Funding profile · Diagnostics software
Scanbase
One Form D exists for this company, and an investment vehicle filed it, not Scanbase. That vehicle sold $321,426 to 110 investors in April 2023. Nothing has been filed since.
$321,426Sold in full by the only Form D on record, filed May 2023
110Investors in that vehicle, about $2,922 each
$500KSeed total reported by aggregators, equal to the YC standard deal
0Form D filings by Scanbase, Inc. itself
Data as of September 22, 2026. Company-reported figures are labeled.
Rounds at a glance
| When | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Winter 2023 | Y Combinator batch | $500,000 standard deal | Y Combinator | YC terms |
| Apr 17, 2023 | SPV: Scanbase Leonis a Series of CGF2021 LLC | $321,426 of $321,426 | 110 investors; administered by Sydecar LLC | Form D |
| Apr 2023, reported | Seed | $500,000 | Innovation Endeavors, Tucker Seed Fund LLC, Y Combinator, David Lieb, Sasha Medvedovsky | Aggregator only |
| 2023 | Investors named on the company site | Not disclosed | Y Combinator, Liquid 2 Ventures, Rebel Fund, TRAC | Company-stated |
| 2023 | Tracxn records two seed rounds | $500K total | Y Combinator only | Differs from the list above |
| To Sep 2026 | Any filing by Scanbase, Inc. | None | None | Not found |
What the filings show
Scanbase Leonis a Series of CGF2021 LLC · Form D · filed May 2, 2023
- First sale
- Apr 17, 2023
- Type
- Pooled investment fund, venture capital fund, Delaware series LLC formed 2023
- Offered
- $321,426
- Sold
- $321,426 · $0 remaining
- Investors
- 110 · average about $2,922 · no non-accredited investors
- Fees
- Sales commissions $0 · finders fees $0 · $6,181 of proceeds for organizational and operating expenses
- Exemptions
- Rule 506(b); Investment Company Act 3(c)(1)
- Related persons
- Sydecar LLC (administrator of the issuer); Taylor Hughes (officer of the administrator), who signed as General Manager of the Administrator
- Filing
- SEC EDGAR, CIK 0001975962
Reading the filings
- The only filing is not the company’s.Scanbase, Inc. has no Form D of its own. The single notice on record was filed by a special purpose vehicle formed to buy into it. Companies that raise on SAFEs under Section 4(a)(2) file no Form D at all, so the absence does not mean no money moved. It does mean the company has never put its own offering amounts on the record.
- The checks are angel size, and there are a lot of them.$321,426 divided by 110 investors is about $2,922 each. That is a syndicate, not a fund. The vehicle sold out exactly: offered and sold are the same number, which is how a syndicate that allocates a fixed slot reports.
- The name points at the syndicate lead.The series is called Scanbase Leonis. Leonis.vc is the syndicate run by Gabriel Jarrosson, described by its SPV provider as one of the largest French angel syndicates, with over 750 investors, and Sydecar notes that “His syndicate, Leonis.vc, invests primarily in YC companies.” Sydecar LLC is named in the filing as administrator. The filing does not name the lead, so the connection rests on the series name and the administrator.
- The reported $500K is the accelerator deal.Aggregators list a $500K seed in April 2023. Y Combinator publishes the same number as its standard terms: “we invest $500,000. $125,000 of our investment converts into a fixed 7%, and the other $375,000 is invested on an uncapped MFN SAFE.” A reported total that matches the standard deal to the dollar is more likely the batch investment than a priced round.
- The investor lists do not agree.Startup Intros names Innovation Endeavors, Tucker Seed Fund LLC, Y Combinator, David Lieb and Sasha Medvedovsky. The company’s own about page names Y Combinator, Liquid 2 Ventures, Rebel Fund and TRAC. Tracxn names only Y Combinator, dates the founding to 2004 and describes the business as care planning software, which is wrong on both counts. None of the three lists can be checked against a filing.
- The filing was on time and the fees were small.First sale April 17, filed May 2, which is the 15 day deadline used to the day. $6,181 of organizational and operating expense is about 1.9% of the raise, and no commissions or finders fees were paid.
Commercial signals
| Signal | Detail | Source type |
|---|---|---|
| Regulatory | No FDA 510(k), PMA, EUA, establishment registration or device listing found under Scanbase. The software is sold to test makers, who carry their own submissions. | Public record |
| Clinical evidence | No registered trials, no PubMed publications, no NIH or NSF awards. | Not found |
| Product scope | More than 40 at-home lateral flow and colorimetric tests, plus all ADx and Whatman style dried blood spot cards, as of August 2023. | Company-stated |
| Customers | QuidelOrtho and Aster named in a July 2023 trade article. Neither confirmed elsewhere; the company names no customer. | Unconfirmed |
| Pricing | A vendor listing records subscription and usage pricing: “$50,000/mo (Model A); $0.0900/kit (Model B)”. Not published by the company. | Third party listing |
| Revenue | GetLatka lists $3M for 2024, labeled an estimate, and lists funding as $0 on the same page. | Third party estimate |
| Headcount | Y Combinator lists 10, Tracxn lists 9 as of Aug 2026, GetLatka lists 5. | Sources disagree |
| Positioning | The 2024 site sold a 4 to 6 week algorithm integration. The 2026 site sells consulting, implementation and support services. | Company-stated |
What to watch
- A Form D from Scanbase, Inc. It has never filed one. A priced round would normally produce it within 15 days of first sale.
- An FDA submission from a customer that names Scanbase as the reader, which would put accuracy data on the public record for the first time.
- A named, confirmed customer, or a published revenue figure from the company rather than an estimate.
- Whether a second syndicate vehicle appears, which would signal a follow on round raised the same way.
The Scanbase story on Healthcare DiscoveryHealthcare Discovery
Related companies
Sources
- Public recordForm D, Scanbase Leonis a Series of CGF2021 LLC, CIK 0001975962
- Public recordSEC EDGAR search for Form D filings by or naming Scanbase
- Public recordFDA 510(k), PMA, registration and listing searches; trial registry, NIH, NSF and PubMed searches
- IndependentThe Y Combinator Standard Deal
- IndependentHow Sydecar Helped Leonis.VC Scale Their Syndicate to Over 750 Members
- IndependentScanbase: Funding, Team and Investors
- IndependentScanbase company profile
- IndependentScanbase Revenue 2024: $3M Est. ARR
- IndependentScanbase, Inc. company profile with pricing models
- IndependentScanbase and the Future of Diagnostic Test Analysis
- CompanyScanbase Revolutionizes At-Home Healthcare with AI-Powered Diagnostic Solutions
- CompanyScanbase website about page investor list, home and solutions pages
- CompanyScanbase home page capture
- CompanyScanbase company page, Winter 2023 batch
Compiled from SEC, FDA, NIH, NSF and other public records and published reports as of September 22, 2026. Form D notices report offerings under Regulation D; amounts reflect the filing date and may not capture later sales. Healthcare Venture Capital Fund holds no position in Scanbase. This page is not an offer to sell or a recommendation to buy any security.
