Oncora Medical raised $1.3 million to hire more tech staff - Technical.ly Philly

Business

Sep. 18, 2017 9:40 am

Oncora Medical raised $1.3 million to hire more tech staff

The raise, which is being dubbed a Series Seed round, will let the realLIST startup beef up its tech team. But the round isn't closed, cofounder David Lindsay says.

Cofounders David Lindsay (left) and Chris Berlind.

(Courtesy photo)

Center City health IT company Oncora Medical just announced it raised some follow-on capital to the tune of $1.3 million to build out its tech team.

The realLIST company, based out of Center City, is calling the raise a Series Seed, a term that cofounder David Lindsay says is in reference to it being Oncora’s first equity financing.

The round isn’t closed, though: Lindsay said it was aiming to finalize a total of $2.5 million in funding. Investors include Philly’s BioAdvance and San Francisco’s iSeed Ventures, which backed the company in 2016 with a 1.2 million seed round.

“The raise will let us grow our engineering and product teams, hiring more developers to continue building our platform,” said Lindsay.

The search includes bringing aboard a VP of Engineering, someone with experience in leading tech teams before. “These people are already at great jobs,” said Lindsay, but the lure will be the chance to work on something with lasting impact: fighting cancer.

(As a refresher: Oncora Medical’s health IT platform helps radiation oncologists learn from past treatment data and use that knowledge to improve the efficacy of radiology.)

This spring, it locked down an agreement to install its platform Precision Radiation Oncology Platform at the MD Anderson Cancer Center in Houston. It wasn’t a paid deal, but Lindsay said the focus was on the partnership, the connection to an institution like MD Anderson and build new software based on the experience.

By 2018, the company hopes to perform clinical studies to back the efficacy of its offering with (more) hard numbers.

“But also, we’re looking forward to building the team,” Lindsay said. “We’ve been fortunate to get support from the ecosystem and are excited to get this infusion of capital.”

Advertisement

See new jobs in your tech community
Organizations: Oncora Medical
-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

How can employers improve the job hunt? ‘Please just have some goddamn empathy’

This Week in Jobs: Think Before You Ink

What we learned about suburban jobseekers over a few frames of bowling

SPONSORED

Philly

Clients and community come first for Vanguard employees

Philadelphia

Perpay

Risk and Strategy Analyst

Apply Now
Philadelphia

Full Stack Engineer

Apply Now
Conshohocken, Pa

ShopRunner

Manager, Partner Success

Apply Now

Ditch the costume at NET/WORK Suburbs 2018

Rain could not stop Super Meetup 2018

This Week in Jobs: Go Ahead, Shred Your Résumé

SPONSORED

Philly

UX, UArts and the importance of human-centered design

Philadelphia

Perpay

E-commerce Software Engineer: Magento, PHP, Python

Apply Now
Chesterbrook, PA

Deacom

Entry Level Software Developer

Apply Now
Chesterbrook, PA

Deacom

IT Specialist

Apply Now

Sign-up for daily news updates from Technical.ly

Do NOT follow this link or you will be banned from the site!