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

Nov 20, 2024•about 1 year ago

Amount Raised

$19 Million

Round Type

series a

San FranciscoImage RecognitionMachine LearningArtificial IntelligenceSoftware

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.

Related People

2 contacts

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