How Much Did Massive Bio Raise?
Funding & Key Investors

Massive Bio, a leader in AI-powered clinical trial matching, has successfully secured a significant capital injection, bringing its total funding to $11.7M. This latest strategic investment of $9M underscores the company's pivotal role in bridging the gap between cancer patients and life-saving research. By leveraging advanced machine learning to streamline patient enrollment, Massive Bio continues to attract high-profile backing from institutional investors committed to the digital transformation of oncology.

The firm's growth trajectory, marked by consistent financing rounds, reflects its increasing influence in the bio-pharmaceutical sector. As the company scales its operations, this recent infusion of capital serves as a catalyst for expanding its proprietary Deep Learning Clinical Trial Matching System (DLCTMS) and enhancing its real-world data services for enterprise-level clients.

What is Massive Bio?

Massive Bio
SoftwareHealthcare SoftwareBusiness Services

Founded in 2015 and headquartered in New York City, Massive Bio operates at the intersection of artificial intelligence and oncology. The company provides a comprehensive platform that connects cancer patients and oncologists to relevant clinical trials, effectively addressing the critical bottlenecks in patient identification and enrollment. By managing the entire value chain—from virtual pre-screening to resolving last-mile logistical challenges—Massive Bio enables faster drug development timelines for pharmaceutical companies, contract research organizations, and hospital networks.

The company's market position is further solidified by its recognition in the Digital Health 100 and its collaboration with the National Cancer Institute (NCI). Through its AI-driven ecosystem, Massive Bio not only improves patient access to innovative therapies but also generates actionable real-world insights that inform future protocol design, positioning itself as an essential partner in the global oncology research landscape.

How much funding has Massive Bio raised?

Massive Bio has raised a total of $11.7M across 3 funding rounds:

2020

Other Financing Round

$2.6M

2021

Debt

$74K

2022

Other Financing Round

$9M

Other Financing Round (2020): $2.6M with participation from Revo Capital and Cavendish Impact Foundation

Debt (2021): $74K led by PPP

Other Financing Round (2022): $9M supported by Revo Capital

Key Investors in Massive Bio

Revo Capital

Revo Capital is a venture capital firm that invests in innovative, early-stage B2B and B2C technology ventures primarily in Turkey, Eastern Europe, and the Baltics, focusing on AI and fintech.

Cavendish Impact Foundation

An investment organization dedicated to supporting ventures that generate measurable social impact alongside financial returns.

PPP

Public-Private Partnership

What's next for Massive Bio?

With this latest strategic financing, Massive Bio is well-positioned to accelerate its mission of democratizing access to clinical trials. The company is expected to focus on scaling its AI-driven infrastructure to support a broader range of therapeutic areas and international markets. By deepening its integration with pharmaceutical enterprise customers, Massive Bio aims to further refine its patient recruitment algorithms and expand its data-as-a-service offerings.

Looking ahead, the firm will likely prioritize the commercialization of its DLCTMS, leveraging its NCI-backed research to set new industry standards for trial efficiency. As the oncology landscape becomes increasingly data-centric, Massive Bio's ability to provide high-fidelity, real-world evidence will be a key driver of its long-term competitive advantage and sustained growth in the digital health sector.

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Frequently Asked Questions Regarding Massive Bio Financial Insights

What are the most recent funding rounds that Massive Bio has completed, and what were the funding rounds?
Massive Bio has recently completed 3 funding rounds: Other Financing Round on Jun 2, 2022, Debt on Jan 31, 2021, Other Financing Round on Nov 3, 2020.
What is the total amount of funding Massive Bio has raised to date?
Massive Bio has raised a total of $11.7M in funding to date.
How many funding rounds has Massive Bio completed?
Massive Bio has completed 3 funding rounds.
How much funding did Massive Bio raise in its most recent funding round?
Massive Bio raised $9M in its most recent funding round.
Who are the lead investors in Massive Bio's latest funding round?
The lead investor in Massive Bio's latest funding round was Revo Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Massive Bio's history?
The largest funding round in Massive Bio's history was $9M.
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