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Optain Health

AI retinal imaging for disease screening

Overview

Optain Health provides an AI-powered retinal imaging platform that screens for 140+ systemic and eye conditions. Its core product combines a portable fundus camera with AI-enabled Software as a Medical Device (SaMD) to analyze retinal images and generate a risk assessment in under a minute for clinicians. It is designed to fit into standard clinical workflows and serve providers, patients, and payers by standardizing care, enabling risk stratification, and reducing missed diagnoses. The goal is to enable early detection and preventive care at scale by making retinal AI screening fast, easy to deploy in clinical settings, and useful for guiding diagnoses and care decisions.

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About Optain Health

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

Industries

Data & AnalyticsEnterprise SoftwareAI & Machine LearningHealthcare

Company Size

11-50

Company Stage

Series A

Total Funding

$38M

Headquarters

Melbourne VIC, Australia

Founded

2023

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Simplify's take

What believers are saying

  • Optain reported 250 global sites in May 2026, with 1,000 deployments planned.
  • Insight Partners’ September 2025 Series A brought seven health systems and stronger distribution.
  • Australia expansion with Bupa and Melbourne R&D adds funding, jobs, and APAC reach.

What critics are saying

  • Zeiss launched Alta Duo 300 and PathFinder in November 2026, squeezing differentiation.
  • Optain filed a 2026 SEC D offering still only half-sold, signaling cash burn.
  • If health systems pause deployments, Optain loses its scaling story and acquisition rationale.

What makes Optain Health unique

  • Optain combines AI retinal screening with EyePACS’ 740-site teleophthalmology network.
  • Its robotic, point-of-care camera needs no dilation and fits primary-care workflows.
  • Professor Mingguang He’s decade-long research gives Optain proprietary oculomics credibility.

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Funding

Total Funding

$38M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
$15M
$26M
$30M

Benefits

  • Health Insurance
  • Vision Insurance
  • Dental Insurance
  • Wellness Program
  • Remote Work Options
  • Company Equity
  • Performance Bonus
  • Commuter Benefits

Company News

FinSMEs
Nov 10th, 2025
Optain Health Acquires EyePACS

Optain Health acquires EyePACS. Optain Health, an Akron, OH-based healthcare technology company applying artificial intelligence (AI), robotic retinal imaging, and teleophthalmology, acquired EyePACS, a Santa Cruz, CA-based provider of a teleophthalmology network. By combining Optain's imaging with EyePACS's nationwide network, the unified and fully integrated system offers: * Push-button robotic imaging with no dilation required. * Lightweight, portable camera designed for true point-of-care use. * Multilingual patient guidance to reach diverse communities. * Specialist multi-condition grading including diabetic retinopathy and beyond. * Seamless integration with all major U.S. EHR systems. * Scalable analytics to support population health programs. Led by CEO Dr. Jorge Cuadros, EyePACS has powered community-based eye-disease screening across more than 740 clinical sites, including FQHCs, county health systems, and home-health programs. The network has identified more than 140,000 individuals with severe sight-threatening disease among 1.5 million patients screened. The platform and workflows will continue to operate as they do today, ensuring full continuity for existing clinics. Led by CEO Jeff Dunkel, Optain improves preventive health with AI-enabled software and hardware that deliver real-time, non-invasive detection of eye and systemic conditions. Its portable robotic retinal camera, AI, and teleophthalmology service give clinicians an affordable point-of-care tool to close care gaps, reduce avoidable costs, and improve patient outcomes.

Fierce Healthcare
Nov 6th, 2025
Optain acquires EyePACS, expands retinal screening

Optain Health, an AI-powered retinal screening startup, acquired EyePACS to enhance its teleophthalmology network and expand eye-disease screening in primary care. The merger aims to prevent avoidable blindness and improve patient care. Optain, backed by a $26M Series A and $12M seed funding, plans to integrate EyePACS's network with its technology. The combined platform offers rapid, non-invasive retinal exams and aims to redefine retinal imaging for systemic disease detection. Financial terms were undisclosed.

Ophthalmology Times
Sep 14th, 2025
Optain Health secures $26 million Series A funding

Optain Health recently announced the close of an oversubscribed $26 million in Series A funding.

MobiHealthNews
Sep 11th, 2025
Optain Health secures $26M for retinal imaging platform

Optain Health, a healthcare technology company specializing in retinal imaging and teleophthalmology, announced an overscribed $26 million Series A funding raise led by Insight Partners.

Pioneer Publishers
Sep 10th, 2025
Optain Health Raises $26M Series A

Optain Health closed a $26 million Series A funding round led by Insight Partners, with participation from seven major U.S. health systems. The funding will accelerate the global rollout of Optain's AI-driven oculomics platform, which uses robotic retinal imaging for early disease detection. The platform will be deployed across health systems to improve screening access and outcomes. Dr. John Noseworthy will join Optain's board as an observer.

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