Radiology Business April 24, 2024
Smart Reporting, a radiologist-founded technology startup, has raised nearly $25 million in new funding, leaders announced Monday.
Munich, Germany-based TVM Capital Life Science led the Series C financing round with additional contributions from Bayern Kapital and existing investors. Medical documentation currently occupies about 40% of a physician’s day, but Smart Reporting aims to address this by automating and streamlining workflows, with a focus on imaging.
The company plans to use the money to expand product development and international partnerships, broadening its presence across the U.S., Canada, Australia and New Zealand.
“New technologies such as AI and machine learning are key drivers of innovation in the healthcare industry and offer great potential for growth,” Dr. Hubert Birner, MBA, managing partner at...