Prenuvo, a full-body imaging company, raised $120 million in a Series B funding round.
Venture capital firms Forerunner Ventures and Left Lane Capital co-led the round, which was announced Thursday. Venture firm Felicis, a previous investor in the company, also participated.
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Prenuvo uses artificial intelligence and medical imaging scans with the goal of identifying potential health concerns faster than other types of preventive medicine. The scans can identify a number of conditions including cancer, aneurysm and gallstones.
The company offers full body MRI scans directly to consumers for around $2,500 per scan. Prenuvo also partners with employers to give employees access to the scans at lower out-of-pocket costs.
Prenuvo, which operates 17 clinics in North America, will use the round to grow and scale its operations and open additional locations, according to a news release.
The round comes as a growing number of companies are competing for market share in the full-body MRI space. Other companies include Ezra, which sells a full body MRI scan for cancer screening and Q Bio, a startup backed by well-known venture capital firms Khosla Ventures, Andreessen Horowitz and Founders Fund.
The company last announced it raised $70 million in an October 2022 Series A funding round.