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New Lantern raised $19M in a Series A funding round led by Benchmark to launch its AI radiology resident.

PRIVATENov 20, 2024•over 1 year ago

Amount Raised

$19 Million

Round Type

series a

San FranciscoSoftwareArtificial IntelligenceMachine LearningImage Recognition

Investors

Gokul RajaramJay KrepsSaji WickramasekaraAmjad MasadGuillermo RauchSv AngelNeoAnthology FundAfore CapitalBenchmark

Description

New Lantern has launched its AI radiology resident, emerging from stealth and backed by $19M in Series A funding led by Benchmark. This funding aims to enhance radiologists' efficiency and increase revenues by automating substantial workflows in radiology.

Company Information

Company

New Lantern

Location

San Francisco, California, United States

About

New Lantern is the AI copilot for radiologists. Founded in 2021, the company has built the first complete AI radiology suite that automates key imaging and reporting workflows, boosting radiologists’ efficiency and income by 2x. New Lantern is backed by investors including Benchmark, Afore Capital, Anthology Fund, Neo, SV Angel, Guillermo Rauch, Amjad Masad, Saji Wickramasekara, Jay Kreps, and Gokul Rajaram, among others.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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