How Much Did SkinVision Raise?
Funding & Key Investors

SkinVision, a prominent player in mobile health technology, has secured significant enterprise-level funding, with its total capital raised standing at $11M. The company recently announced a major strategic investment of $7.6M, underscoring its continued growth and market validation in the competitive health tech landscape. This latest financing round is expected to fuel further development and expansion of its AI-driven skin cancer detection platform.

What is SkinVision?

SkinVision
SoftwareHealthcare Software

SkinVision operates a clinically validated mobile application designed for accurate and timely skin cancer detection. Leveraging advanced artificial intelligence in conjunction with dermatological oversight, the app provides users with personalized skin health advice and recommended health pathways. With a user base exceeding 3 million globally, SkinVision empowers individuals to proactively manage their skin health, particularly those at higher risk due to sun exposure. The platform serves as a crucial link between patients, healthcare providers, and insurers, aiming to optimize skin health outcomes and enhance the early detection of skin cancer.

How much funding has SkinVision raised?

SkinVision has raised a total of $11M across 2 funding rounds:

2015

Unspecified

$3.4M

2018

Unspecified

$7.6M

Unspecified (2015): $3.4M with participation from Personal Health Solutions Capital and LEO Pharma

Unspecified (2018): $7.6M led by PHS Fund and LEO Pharma

Key Investors in SkinVision

Personal Health Solutions Capital

Personal Health Solutions Capital is an investment firm focused on the emerging consumer health and well-being market, backing businesses that enable individuals to manage their health through science-based, technology-enabled solutions.

LEO Pharma

LEO Pharma is a multinational Danish pharmaceutical company with a specialization in dermatology, contributing significant industry expertise to its portfolio companies.

What's next for SkinVision?

The substantial enterprise-level backing and recent strategic investment position SkinVision for accelerated growth and market penetration. This capital infusion is likely to be directed towards enhancing its AI algorithms, expanding its user reach, and potentially forging new partnerships within the healthcare ecosystem. The company's focus on early detection and proactive skin health management aligns with global trends in preventative medicine and digital health solutions, suggesting a trajectory towards broader adoption and integration into standard dermatological care pathways. Future developments may include expanding service offerings and strengthening its position as a leader in AI-powered dermatological diagnostics.

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Frequently Asked Questions Regarding SkinVision Financial Insights

What are the most recent funding rounds that SkinVision has completed, and what were the funding rounds?
SkinVision has recently completed 2 funding rounds: Unspecified on Jul 30, 2018, Unspecified on Aug 22, 2015.
What is the total amount of funding SkinVision has raised to date?
SkinVision has raised a total of $11M in funding to date.
How many funding rounds has SkinVision completed?
SkinVision has completed 2 funding rounds.
How much funding did SkinVision raise in its most recent funding round?
SkinVision raised $7.6M in its most recent funding round.
Who are the lead investors in SkinVision's latest funding round?
The lead investor in SkinVision's latest funding round was PHS Fund. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SkinVision's history?
The largest funding round in SkinVision's history was $7.6M.
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