Fenwick Represents Rad AI in $60M Series C Funding

Fenwick represented Rad AI, a healthcare company commercializing a generative AI product, in its $60 million Series C funding. The round was led by Transformation Capital with participation from existing investors Khosla Ventures, World Innovation Lab, UP2398, Kickstart Fund, OCV Partners, Cone Health and others.

Rad AI will use the funds to further solidify themselves as leaders in healthcare generative AI. More information can be obtained from the company announcement.

The Fenwick transaction team was led by corporate partners Cindy Hess and Lara Foster and included associates Jared Leung, Lindsey Macalalad, Havyn Quigley.