Infervision Funding, Investors & Competitors

Infervision has raised $215M across 5 funding rounds, most recently a $140M Series D in July 2021.

Last Infervision funding round

$140M

Series D · Jul 2021

Cumulative funding Infervision raised

$215M

across 5 funding rounds

Key investors in Infervision

  • HSG
  • Qiming Venture Partners
  • Sequoia Capital
  • Innoangel Fund
  • Goldman Sachs Asset Management
  • New Alliance Capital
  • Xianghe Capital
  • Zhongguancun Science City Science

Infervision Overview

About Infervision

Infervision is a Beijing-based AI company applying deep learning to medical imaging for cancer diagnosis and analysis. Products include intelligent X-ray and CT aids trialed at Shanghai Changzheng Hospital, Tongji Medical College of HUST in Wuhan, and Dalian Zhongshan Hospital. Collaborations extend to Peking Union Medical College Hospital and nearly 20 other top-tier facilities in China.


Founded

2015

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2B

Revenue model

Licensing, Subscription

Infervision Funding History

Infervision has raised a total of $215M across 5 funding rounds.

Infervision's first fundraising round was a $2M angel round in February 2016. The most recent completed round was a $140M Series D in July 2021.

Infervision funding rounds

Infervision funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2021Series DGoldman Sachs Asset Management (lead); CCB Trust; New Alliance Capital; Zhongguancun Science City Science; Z-Park Fund$140MInferVision is a medical artificial intelligence provider specializing in clinical applications of AI and deep learning technologies, focusing on AI-powered detection and triage systems to enhance clinician efficiency in disease prevention, control, and diagnosis. The company develops platforms for AI application management, data mining, and research, aiming to deliver advanced services to payors, providers, and patients. Founded in 2016, InferVision has launched products like the InferRead Pneumonia COVID-19 screening system, which gained adoption in hospitals globally and led to procurement by the European Union across nine countries during the pandemic. In August 2021, InferVision announced the completion of its Series D2 financing round led by Goldman Sachs Asset Management, with participation from investors including CCB Trust. The company raised around US$140 million in total across Series D1 and D2 rounds, with proceeds allocated to R&D, distribution channel expansion, and business development. Prior to this, InferVision had received over US$210 million in cumulative investments from prominent backers such as Sequoia Capital, Qiming Venture Partners, CDH Investments, and Springhill Fund. The round aligns with investor enthusiasm for AI in healthcare, particularly for accelerating medical diagnosis in large markets, as highlighted by Goldman Sachs Asset Management's managing director Xinyi Feng. InferVision's founder and chairman CK emphasized the partnership as validation of their advanced AI solutions.
Mar 2018Series BHSG (lead); Xianghe Capital; Qiming Venture Partners$48MInfervision is a Beijing-based AI company specializing in medical imaging diagnosis, using deep learning for products like AI-CT for lung cancer detection via CT scans and AI-DR for cardiothoracic lesions, reducing analysis time significantly. Founded in 2016, it focuses on AI-assisted screening for diseases including lung, heart, brain, fractures, breast, and abdominal areas, with partnerships in over 150 hospitals by mid-2018 and serving about 450,000 patients. The company has expanded internationally with offices in the US, Japan, and Germany. By June 2018, its InferRead products provided 13,000 daily CT readings per hospital on average. The queried round around March 2018 appears to align with a Series B+ financing of $47 million, involving existing investors Sequoia Capital China, Qiming Venture Partners, and Genesis Capital, plus new investors Xianghe Capital and Advantech Capital. Earlier, in September 2017, Infervision raised CNY120 million (USD18 million) in a Series B led by Qiming Venture Partners with Genesis Capital and Sequoia Capital China; a prior A-round was CNY50 million in January 2017. Overall, Infervision raised over $210 million across multiple rounds by 2021, including later Series D rounds led by Goldman Sachs Asset Management and others.
Sep 2017Series BQiming Venture Partners (lead); Sequoia Capital$18MInfervision is a Chinese artificial intelligence startup focused on medical imaging. In September 2017, Qiming Venture Partners led its Series B funding round with RMB120 million (approximately US$18 million). The company has raised a total of $210.39M across 6 rounds from 22 investors, with later rounds including Series D - II for $94.94M on July 23, 2021, backed by CCB Trust, Goldman Sachs Asset Management, New Alliance Capital, and others. The firm operates in the competitive AI medical imaging space, aligned with Qiming's portfolio in AI-driven healthcare innovations like Deepwise.
Jan 2017Series AHSG (lead)$7M-
Feb 2016AngelInnoangel Fund (lead); Powercloud Venture Capital (lead)$2M-

Who has invested in Infervision?

11 investors have backed Infervision across its funding rounds, including HSG, Qiming Venture Partners, Sequoia Capital, Innoangel Fund, Goldman Sachs Asset Management and New Alliance Capital.

Lead investors include Goldman Sachs Asset Management, HSG, Qiming Venture Partners, Innoangel Fund and Powercloud Venture Capital.


Infervision Investors

Investors in Infervision by funding rounds participated
InvestorHQRoundsRoleFirst check
Qiming Venture PartnersChinaShanghai2LeadSep 2017
HSGHong KongHong Kong2LeadJan 2017
Innoangel FundChinaBeijing1LeadFeb 2016
Xianghe CapitalChinaBeijing1ParticipantMar 2018
CCB TrustChinaHefei1ParticipantJul 2021
New Alliance CapitalChinaShanghai1ParticipantJul 2021
Sequoia CapitalUnited StatesSan Francisco, CA1ParticipantSep 2017
Zhongguancun Science City ScienceChinaBeijing1ParticipantJul 2021
Goldman Sachs Asset ManagementUnited StatesNew York City, NY1LeadJul 2021

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Infervision Competitors

Infervision competitors include listed companies like GE HealthCare, Pro Medicus and United Imaging, and private ones like Commure, Abridge and EliseAI.

Public and private companies comparable to Infervision
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CommureUnited StatesSan Francisco, CAPrivate$200M-$7B35.0x
AbridgeUnited StatesPittsburgh, PAPrivate$117M-$5.3B45.3x
EliseAIUnited StatesNew York City, NYPrivate$100M-$2.2B22.0x
GE HealthCareUnited StatesUnited StatesPublicly listed$21B$3.7B$29B1.8x
Pro MedicusAustraliaAustraliaPublicly listed$186M$147M$13B62.7x
United ImagingChinaChinaPublicly listed$2.1B$367M$12B4.8x

Infervision Public Comps

Infervision is still privately-owned, but its public comps include CrowdStrike, SAP, Salesforce, ServiceNow, Snowflake, Adobe, Datadog, Moody's, Nebius Group and Natera.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
CrowdStrike$4.8B($12M)51.4x44.5x(19816.2x)151.0x
SAP$42B$13B5.8x5.4x18.4x17.1x
Salesforce$42B$13B5.5x5.2x17.8x12.2x
ServiceNow$13B$2.6B11.1x9.6x57.2x25.0x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Adobe$24B$9.3B4.3x3.9x10.9x8.2x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
Moody's$7.7B$3.8B11.2x10.6x22.5x20.1x

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Common questions about Infervision

When was Infervision founded?Infervision was founded in 2015.
Where is Infervision headquartered?Infervision is headquartered in Beijing, China.
Is Infervision publicly listed?No, Infervision is a private, VC-backed company.
How much funding has Infervision raised?Infervision has raised $215M across 5 funding rounds.
What was Infervision's last funding round?Infervision's last funding round was a $140M Series D in July 2021, led by Goldman Sachs Asset Management.
Who are Infervision's investors?Infervision's investors include Qiming Venture Partners, HSG, Innoangel Fund, Xianghe Capital, CCB Trust, New Alliance Capital, Sequoia Capital, Zhongguancun Science City Science, Goldman Sachs Asset Management, Powercloud Venture Capital and 1 other.
Which companies are comparable to Infervision?Companies comparable to Infervision include Commure, Abridge, EliseAI, GE HealthCare, Pro Medicus and United Imaging.

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