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PathAI (company)

PathAI (company)

PathAI is a Boston-based artificial intelligence company developing therapeutics and healthcare products.

OverviewStructured DataIssuesContributors

Contents

pathai.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Medical diagnostics
Medical diagnostics
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Drug discovery
Drug discovery
Drug development
Drug development
Healthcare
Healthcare
Diagnosis
Diagnosis
Cancer
Cancer
Oncology
Oncology
...
Location
Boston
Boston
United States
United States
B2X
B2B
B2B
CEO
Andrew Beck
Andrew Beck
0
Founder
Andrew Beck
Andrew Beck
0
AngelList URL
angel.co/pathai
Pitchbook URL
pitchbook.com/profiles...169704-46
Legal Name
PathAI, Inc.
Legal classification
Corporation
Corporation
Number of Employees (Ranges)
501 – 1,0000
Email Address
info@pathai.com
Full Address
120 Brookline Ave. Boston, Massachusetts 02215
Investors
Adage Capital Management
Adage Capital Management
General Atlantic
General Atlantic
Bristol-Myers Squibb
Bristol-Myers Squibb
LabCorp
LabCorp
Merck Global Health Innovation Fund
Merck Global Health Innovation Fund
D1 Capital Partners
D1 Capital Partners
David Fialkow
David Fialkow
Kaiser Permanente
Kaiser Permanente
...
Founded Date
2016
Total Funding Amount (USD)
390,000,000
Latest Funding Round Date
May 18, 2021
Competitors
H1
H1
Latest Funding Type
Series C
Series C
Patents Assigned (Count)
4
Motto/Tagline
Pathology Evolved
Wellfound ID
pathai

Other attributes

Company Operating Status
Active
Contact Page URL
pathai.com/contact/
Latest Funding Round Amount (USD)
165,000,000

PathAI, located in Boston, Massachusetts, is a medical technology company that runs a technical pathology program that can provide an efficient and more accurate diagnoses for patients and providers. Additionally, the software is currently working to further assist in research, drug development, global health solutions, and treatments.

PathAI has two primary missions for its AI product: help pathologists make more accurate diagnoses and better predict how patients will respond to a pathologist's recommended therapy based on the characteristics of patient tissue.

PathAI was founded by co-founders Andrew H. Beck and Aditya Khosla with the goal of reducing "error rates, increase accuracy and reproducibility" in pathology. In 2017, the company began partnering with pharmaceutical companies to work on drug development. In 2021, with $165M raised in Series C funding (co-led by D1 Capital Partners and Kaiser Permanente) the company began clinical diagnostics with the acquisition of Poplar, a lab service provider for Poplar Healthcare PLLC. Since then, several industry collaborations have been established with companies such as Roche, LabCorp, and Cleveland Clinic.

Investors include:

D1 Capital Partners

Kaiser Permanente

General Atlantic

General Catalyst

Tiger Global

Bristol Myers Squibb

Merck

Resultantly, the company's clinical research may reach conflicts of interest being a for-profit company including sponsors seeking research and development as noted in the company's publications.

PathAI initially focused on applications in drug development but expanded to the clinical setting in 2021. Their main focuses are translational research is the conventional method of research in which pathologists and data scientists apply existing and new models to process samples. Samples may be interpreted from off-site labs or analyzed on-site. This method of research focuses to "identify new insights on pharmacodynamics, mechanism of action, and patient stratification".

Clinical trial services is a method of analysis used to help identify biomarkers for "patient enrollment, endpoint analysis, and correlative studies in prospective clinical trials". Research organizations access the company's algorithms for slide viewing, reports on interpretable features such as diagnoses or biomarker scores, and other services such as sample processing, staining, scanning, and digitization.

Diagnostic development and deployment is a method of research used to "develop and commercialize AI-powered diagnostics globally and at scale". This includes adding AI models for complementary diagnosis, engaging with sponsors and health authorities, and launching new diagnostics through company labs (and partner labs).

Collaborations include:

Roche pertaining to cancer diagnoses in patient care.

LabCorp's drug development to develop GCLP algorithms for compliant patient stratification and selection.

Cleveland Clinic's application of diagnostic algorithms to patient care.

PathAI's current academic publications cover topics including T-cells (CD8), liver disease (NASH), cancer (HER2, PD-L1, TME):

A model which reproduced all endpoints for NASH resolution and showed granular evidence of fibrosis reduction.

A CD8 classifier paired with PD-L1 status increased biomarker-positive patients 40% over prior PD-L1 studies.

A PD-L1 model which identified 28% additional positive patients from a retrospective analysis on false negatives.

A model which predicted HRD status from H&E-stained slides.PathAI also received news coverage for accepting funding from Danhua Capital for the company's financial ties to the Chinese Communist Party as Commerce Secretary Gina Raimondo's husband's investment in PathAI brought light to the fact.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

AI's expanding role in modern medicine

CNBC US Source

https://www.cnbc.com/video/2017/05/11/ais-expanding-role-in-modern-medicine.html

Web

May 11, 2017

Artificial intelligence decodes cancer pathology images

Elizabeth Dougherty

https://www.novartis.com/stories/discovery/artificial-intelligence-decodes-cancer-pathology-images

Web

November 12, 2018

Artificial intelligence for pathology

https://www.youtube.com/watch?v=3NiFjm_SiFs

Web

June 19, 2019

Medicine Gets Digital: How Data Is Pushing Healthcare Forward

Emily Inverso

https://www.forbes.com/sites/emilyinverso/2017/10/02/medicine-gets-digital-how-data-is-pushing-forward-healthcare/#ca814cd13f73

Web

October 2, 2017

PathAI - Paving the Road to Better Pathology

Alexander Culafi

https://venturefizz.com/blog/pathai-profile

Web

December 10, 2017

References

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