A High-Growth Summer: Awesome Fund Backs Parasight System and Doubles Down on Thynk Health

Ben Strevy

Ben Strevy, Fund Principal

August 07, 2025

It’s been a busy summer for the Awesome Fund. Fresh off announcing that the early-stage vehicle closed above its $5 million target and has already deployed over 25% of its fund over 15 investments , the team added two more milestones to the 2025 scorecard:

  • A new seed investment in Parasight System, an AI-driven veterinary diagnostics company.

  • A follow-on investment in portfolio company Thynk Health, the Lexington startup using natural-language processing to streamline cancer-screening workflows.

Below is a closer look at why these bets matter for Kentucky’s innovation economy—and for Awesome Fund’s growing portfolio.


Betting on Better Pet Care: Parasight System

Founded at the University of Kentucky, Parasight System has built an All-in-One analyzer that combines antigen-based fluorescence detection with computer-vision AI to deliver lab-quality results in minutes. The tabletop device already supports a number of distinct tests, from fecal egg counts to heartworm and Lyme, giving clinics a faster, more accurate alternative to microscopes and send-out labs.

“Parasight combines a team made up of people who have proven experience in the Veterinary industry, AI,  and a recurring-revenue model that we love,” said Ben Strevy, Fund Principal at Awesome Fund. “Their platform is a perfect fit for our thesis of tech that modernizes overlooked workflows.”


Doubling Down on Data-Driven Cancer Screening: Thynk Health

Awesome Fund first backed Thynk Health in 2023; the company’s AI and NLP platform automates incidental-findings tracking and low-dose CT lung-cancer screening. Based in Lexington, KY, Thynk’s roots and mission align squarely with the fund’s 50 percent Kentucky deployment mandate.

The summer 2025 follow-on fuels expansion and servicing of new markets.

“The Thynk team has really shown us that they are able to grow and hit the metrics that they set out to do.” said Ben Strevy, Fund Principal at Awesome Fund. “Their mission to save lives resonates with us in a way beyond the business fundamentals"


Why These Deals Matter

  • Mission fit: Both companies attack data-heavy, error-prone workflows—veterinary diagnostics and cancer screening—that mirror Awesome Fund’s focus on solving problems and making a difference in people’s lives.

  • Kentucky roots, national reach: Parasight and Thynk are headquartered in Lexington, creating high-skill jobs locally while selling nationwide.

  • Follow-on flexibility: The new Thynk check underscores Awesome Fund’s pledge to reserve 50% of fund capital for breakout portfolio winners.


Looking Ahead

With these two investments, Awesome Fund has now backed 11 startups and completed another follow-on round just two years after launching. Expect more activity this fall as the team continues to scout high-growth opportunities across the Commonwealth and beyond the Kentucky Region—and proves that world-class innovation can thrive far beyond the coasts.

For press inquiries or to pitch your company, reach out at awesomefund.vc.

About Awesome Fund

Founded in Lexington, Kentucky, Awesome Fund is an early-stage venture capital fund dedicated to investing in high-potential startups with innovative solutions. Launched by Awesome Inc, the fund has been deploying capital since August 2023 to drive entrepreneurship and economic growth in Kentucky and beyond.

About Awesome Inc

Founded in 2009, Awesome Inc is a Lexington-based startup accelerator, coworking space, and coding school dedicated to helping entrepreneurs and tech talent thrive. Through programs like the Awesome Fellowship, 5 Across pitch competition, and Awesome Inc U, the organization provides vital resources to founders and startups across the region. Learn more at awesomeinc.org.