How Much Did Scanadu Raise?
Funding & Key Investors

Scanadu has successfully navigated multiple stages of capital acquisition, culminating in a total historical accumulation of $59.9M. The company's trajectory reflects a sustained commitment to scaling its health-tech infrastructure, most recently bolstered by a $6.5M strategic investment. This infusion of capital underscores the market's confidence in the firm's ability to bridge the gap between complex medical diagnostics and consumer-facing wellness solutions.

By securing diverse backing from global technology conglomerates and specialized venture firms, Scanadu has positioned itself as a pivotal player in the digital health ecosystem. The progression from early-stage seed financing to significant private equity participation highlights a robust growth narrative, characterized by a focus on high-impact medical innovations and data-centric health management.

What is Scanadu?

Scanadu
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Scanadu operates at the intersection of medical technology and consumer wellness, providing a comprehensive platform for health-related insights. Through strategic partnerships with organizations like dualdiagnosis.org, the company delivers expert-led guides, product evaluations, and in-depth coverage of emerging medical innovations. Their service model is designed to empower individuals with actionable data, focusing on fitness, well-being, and specialized health topics. By leveraging a team of subject matter experts, Scanadu ensures that its content meets professional standards, effectively serving as a bridge between clinical-grade information and the everyday needs of health-conscious consumers.

How much funding has Scanadu raised?

Scanadu has raised a total of $59.9M across 6 funding rounds:

2011

Unspecified

$2M

Other Financing Round

$4.2M

2013

Angel/Seed

$1.7M

Series A

$10.5M

2014

Series B

$35M

2016

Private Equity

$6.5M

Unspecified (2011): $2M, investors not publicly disclosed

Other Financing Round (2011): $4.2M led by Luc De Vos and Starlight Ventures

Angel/Seed (2013): $1.7M, investors not publicly disclosed

Series A (2013): $10.5M featuring Mindful Investors, Relay Ventures, VegasTechFund, Redmile Group, LLC, and Broe Group

Series B (2014): $35M backed by Tencent Holdings Ltd., Fosun International Ltd., Relay Ventures, China Broadband Capital, AME Cloud Ventures, and IGlobe Partners

Private Equity (2016): $6.5M, investors not publicly disclosed

Key Investors in Scanadu

Tencent Holdings Ltd.

A global technology conglomerate that develops digital platforms and internet-based services, with a strong focus on investing in technology innovation and large-scale digital ecosystems.

Relay Ventures

An early-stage venture capital firm specializing in mobile computing software, providing founders with unparalleled networks and resources to disrupt incumbent industries.

AME Cloud Ventures

A venture fund led by Jerry Yang that focuses on infrastructure and value chains around data, supporting technology-heavy companies across the entire data stack.

What's next for Scanadu?

Looking ahead, the recent capital injection is expected to accelerate Scanadu's product development cycle and expand its reach within the global health-tech market. The company is well-positioned to leverage its existing data infrastructure to refine its diagnostic tools and enhance its digital service offerings. As the demand for personalized, accessible medical information continues to rise, Scanadu's strategic focus on integrating advanced technology with user-centric health platforms will likely remain a core driver of its long-term value proposition. Future initiatives will likely prioritize the scaling of its expert-led content ecosystem and the deepening of its technological capabilities to maintain a competitive edge in the rapidly evolving wellness sector.

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Frequently Asked Questions Regarding Scanadu Financial Insights

What are the most recent funding rounds that Scanadu has completed, and what were the funding rounds?
Scanadu has recently completed 3 funding rounds: Private Equity on Jun 12, 2016, Series B on Jul 9, 2014, Series A on Nov 12, 2013.
What is the total amount of funding Scanadu has raised to date?
Scanadu has raised a total of $59.9M in funding to date.
How many funding rounds has Scanadu completed?
Scanadu has completed 3 funding rounds.
How much funding did Scanadu raise in its most recent funding round?
Scanadu raised $6.5M in its most recent funding round.
Which was the largest funding round in Scanadu's history?
The largest funding round in Scanadu's history was $35M.
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