News | Artificial Intelligence | May 02, 2019

Company also announces analysis of millionth CT scan using artificial intelligence

Aidoc Raises $27 Million in Series B Funding

May 2, 2019 — Radiology artificial intelligence (AI) solutions provider Aidoc announced a $27 million investment, bringing its total funding to $40 million. The Series B round, led by Square Peg Capital, will be used to grow Aidoc's technology and go-to-market team.

The funding comes as Aidoc announced that it has analyzed its millionth patient’s computed tomography (CT) scan in real time – the largest number of images analyzed by an AI tool, according to the company. In addition, Aidoc will be releasing its oncology line of products as well as the extension of its current suite for time-sensitive conditions to X-ray.

"Our evaluation process included numerous conversations with hospitals that are using Aidoc's solution in clinical settings, and the value they bring to patient care became evident," said Dan Krasnostein, partner at Square Peg Capital. "Aidoc is the most mature company in AI for radiology, and we believe our partnership will help fuel their triple-digit growth."

Aidoc's U.S. Food and Drug Administration (FDA)-cleared and CE-marked solutions support and enhance the impact of radiologist diagnostic power, helping them expedite patient treatment and improve quality of care. Radiologists benefit from deep learning technology that is "always-on," running behind the scenes and freeing them to focus on the diagnosis. Aidoc's solution flags the most critical, urgent cases where a faster diagnosis and treatment can be a matter of life and death.

For more information: www.aidoc.com


Related Content

News | Radiology Imaging

Nov. 17, 2025 — AdvaHealth Solutions, a global provider of healthcare technology company, has announced its strategic ...

Time November 18, 2025
arrow
News | Lung Imaging

Nov. 18, 2025 — Qure.ai has announced a collaboration with Microsoft. Qure.ai will onboard its end-to-end lung cancer ...

Time November 18, 2025
arrow
News | Breast Imaging

Nov. 17, 2025 — RadNet, Inc. and its wholly owned subsidiary, DeepHealth have announced results from the largest real ...

Time November 17, 2025
arrow
News | Radiology Business

Nov. 13, 2025 — Covera Health recently announced that Advanced Radiology Services (ARS) has joined its national Quality ...

Time November 17, 2025
arrow
News | Radiology Imaging

Nov. 13, 2025 — Medical imaging AI company Avicenna.AI has launched AVI, a new platform that delivers AI results ...

Time November 13, 2025
arrow
News | Interventional Radiology

Nov. 12, 2025 — On Nov. 11, Huntsman Cancer Institute at the University of Utah (the U) opened its first specialized ...

Time November 13, 2025
arrow
News | Radiology Business

Nov. 12, 2025 — Siemens has announced plans to deconsolidate its remaining stake in Siemens Healthineers (currently ...

Time November 13, 2025
arrow
News | Artificial Intelligence

Nov. 6 — 2025, Gradient Health and DataFirst have announced a strategic partnership designed to bridge the gap between ...

Time November 12, 2025
arrow
News | RSNA 2025

Nov. 7, 2025 — Coreline Soft will introduce its chest AI platform AVIEW 2.0 at RSNA 2025 (Nov. 30 – Dec. 4, Chicago) ...

Time November 10, 2025
arrow
News | Teleradiology

Nov. 4, 2025 — Virtual Radiologic (vRad) recently announced the successful commercialization of The vRad Platform — a ...

Time November 10, 2025
arrow
Subscribe Now