How Much Did ImpriMed Raise?
Funding & Key Investors

ImpriMed, a pioneer in the intersection of veterinary oncology and precision medicine, has successfully secured a significant capital injection to accelerate its mission. The company has reached a total funding milestone of $31M, bolstered by a recent funding amount of $23M in a major strategic investment. This influx of capital underscores the growing market confidence in ImpriMed's unique approach to utilizing live cancer cell analysis to optimize treatment protocols for pet patients, marking a pivotal transition from early-stage development to a more robust, enterprise-level scaling phase.

What is ImpriMed?

ImpriMed
Business ServicesResearch & DevelopmentHealthcare Services

Founded in 2017 and headquartered in Palo Alto, California, ImpriMed operates at the vanguard of veterinary biotechnology. The company specializes in collecting systemic information directly from live cancer cells harvested from pet patients. By leveraging proprietary data analytics and laboratory testing, ImpriMed provides veterinarians with actionable insights that facilitate personalized chemotherapy selection. This data-driven methodology significantly improves clinical outcomes by identifying the most effective drug combinations for individual animals, effectively bridging the gap between complex oncology research and practical, bedside veterinary care. Their market position is defined by a unique synthesis of high-throughput screening and artificial intelligence, positioning them as a critical infrastructure provider in the rapidly evolving pet health technology sector.

How much funding has ImpriMed raised?

ImpriMed has raised a total of $31M across 2 funding rounds:

2021

Other Financing Round

$8M

2023

Series A

$23M

Other Financing Round (2021): $8M with participation from E.S. Investments, HG Initiative, Draper Dragon, BonAngels, Translink Investment, Draper Associates, Futureplay, Murex Partners, and Primer Sazze Partners

Series A (2023): $23M led by Samyang Chemical Group (삼양화학그룹, SK Telecom, Murex Partners, and Byucksan

Key Investors in ImpriMed

Samyang Chemical Group

Samyang Chemical Group is a diversified conglomerate with interests in chemicals, IT, and steel, actively fostering innovation through its DREAUM startup investment initiative.

SK Telecom

SK Telecom is a premier telecommunications and technology firm specializing in 5G infrastructure and AI-driven solutions to transform global industry connectivity.

Draper Dragon

Draper Dragon is a cross-border venture capital firm that bridges Silicon Valley and Asia, focusing on early-stage investments in transformative technologies and Web3 ecosystems.

What's next for ImpriMed?

With this latest round of financing, ImpriMed is well-positioned to expand its operational footprint and enhance its diagnostic platform. The strategic focus will likely shift toward scaling its laboratory capacity and deepening its integration with veterinary clinics across North America and beyond. By utilizing the $23M to refine its predictive algorithms and broaden its database of cancer cell responses, the company aims to solidify its leadership in the precision veterinary medicine market. Future growth trajectories will likely involve strategic partnerships with major pharmaceutical entities and the continued development of its proprietary AI-driven diagnostic suite, ensuring that ImpriMed remains the gold standard for evidence-based cancer treatment in the veterinary space.

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Frequently Asked Questions Regarding ImpriMed Financial Insights

What are the most recent funding rounds that ImpriMed has completed, and what were the funding rounds?
ImpriMed has recently completed 2 funding rounds: Series A on Dec 19, 2023, Other Financing Round on Apr 14, 2021.
What is the total amount of funding ImpriMed has raised to date?
ImpriMed has raised a total of $31M in funding to date.
How many funding rounds has ImpriMed completed?
ImpriMed has completed 2 funding rounds.
How much funding did ImpriMed raise in its most recent funding round?
ImpriMed raised $23M in its most recent funding round.
Who are the lead investors in ImpriMed's latest funding round?
The lead investor in ImpriMed's latest funding round was Samyang Chemical Group (삼양화학그룹. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ImpriMed's history?
The largest funding round in ImpriMed's history was $23M.
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