About Path Central
Path Central is a Healthcare company based in Irvine (United States) founded in 2009, and was acquired by Xifin in August 2013. A web-based anatomic pathology LIS is provided for pathologists. Path Central has raised $14.91 million across 3 funding rounds from investors including Xifin, Okapi Venture Capital and Arboretum Ventures. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Provider and Hospital Information Systems. Its competitors include Waters Corporation, Ovation and Labvantage; 1 of its 3 listed competitors has raised funding.
Company details
Path Central was founded in 2009 in Irvine, United States, as a technology company focused on pathology software. A web-based Laboratory Information System is offered, integrating ordering, workflow management, specimen tracking, transcription, diagnosis, reporting, billing, and financial analysis for pathology practices. The company was acquired by XIFIN in August 2013.
- Headquarters Irvine, United States
- Stage Acquired
- SectorsHealthcare
- Website pathcentral.net
- Social LinkedIn X
- Acquired by Xifin (Aug 2013)
Funding Insights of Path Central
Path Central has successfully raised a total of $14.91M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $1.91 million completed in November 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $14.91M
- Total Rounds 3
- Last Round Series B — $1.91M
- First Round $10M
(Nov 2010)
- Investors Count 3
All 3 funding rounds of Path Central with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2012 | $1.91M | Series B | – | – | – |
| Aug 2011 | $3M | Series B | – | – | – |
| Nov 2010 | $10M | Series B | – | Okapi Venture Capital, Arboretum Ventures | – |
4 investors in total: 4 institutional.
Investors in Path Central
Path Central has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Xifin, Okapi Venture Capital and Arboretum Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused VC investment company | okapivc.com | Newport Beach, United States | ||
Healthcare venture capital investments are made by Arboretum Ventures. | arboretumvc.com | Ann Arbor, United States | ||
Global private equity and venture capital investments in B2B Tech & Services companies. | bairdcapital.com | |||
Cloud-based billing & revenue cycle management solutions for diagnostic service providers | 1997 | xifin.com | San Diego, United States |
Investor details for Path Central
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Timeline of Path Central
4 dated milestones of Path Central across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Path Central is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series B, of $1.9M.
- Exit Acquired by Xifin.
Competitors of Path Central
Path Central has 3 listed competitors in our database, 1 of them funded. They include Waters Corporation, Ovation and Labvantage.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| waters.com | 1958 | Milford, United States | 9,341 | Provider of laboratory management system for researchers and clinicians | ||
| ovation.io | 2009 | Cambridge, United States | $33.28M | 35 | Cloud-based platform for laboratory data management and collaboration is provided. | |
| labvantage.com | 1989 | Somerset, United States | 100 | LIMS, Quality ELN and Business Intelligence solutions for laboratory |
Detailed competitors of Path Central
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Path Central (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Frequently Asked Questions about Path Central
Path Central was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Path Central is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Path Central is a funded company, having raised a total of $14.91M across 3 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Nov 2010.
Path Central was founded in 2009 in Irvine, United States, as a technology company focused on pathology software. A web-based Laboratory Information System is offered, integrating ordering, workflow management, specimen tracking, transcription, diagnosis, reporting, billing, and financial analysis for pathology practices. The company was acquired by XIFIN in August 2013.
Path Central's top competitors include Ovation, Waters Corporation and Labvantage.
Path Central has 4 investors. Key investors include Xifin, Okapi Venture Capital, Arboretum Ventures, and Baird Capital.
Yes. Path Central was acquired by Xifin in August 2013.