DermaSensor Secures $16M to Scale AI-Powered Skin Cancer Detection in Primary Care
MIAMI, FL – October 2, 2025 / EINPresswire.com/ DermaSensor Inc., a medical device technology company transforming skin cancer detection for frontline care, today announced it has raised $16 million in Series B funding to fuel the commercial expansion of its FDA cleared, non-invasive skin cancer detection solution. This latest round of financing comprises most major existing investors, as well as new institutional investors including Pier 70 Ventures, Kern Venture Group, GenHenn Capital, and an undisclosed strategic investor. This additional $16M in capital brings the total investment in the company to $43 million.
The financing follows strong early market traction, with the company already surpassing 20,000 skin lesions scanned with an average quarterly growth rate of 117% since its U.S. commercial launch in mid-2024, following FDA De Novo clearance in early 2024. This strong adoption underscores the demand in primary care for rapid assessments and clinically validated tools that empower physicians for early cancer detection. The device’s strong clinical performance and benefits have been recognized in several top-tier publications, such as Nature, and by many prestigious awards, including TIME’s Best Inventions of 2024.
