Tech Company Financing Transactions
Rad AI Funding Round
On 11/26/2019, Rad AI secured $4 million in Seed funding from Gradient Ventures, Array Ventures and Fifty Years.
Transaction Overview
Company Name
Announced On
11/26/2019
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to build out its engineering team and expand the rollout of its first product to more radiology groups and customers.
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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