Avandra raised $17.75M in a funding round co-led by Aegis Ventures and SpringRock Ventures to advance the use of real-world medical data for research and patient care.
Amount Raised
$17.8 Million
Round Type
Funding Round
ClevelandBiotechnologyHealth CareMedicalMedical DeviceInvestors
Description
Avandra, the world’s largest federated network for medical imaging and clinical data, has raised $17.75 million to accelerate the use of imaging-centric data. The capital will be used to develop the platform, expand its data network, and scale commercial initiatives with biopharma and medical researchers.
Quick answer
Avandra raised $17.8 Million in a Funding Round round, dated February 18, 2025. Investors: Springrock Ventures, Memorial Hermann Health System, Northwell Health, Kompass Ventures, Greater Ventures, Scott Gaines, Dr. Mark Montoney and Aegis Ventures. Avandra is based in Cleveland, Ohio, United States.
- How much did Avandra raise?
- Avandra raised $17.8 Million in a Funding Round round on February 18, 2025.
- Who invested in Avandra?
- Springrock Ventures, Memorial Hermann Health System, Northwell Health, Kompass Ventures, Greater Ventures, Scott Gaines, Dr. Mark Montoney and Aegis Ventures are named as investors in this round.
- What does Avandra do?
- Avandra is creating the largest federated network for de-identified medical image data to overcome previously impossible medical challenges, bringing hope and medical breakthroughs that transform patient lives.
- Where is Avandra based and how big is it?
- Avandra is based in Cleveland, Ohio, United States. Fundz records about 11 employees.
- Who are the decision-makers at Avandra?
- Fundz holds 2 contacts at Avandra. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Medical and Medical Device around the same time
Companies in the same sectors as Avandra that raised within 45 days of this round, from Fundz verified event records.
- Perkant Tech raised $772K (Seed) on April 3, 2025.
- Tenon Medical raised $1.5M on March 25, 2025.
- Tenon Medical raised $2.5M on March 25, 2025.
- Innventure raised $29M on March 24, 2025.
- Iridex Corporation raised $10M on March 19, 2025.
- Tenon Medical raised $4.6M on March 12, 2025.
Who to call at Avandra, and when
A new round usually means Avandra is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Avandra raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Avandra, from your own LinkedIn network
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Related People
Avandra raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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