Risa Labs Raises $3.5M in Seed Funding

Risa Labs, a Palo Alto, CA-based oncology AI company, raised $3.5M in funding.

The round was led by Binny Bansal (Flipkart co-founder) with participation from Oncology Ventures, General Catalyst, z21 Ventures, ODD BIRD VC, and Ashish Gupta.

The company intends to use the capital to accelerate deployments in the next 100 cancer centers across the country within the next two years. 

Founded by Kshitij Jaggi and Kumar Shivang, Risa Labs is provider of a SaaS, AI-powered workflow automation platform to reduce delays in oncology care called BOSS. The platform leverages agentic AI, digital twins, and LLMs to deconstruct complex workflows into micro-tasks, then delegates them to a network of intelligent agents—LLMs, digital twins, and reinforcement learners, extending across an institution’s entire software stack. This allows BOSS to create a parallel digital workforce, operating on behalf of teams and alongside them.

FinSMEs

17/04/2025