Radiology Business May 8, 2024
Radiologist-founded startup company Rad AI has raised $50 million in new capital, leaders announced on Tuesday.
Khoslave Ventures, Menlo Park, California, led the Series B funding round alongside fellow venture capital firm WiL (World Innovation Lab), which has offices in the U.S. and Japan. Rad AI—which offers software to help radiologists save time and alleviate burnout—said it will use the funds to expand global availability of its generative AI solutions.
Currently, about one-third of U.S. hospital systems and 9 of the 10 largest radiology practices use its products.
“Rad AI has become a mission-critical part of health system workflows over the past five years,” co-founder and CEO Doktor Gurson said...