AI-endoscopy company closes $5.2M seed round — 3 insights

Iterative Scopes closed a $5.2 million seed round, bringing its total funding to $7 million.

What you should know:

1. The gastroenterology-focused artificial intelligence software company is hoping to use AI to solve complex endoscopy problems.

2. Wavemaker Partners led the fundraising round and was joined by Tau Ventures, p5hv, a co-founder of Okta and several family office funds.

3. Iterative wants to launch commercialization efforts around its scope in 2020.

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