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Rad AI raised an additional $8M in funding, led by Advocate Health and others, to expand operations and development efforts, extending its $60M Series C.

May 20, 20253 months ago

Amount Raised

$8 Million

San FranciscoSoftware

Investors

Atlantic Health SystemCorewell HealthMemorial Hermann Health SystemAdvocate Health

Description

Rad AI, based in San Francisco, CA, develops generative AI solutions for radiology. Recently, the company raised an additional $8M in funding to bolster its growth and product development. The round was led by Advocate Health, Memorial Hermann Health System, Corewell Health, and Atlantic Health System. Rad AI's innovative solutions aim to improve efficiency and care quality in radiology.

Company Information

Company

Rad Ai

Location

San Francisco, California, United States

About

Rad AI specializes in generative AI solutions for radiology. Its flagship product, Rad AI Reporting, streamlines radiology reporting with AI-driven technology and empowers radiologists to achieve efficiency, accuracy, and satisfaction. In addition, Rad AI Impressions established the company as a player in generative AI for radiology. Finally, Rad AI Continuity uses AI to help ensure patient follow-up for potential new cancers.

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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