yet another win earlier this month—a $50 million dollar Series B round led by Khosla Ventures. This milestone marks a new chapter for the company, which has developed industry leading technology and AI solutions for the field of radiology.
The company’s aim, especially with this new funding, is to push even further to make this technology more useful for end-users. CEO and Co-Founder of Rad AI, Doktor Gurson, explains that the company is striving to improve the holistic practice and industry of radiology. To do so, the company is promoting a wider ecosystem with its platform by allowing other vendors to insert their technology easily into Rad AI’s reporting solution.
But the progress is certainly not easy. In a relatively tumultuous economic climate that is inundated with warnings of recessionary headwinds, investors are scared to introduce fresh capital into new ideas and companies. Furthermore, the competition in this space is incredibly heated.