Rad AI, a Berkeley, Calif.-based radiology startup, raised $4m in seed funding.
The round was led by Gradient Ventures, Google’s AI-focused venture fund, with participation from UP2398, Precursor Ventures, GMO Venture Partners, Array Ventures, Hike Ventures, Fifty Years VC and various angels.
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.
Founded in 2018 by Doktor Gurson and Dr. Jeff Chang, Rad AI uses machine learning to automate repetitive tasks for radiologists. The company’s first product automatically generates the impression section of radiology reports, customized specifically to the preferred language of each radiologist.
Rad AI’s current partners include Greensboro Radiology, Medford Radiology, Einstein Healthcare Network, and Bay Imaging Consultants, one of largest private radiology groups in the United States, as well as other radiology groups that have yet to be announced.
FinSMEs
25/11/2019