Iterative Scopes, Inc announced that it has received $149.999978 million in funding from Insight Venture Management, LLC, Clearlake Capital Group, L.P., Obvious Ventures, L.P., Johnson & Johnson Innovation - JJDC, Inc., Breyer Capital, LLC, Eli Lilly and Company and other investors

On January 19, 2022, Iterative Scopes, Inc closed the transaction. The company has received $10,000,028 in its final tranche co-led by new investors Insight Venture Management, LLC and Clearlake Capital Group, L.P together with its affiliates. The transaction included participation from returning investors Obvious Ventures, L.P., Johnson & Johnson Innovation - JJDC, Inc., Breyer Capital, LLC, Eli Lilly and Company, also included other industry and financial leaders.

As a part of the transaction Lonne Jaffe of Insight Venture Management, LLC will join the board seat. The round is raised at a post-money valuation of $635,428,858.