Flywheel

Overview
Activities
News
AI Drug Discovery?
Product stageSegments
Early
?
AI SaaS | Data Aggregation and Research
?

Flywheel operates a cloud-based medical research data management and collaboration platform which captures and curates clinical data from multiple sources such as imaging, electronic health records (EHRs), digital pathology and omics, to enable further processing and accelerate the drug discovery and development process. Flywheel's cloud platform automates tasks such as handling data and allows scientists to focus on new discoveries. It also offers tools for analyzing and visualizing data and can work with other AI and machine-learning platforms.

Key customers and partnerships

The company’s services are targeted at companies in life sciences, clinical research, imaging research, and AI health development markets. Research institutions such as Stanford University, University of Pennsylvania, University of Michigan, and Massachusetts General Hospital, and Boston Children’s Hospital, and Swiss pharma giant Roche and its member company Genentech ( November 2021 ) are among its clientele.

In November 2023 , the company collaborated with Microsoft and NVIDIA to launch a SaaS data management solution on Miscrosoft Azure.

Funding and financials

The company raised USD 54 million In a Series D funding round in June 2023 led by Novalis LifeSciences and NVentures. The proceeds were earmarked to expand its reach into new markets and geographies, especially Europe.

HQ location:
807 Broadway Street NorthEast Suite 350 Minneapolis MN USA
Founded year:
2012
Employees:
101-250
IPO status:
Private
Total funding:
USD 105.3 mn
Last Funding:
USD 54.0 mn (Series D; Jun 2023)
Last valuation:
-
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