questions Regarding Illumigyn Financial Insights

What are the most recent funding rounds that Illumigyn has completed, and what were the funding rounds?
Illumigyn has recently completed 2 funding rounds: Other Financing Round on Nov 3, 2021, Private Equity on Nov 8, 2016.
What is the total amount of funding Illumigyn has raised to date?
Illumigyn has raised a total of $35M in funding to date.
How many funding rounds has Illumigyn completed?
Illumigyn has completed 2 funding rounds.
How much funding did Illumigyn raise in its most recent funding round?
Illumigyn raised $33M in its most recent funding round.
Who are the lead investors in Illumigyn's latest funding round?
The lead investor in Illumigyn's latest funding round was Yozma Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Illumigyn's history?
The largest funding round in Illumigyn's history was $33M.
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