Radiology Business February 19, 2025
Avandra Imaging—a startup seeking to facilitate the sharing of medical images for research and other purposes—has raised $17.75 million from investors, the company announced Tuesday.
Seattle VC firm SpringRock Ventures co-led the financing alongside Aegis Ventures, a “startup studio” that helps entrepreneurs scale tech companies in collaboration with top hospitals. Memorial Hermann Health System and Northwell Health, who co-founded the consortium, also chipped in.
Founded in 2023, Avandra allows researchers and AI developers to access anonymized imaging data. The company offers what it says is the “world’s largest federated network” for medical imaging, seeking to free this information from PACS to help innovators develop medical breakthroughs.
“We estimate over 90% of imaging data research requests go unfulfilled...