DOTmed March 3, 2025
Avandra, a Cleveland-based company focused on advancing medical research, has raised $17.75 million in funding to enhance access to real-world medical imaging and clinical data for researchers, biopharmaceutical companies, and healthcare providers.
The funding round was co-led by Aegis Ventures and SpringRock Ventures, with additional participation from Memorial Hermann Health System, Northwell Health, Kompass Ventures, Greater Ventures, and individual investors Scott Gaines and Dr. Mark Montoney. The investment will support the development of Avandra’s platform, expansion of its data network, and commercial partnerships.
Ryan Tarzy, Avandra’s co-founder and CEO, highlighted the importance of linking medical imaging with longitudinal data for advancing artificial intelligence in healthcare. “Access to vast amounts of medical imaging linked to longitudinal data provides the last mile...
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