??BIG NEWS ??
We are thrilled to announce that Rad AI has successfully closed a $60 million Series C funding round, led by Transformation Capital. With this round, our total funding has reached $140 million, fueling our mission to transform healthcare globally.
This achievement comes just seven months after our $50 million Series B round, underscoring the rapid adoption of our generative AI solutions in healthcare.
More details about our Series C here: https://hubs.la/Q034FnSX0
OUR JOURNEY SO FAR:
?? Pioneers in Generative AI: Since 2018, we've been at the forefront of introducing generative AI products in healthcare, starting with Rad AI Impressions.
?? Expanding Reach: Our solutions are now utilized by thousands of radiologists every day at health systems and radiology practices handling roughly half of the nation’s medical imaging.
?? Award-Winning Innovation: Our latest solution, Rad AI Reporting, was honored as the "Best New Radiology Software of 2023" by AuntMinnie.com.
?? National Leaders in Healthcare AI: Rad AI was named the 19th fastest-growing company in North America on the @ Deloitte 2024 Fast 500.
LOOKING AHEAD:
This new investment will accelerate the development and deployment of our AI-driven healthcare solutions, enabling us to:
?? Enhance Radiology Workflows: Further streamline reporting processes to reduce provider fatigue and burnout.
?? Improve Patient Care: Ensure timely diagnoses and treatments through AI-driven automation.
?? Expand Our Team: We're hiring across various roles to continue solving complex challenges in healthcare and technology.
THANK YOU to all of our partners and the thousands of radiologists that have put their trust in Rad AI to assist with their workflows!