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Deep Lens

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Saas-based precision medicine software suite

Columbus, United StatesFounded 2017Biotech & Life Sciences
Valuation $50–100M Last recorded · 2019
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Deep Lens

Deep Lens, founded in 2017 by Simon Arkell, Dave Billiter, TJ Bowen, Michael Coffman, and Jamie Maclennan, operated as a digital healthcare company focused on accelerating patient recruitment for oncology clinical trials. The company originated as a spinout from Nationwide Children's Hospital, where co-founder Dave Billiter, drawing from a 20-year career in healthcare informatics at institutions like Cardinal Health, recognized the persistent challenge of connecting patients with clinical trials. This firsthand experience directly shaped the company's mission.

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The company's core offering was VIPER (Virtual Imaging for Patient Evaluation and Recruitment), an AI-driven, cloud-based platform. VIPER was designed to automate the clinical trial screening process by ingesting and analyzing a combination of electronic medical records (EMR), genomic data, and digital pathology reports. By integrating directly with hospital systems and molecular data feeds, the platform could identify eligible cancer patients for specific trials at the moment of their diagnosis. This provided care teams, trial coordinators, and oncologists with immediate visibility into available studies, streamlining a process historically hindered by manual review and resource constraints. The business model centered on providing its platform to biopharmaceutical companies, clinical research organizations (CROs), and healthcare providers, operating a SaaS-based subscription model. The platform's value proposition was its ability to compress study timelines and help bring new therapies to market faster.

In January 2023, Deep Lens was acquired by Paradigm, a healthcare technology firm focused on building a clinical research ecosystem to make trials a standard care option. The acquisition was part of a larger $203 million Series A funding round for Paradigm, co-led by ARCH Venture Partners and General Catalyst. The technology and team from Deep Lens were integrated into Paradigm's platform to enhance its patient recruitment capabilities for oncology trials. Subsequently, in March 2024, Paradigm itself was acquired by Exact Sciences, further integrating the Deep Lens technology into a broader precision oncology portfolio.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2017
Headquarters
Columbus, United States
Employees
6
Open positions
None listed
Dealroom signal
61.2/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Drug Development, DNA, Genetics and genomics
Technology
Artificial Intelligence, Hardware, Deep Tech, Machine Learning, Nanotech
Business model
SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jan 2023 $0 — Paradigm ↗
SERIES A✓Equity / VC Apr 2019 $14M $56M Northpond Ventures · Sierra Ventures · Tamarind Hill · Rev1 Ventures —
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Growth signals

Deep Lens website traffic

Latest recorded traffic for Deep Lens is 690 monthly website visits, down 93% over the last three months. Deep Lens's team grew 0% over the past year.

Latest monthly visits690 3-month web change-93% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Rev1 Ventures

Series A3 investors entered at this stage

Other known investors3 additional known investors

  • Nationwide Children's Hospital
  • Paradigm
  • AIX Ventures
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Deep Lens on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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