identifeye HEALTH

identifeye HEALTH

AI platform for retinal image analysis

About

Identifeye Health focuses on improving medical diagnostics through the use of artificial intelligence in retinal imaging. Their platform enables non-specialists, such as general practitioners, to capture and analyze retinal images quickly and accurately, providing immediate health insights that can lead to earlier diagnosis and treatment of various diseases. This accessibility sets Identifeye Health apart from competitors, as it allows healthcare providers in clinics and hospitals to utilize advanced diagnostic tools without needing specialized training. The company generates revenue by selling its imaging platform, charging subscription fees for access to its AI algorithms, and forming partnerships with healthcare institutions. The main goal of Identifeye Health is to democratize access to critical health information, ultimately improving patient outcomes through timely medical interventions.

Company Stage

Series B

Employees

51-200

Industries

AI & Machine Learning, Healthcare

Total Funding

$77.8M

Headquarters

Guilford, Connecticut

Founded

2018


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Simplify's Take

What believers are saying

  • AI integration in retinal imaging is gaining traction in healthcare.
  • The market for AI in medical imaging is projected to grow significantly by 2028.
  • AI in point-of-care diagnostics is increasingly adopted, aligning with Identifeye's approach.

What critics are saying

  • Tesseract Health's $80 million funding could overshadow Identifeye's offerings.
  • Michael McConnell's appointment at Tesseract may advance their competitive technology.
  • Tesseract Health's advancements could threaten Identifeye's market position.

What makes identifeye HEALTH unique

  • Identifeye Health uses AI to provide real-time retinal imaging analysis.
  • Their platform allows non-specialists to capture and analyze retinal images easily.
  • Identifeye Health democratizes access to health insights through non-invasive retinal imaging.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

16%

2 year growth

23%

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