Caption Health

Caption Health

AI-driven ultrasound technology for cardiac imaging

About Caption Health

Simplify's Rating
Why Caption Health is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

AI & Machine Learning

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$62.5M

Headquarters

Brisbane, California

Founded

2013

Overview

Caption Health focuses on improving ultrasound technology specifically for cardiac imaging. Their software helps healthcare providers, such as hospitals and clinics, to acquire and interpret ultrasound images more accurately and efficiently. By using AI, Caption Health's solutions streamline the imaging process, making it easier for medical professionals to obtain high-quality images. Unlike many competitors, Caption Health benefits from its partnership with GE HealthCare, which allows it to access wider distribution channels and integrate its technology with GE's extensive range of healthcare solutions. The company's goal is to enhance the quality of cardiac imaging in healthcare settings, ultimately improving patient outcomes.

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Simplify's Take

What believers are saying

  • Increased adoption of handheld ultrasound devices complements Caption Health's AI technology.
  • AI integration in point-of-care ultrasound aligns with Caption Health's clinical expansion focus.
  • The trend towards value-based care makes AI-driven solutions like Caption AI attractive.

What critics are saying

  • Emerging AI-driven ultrasound companies threaten Caption Health's market share.
  • Rapid technological advancements may render Caption Health's solutions obsolete without innovation.
  • Integration challenges with GE HealthCare's systems could delay Caption AI deployment.

What makes Caption Health unique

  • Caption Health specializes in AI-driven ultrasound technology for cardiac imaging.
  • The company offers software solutions for ultrasound image acquisition and interpretation.
  • Caption Health employs a B2B model, generating revenue through software licensing and fees.

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Funding

Total Funding

$62.5M

Above

Industry Average

Funded Over

4 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$53M
Caption Health
$65M
Substack
$100M
ClickUp

Benefits

Medical, Dental & Vision

Flexible Schedule & PTO

401(k) & FSA

Commuter Benefits (In-Office)

Daily Catered Lunch (In-Office)

Company News

42t
Sep 1st, 2024
Advances in ultra-portable imaging - the latest technology

For example, Caption Health, a US-based company acquired by GE HealthCare, has developed Caption AI, an AI-powered software that assists clinicians in capturing and interpreting ultrasound images.

Channel News Asia
Sep 18th, 2023
GE HealthCare gets US$44 million grant to develop AI-assisted ultrasound tech

Caption Health, acquired by GE Healthcare earlier this year, will design the technology to run across a range of ultrasound devices and probes, including lower-cost handheld devices.

HealthExec
Feb 10th, 2023
GE HealthCare acquires AI ultrasound company

Caption Health, based in California, has raised more than $62 million through seven funding rounds, according to Crunchbase.

Business Wire
Feb 10th, 2023
GE HealthCare to Acquire Caption Health, Expanding Ultrasound to Support New Users Through FDA-Cleared, AI-Powered Image Guidance

GE HealthCare (Nasdaq: GEHC), a leading global precision care innovator, announced that it has signed an agreement to acquire Caption Health, Inc., a

MobiHealthNews
Feb 9th, 2023
GE HealthCare to acquire AI ultrasound guidance company Caption Health | MobiHealthNews

GE HealthCare announced Thursday it had signed an agreement to acquire Caption Health, maker of AI-enabled ultrasound guidance software.

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