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


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.”


See new jobs in your tech community
Organizations: Oncora Medical


Ben Franklin will oversee StartUp PHL’s second seed fund, with $3.5M to start

How these 3 recent hires at Perpay are finding their way

Power Moves: WebLinc gets new CFO, ConsenSys gets more Philly folk



Vistar Media’s tech stack is not for the faint-of-heart



Inside Sales Representative

Apply Now
Philadelphia, PA


Cloud Sales Development Representative

Apply Now
Philadelphia, PA


Senior Cloud Client Executive

Apply Now

At NET/WORK, three moves that made candidates stand out

50 companies hiring Philly tech talent right now: Meet ’em Tuesday at NET/WORK

Use these icebreakers with 12 of the hiring companies at NET/WORK Philly



Grow your small business with Salesforce at this Jan. 10 event

Philadelphia, PA


Member Support Specialist

Apply Now
Center City, Philadelphia


DevOps Engineer

Apply Now

Ruby on Rails Developer

Apply Now

Sign-up for regular updates from Technical.ly

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