Segmed

Segmed

Provides access to de-identified medical data

About Segmed

Simplify's Rating
Why Segmed is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

AI & Machine Learning

Healthcare

Company Size

11-50

Company Stage

Series A

Total Funding

$19.3M

Headquarters

Palo Alto, California

Founded

2019

Overview

Segmed provides a platform for accessing millions of de-identified and standardized medical images and records, primarily aimed at supporting research and development in healthcare. Their service is particularly useful for artificial intelligence teams that need large and diverse datasets for their projects. Segmed ensures that the data is machine-readable and can be delivered quickly, which helps clients accelerate their project timelines. Additionally, Segmed assists healthcare organizations in monetizing their untapped medical data, allowing them to create passive revenue streams while contributing to medical research. This dual approach of providing data access and enabling data monetization sets Segmed apart from competitors, as it not only serves the needs of AI teams and clinical operations but also benefits healthcare providers.

YC Company
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Funded Recently
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Simplify's Take

What believers are saying

  • Segmed's partnership with Nvidia enhances AI capabilities in healthcare.
  • The $10.4 million Series A funding shows strong investor confidence.
  • Openda's launch reflects a trend towards comprehensive data solutions in healthcare.

What critics are saying

  • Synthetic data generation may face challenges in accuracy and reliability.
  • Rebranding to Openda may disrupt customer experience and brand recognition.
  • Partnerships may face regulatory scrutiny due to synthetic data's novelty.

What makes Segmed unique

  • Segmed offers a vast repository of de-identified, standardized medical images and records.
  • The company provides rapid access to machine-readable data for healthcare R&D.
  • Segmed enables healthcare organizations to monetize untapped medical data assets.

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Funding

Total Funding

$19.3M

Meets

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
Below Average

Industry standards

$15M
$8.2M
Discord
$10.4M
Segmed
$15M
Canva
$100M
GitHub

Benefits

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

↑ 2%

1 year growth

↑ 0%

2 year growth

↑ 4%
EIN News
Oct 24th, 2024
RYVER.AI and SEGMED Partner to Develop a Comprehensive AI Model for Synthetic Medical Image Generation

By integrating RYVER.AI's generative AI capabilities with Segmed's vast repository of real-world medical images, this partnership will expand the variety and quality of training data, making it possible to develop AI systems that can more accurately reflect real clinical environments.

Blumberg Capital
Sep 3rd, 2024
Segmed Secures $10.4 Million Series A Funding, Led by iGan Partners and Advocate Health

Segmed secures $10.4 million Series A funding, led by iGan Partners and Advocate Health.

PR Newswire
Sep 3rd, 2024
Segmed Secures $10.4 Million Series A Funding, Led by iGan Partners and Advocate Health

/PRNewswire/ -- Segmed, Inc., a leader in providing real-world imaging data for health innovation, has raised a $10.4 million Series A funding round. The...

PR Newswire
Jul 1st, 2024
Segmed Unveils New Brand Identity And Introduces Openda, The Next Evolution For Its Insight Platform

Openda: Empowering Healthcare Innovation with Advanced Medical Imaging Data SolutionsPALO ALTO, Calif., July 1, 2024 /PRNewswire/ -- Segmed, Inc., a leader in providing Real-World Imaging Data for Health Innovation, is proud to announce the launch of its comprehensive corporate rebrand, culminating in the unveiling of Openda as the new identity for its cutting-edge Insight Platform.This rebranding initiative reflects Segmed's commitment to not only being the leading imaging data provider to the AI healthcare space, but also bringing medical imaging data to life sciences and biopharma. Openda represents a significant step forward, encapsulating the company's mission to provide accessible, high-quality real-world imaging data to empower healthcare professionals and researchers worldwide.Segmed is excited to unveil our dynamic rebranding initiative, which includes a striking new corporate logo, a vibrant internal and external brand identity, and a complete overhaul of our digital presence and infrastructure. This transformation is designed to perfectly showcase the full range of innovative services and capabilities that Segmed proudly delivers."We are thrilled to introduce Openda as the next chapter in our journey," said Martin Willemink, CEO of Segmed. "This rebrand signifies our evolution and growth as a company, and reaffirms our dedication to revolutionizing the healthcare data landscape."Openda, formerly known as Segmed Insight, offers a comprehensive suite of tools designed to streamline the process of accessing and utilizing healthcare data for research, development, and analysis. With its user-friendly interface and advanced capabilities, Openda empowers users to unlock valuable insights from diverse datasets securely and efficiently. As the volume of healthcare data continually grows, Openda stays ahead by constantly expanding its database, integrating new datasets sourced from Segmed's healthcare partners

Aunt Minnie
Apr 19th, 2024
Segmed partners with Beacon Health System in Indiana

Data management vendor Segmed plans to partner with nonprofit Beacon Health System in Indiana to supply Segmed's advanced medical imaging data.

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