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Overview
Rad AI develops generative artificial intelligence to automate the creation of radiology reports and manage patient follow-up care. The platform integrates with existing medical software to draft summaries from dictated findings and track incidental health issues that require future appointments. Unlike many competitors, the company serves nearly half of all U.S. medical imaging practices and personalizes report generation to match the specific writing style of individual doctors. The company's goal is to reduce physician burnout and improve patient outcomes by streamlining time-consuming administrative tasks.
About Rad AI
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Healthcare
Company Size
201-500
Company Stage
Series C
Total Funding
$147M
Headquarters
San Francisco, California
Founded
2018
Simplify's Take
What believers are saying
- KLAS ranked Rad AI top-five AI partner; CNBC Disruptor 50 validates market leadership.
- Health system investors including Advocate Health, Memorial Hermann expand to 100+ hospitals.
- Agfa Healthcare partnership integrates Rad AI Reporting into Enterprise Imaging ecosystem globally.
What critics are saying
- Elion's competing report-generation tool captures market share via superior PACS/RIS integration.
- FDA scrutiny on generative AI radiology tools forces costly 510(k) clearance delays.
- Google DeepMind Med-PaLM 3 integrated into Epic achieves 95% accuracy, displaces Rad AI.
What makes Rad AI unique
- Serves 9 of 10 largest U.S. radiology practices with 48% efficiency gains proven.
- Integrated Rad AI Continuity doubles follow-up rates for actionable incidental findings.
- Founded by Dr. Jeff Chang, youngest radiologist in U.S. history, with ML expertise.
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Funding
Total Funding
$147M
Meets
Industry Average
Funded Over
5 Rounds
Industry standards
Benefits
Health Insurance
Health Savings Account/Flexible Spending Account
401(k) Retirement Plan
Paid Holidays
Remote Work Options
Unlimited Paid Time Off
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 2%2 year growth
↑ 3%Care Resource, a Federally Qualified Health Center, has named Karin Sabey as its new CEO.
Rad AI announced an additional $8 million investment in its Series C funding round, bringing the total to $68 million. The investment is led by Advocate Health, Memorial Hermann Health System, Corewell Health, and Atlantic Health System. These partnerships aim to scale the use of generative AI in healthcare, improving workflow and patient outcomes. Rad AI's solutions are already widely adopted in radiology, enhancing efficiency and care quality across over 100 hospitals in the U.S.
Rad AI, a San Francisco, CA-based generative AI company developing radiology solutions, raised additional $8M in funding.
Rad AI announced an additional $8 million investment in its Series C funding round, bringing the total to $68 million. The investment is led by Advocate Health, Memorial Hermann Health System, Corewell Health, and Atlantic Health System. These partnerships aim to scale generative AI in healthcare, enhancing radiology workflows and patient care. Rad AI's solutions improve reporting efficiency and follow-up care, benefiting millions of patients across over 100 hospitals in the U.S.
Rad AI has closed a $60 million Series C funding round, led by Transformation Capital, valuing the company at $525 million. This investment will accelerate the development and deployment of Rad AI's generative AI technology for healthcare providers globally. Rad AI's solutions, including Rad AI Reporting and Rad AI Continuity, aim to improve radiologist efficiency, reduce burnout, and enhance patient care. The company has raised over $140 million to date and is expanding its team.
Rad AI is Hiring for 17 Jobs on Simplify!
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About Rad AI
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Healthcare
Company Size
201-500
Company Stage
Series C
Total Funding
$147M
Headquarters
San Francisco, California
Founded
2018
Rad AI is Hiring for 17 Jobs on Simplify!
Find jobs on Simplify and start your career today