Lunit

company

About

Lunit combats cancer through AI-powered imaging biomarkers.

Details

Last Funding Type
Series C
Last Funding Money Raised
$26M
Industries
Artificial Intelligence,Computer Vision,Health Diagnostics,Image Recognition,Machine Learning,Medical Device,Software
Founded date
Jan 1, 2013
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Lunit Inc.

Lunit, abbreviated from “learning unit,” is a venture company devoted to developing advanced software for medical data analysis and interpretation via cutting-edge deep learning technology. Our main area of expertise lies in processing medical imaging data. We envision a near-future when our systems would greatly help physicians make accurate, consistent, and efficient clinical decisions, not limited to diagnoses, through our data-driven imaging biomarker technology.
The high level of our deep learning technology has been well demonstrated, ranked top 5 at ImageNet Challenge 2015, which is the world’s largest and most prestigious image recognition competition. What distinguishes our technology from that of other similar parties is full accommodation of weakly labeled data, challenging the boundaries of human understanding in terms of pattern recognition.
Funded by major venture capital companies, Formation 8 and SoftBank Ventures Korea, our endeavors have been well received by the medical community alike and we are now engaged in various large-scale research partnerships with major university hospitals in Korea.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$130M ₩3.82B
Lunit has raised a total of $130M ₩3.82B in funding over 2 rounds. Their latest funding was raised on Nov 29, 2021 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 29, 2021 Series Unknown $61M 3 Detail
Jul 19, 2021 Series C $26M 1 Guardant Health Detail
Jan 7, 2020 Series C $26M 5 Shinhan Investment Detail
Jul 13, 2018 Series B $15M 7 InterVest Co. Detail
Sep 6, 2016 Series A ₩3.72B 4 InterVest Co. Detail

Investors

Number of Lead Investors
Number of Investors
6
14
Lunit is funded by 14 investors. Guardant Health and Shinhan Investment are the most recent investors.
Investor Name Lead Investor Funding Round
Guardant Health Yes Series C
Shinhan Investment Yes Series C
InterVest Co. Yes Series B
Casdin Capital Series Unknown
HealthQuest Capital Series Unknown
Tybourne Capital Management Series Unknown
IMM Investment Series C
InterVest Series C
Kakao Ventures Series C
Legend Capital Series C

Employee Profiles

Number of Employee Profiles
11
Lunit has 11 current employee profiles, including Board member JP (Joonpyo) Lee
Board member
Executive
Executive
Advisor