Signify Premium Insight: Flywheel Funding Will Help, but no Freewheeling Yet

Published: August 8, 2023

Medical imaging data platform Flywheel recently raised $54m in a series D funding round co-led by Novalis LifeSciences LLC and Nvidia’s capital arm NVentures.

The vendor says the funding will help fuel its growth in its two primary markets of public sector healthcare and pharmaceutical companies, as well as facilitating growth in other markets such as with providers, payers, and software developers. In addition, the money will help the vendor target new geographic markets, with Europe named as a particular focus.

But, how will Flywheel use the money to achieve these aims?

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