Centaur Labs Raises $15M in Funding

Centaur Labs’ founders (L to R): Tom Gellatly, VP of Engineering, Erik Duhaime, CEO, and Zach Rausnitz, CTO (Photo: Business Wire)

Centaur Labs, a Boston, MA-based medical data labeling company, raised $15m in funding.

The Series A round was led by Matrix Partners with participation from other funds including Accel, Global Founders Capital, Susa Ventures, Y Combinator, and individual investors including John Capodilupo (founder and CTO of WHOOP), Tom Lee (founder of One Medical), and Elliot Cohen (founder and CPO of PillPack).

The company intends to use the funds for the expansion of its global network of labelers and accelerate product development and hiring.

Co-founded in 2017 by Tom Gellatly, VP of Engineering, Erik Duhaime, CEO, and Zach Rausnitz, CTO, Centaur Labs Founded in 2017, Centaur Labs is advancing medical AI through accurate medical data labeling. Its network of experts provides labels on a wide range of data formats, including medical images (X-ray, CT/MR, dermatology, ophthalmology, pathology), videos (surgical videos, ultrasound), text (scientific text, medical notes), and audio recordings (heart and lung sounds). Rather than relying on the opinion of a single expert, Centaur intelligently combines opinions from multiple experts, who are both trusted and rewarded based on their performance.

Centaur Labs advisors include:

  • Dr. Tina Kapur, Assistant Professor of Radiology, Harvard Medical School and Executive Director of Image Guided Therapy, Brigham and Women’s Hospital Department of Radiology
  • Dr. Matthew Lungren, Associate Professor, Stanford University School of Medicine, and Co-Director Stanford Center for Artificial Intelligence in Healthcare
  • Thomas W. Malone, the Patrick J. McGovern Professor of Management at the MIT Sloan School of Management and the founding director of the MIT Center for Collective Intelligence