Iterative Scopes closed a $5.2 million seed round, bringing its total funding to $7 million.
What you should know:
1. The gastroenterology-focused artificial intelligence software company is hoping to use AI to solve complex endoscopy problems.
2. Wavemaker Partners led the fundraising round and was joined by Tau Ventures, p5hv, a co-founder of Okta and several family office funds.
3. Iterative wants to launch commercialization efforts around its scope in 2020.