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, 2025•3 months ago
Amount Raised
$8 Million
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers