Tech Company Financing Transactions
Rad AI Funding Round
Khosla Ventures, ARTIS Ventures and Gradient Ventures invested in a $50 million Series B funding round for Rad AI. The round was announced on 5/7/2024.
Transaction Overview
Company Name
Announced On
5/7/2024
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
Proceeds Purpose
The fresh capital will be used to build a team that deploys Rad AI's latest product: a standalone radiology reporting solution.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1936 University Ave. 280
Berkeley, CA 94704
USA
Berkeley, CA 94704
USA
Phone
Undisclosed
Website
Email Address
Overview
To increase access and quality of healthcare, for everyone. With a focus on imaging, Rad AI enhances accuracy of and access to diagnosis. Radiology is a critical part of medical diagnosis and treatment. Incorrect diagnosis, treatment in the absence of diagnosis, and lack of monitoring disease progression can have serious, even fatal, consequences for a patient.
Management Team
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Where The Data Comes From
We record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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