Rad AI
Founded Year
2018Stage
Series C | AliveTotal Raised
$143.25MValuation
$0000Last Raised
$60M | 1 mo agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+99 points in the past 30 days
About Rad AI
Rad AI provides artificial intelligence solutions for the radiology sector. It focuses on helping physician workflows and patient care. The company offers a suite of products that automate radiology reporting, impressions, worklist prioritization, and patient follow-ups, aiming to save time for radiologists and reduce burnout. It serves the healthcare sector. It was founded in 2018 and is based in San Francisco, California.
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Rad AI's Product Videos
ESPs containing Rad AI
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The radiology workflow automation market improves the efficiency and accuracy of radiology processes through technology. This includes tasks such as patient scheduling, exam and procedure ordering, patient document management, report generation, and communications. Software solutions and platforms integrate with radiology information systems and picture archiving and communication systems to autom…
Rad AI named as Leader among 11 other companies, including Viz.ai, Sirona Medical, and Core Sound Imaging.
Rad AI's Products & Differentiators
Rad AI Impressions
Rad AI Impressions automatically generates the last third of the radiology report (the Impression section), customized to each individual radiologist's preferred language and style. This saves radiologists a median of one hour per 9-hour shift, while reducing fatigue and burnout. Research by a large academic medical center in the Southeast found that Rad AI Impressions reduces the error rate in Impressions by 47% compared to radiologist baseline, on side-by-side comparison of 2,000 CTA reports. Rad AI was the very first generative AI product in healthcare, first released in 2019; it is now in use by nearly half of all US health systems and 9 of the 10 largest US radiology practices, as the most widely adopted generative AI product in healthcare. It is the only commercially successful product of its kind on the market.
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Research containing Rad AI
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Rad AI in 6 CB Insights research briefs, most recently on Apr 25, 2024.
Expert Collections containing Rad AI
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Rad AI is included in 5 Expert Collections, including Digital Health.
Digital Health
11,328 items
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Digital Health 50
200 items
The winners of the third annual CB Insights Digital Health 150.
AI 100
100 items
Generative AI
1,298 items
Companies working on generative AI applications and infrastructure.
Artificial Intelligence
7,222 items
Rad AI Patents
Rad AI has filed 14 patents.
The 3 most popular patent topics include:
- health informatics
- machine learning
- medical imaging
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
1/28/2022 | 10/1/2024 | Workflow technology, Projectional radiography, Process management, Radiologic signs, Musculoskeletal radiographic signs | Grant |
Application Date | 1/28/2022 |
|---|---|
Grant Date | 10/1/2024 |
Title | |
Related Topics | Workflow technology, Projectional radiography, Process management, Radiologic signs, Musculoskeletal radiographic signs |
Status | Grant |
Latest Rad AI News
Feb 5, 2025
Fenwick & West represented Rad AI in the transaction. Rad AI, a healthcare company commercializing a generative AI product, announced raising $60 million in Series C […]
Rad AI Frequently Asked Questions (FAQ)
When was Rad AI founded?
Rad AI was founded in 2018.
Where is Rad AI's headquarters?
Rad AI's headquarters is located at 548 Market Street, San Francisco.
What is Rad AI's latest funding round?
Rad AI's latest funding round is Series C.
How much did Rad AI raise?
Rad AI raised a total of $143.25M.
Who are the investors of Rad AI?
Investors of Rad AI include Kickstart Fund, OCV Partners, UP2398, Khosla Ventures, WiL and 18 more.
Who are Rad AI's competitors?
Competitors of Rad AI include Sirona Medical, Ferrum Health, Solventum, Eon, Agamon Health and 7 more.
What products does Rad AI offer?
Rad AI's products include Rad AI Impressions and 2 more.
Who are Rad AI's customers?
Customers of Rad AI include Kaiser Permanente, https://hcahealthcare.com/, AdventHealth, Radiology Partners and Radiology Associates of North Texas (RANT).
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Compare Rad AI to Competitors
Agamon Health is a digital health company that provides AI-powered solutions in the healthcare sector. The company's offerings include follow-up management and care gap closure using generative AI, aimed at improving staff productivity and patient adherence to follow-up care. Agamon Health serves healthcare systems, imaging centers, and cancer centers, offering customizable solutions to address various clinical needs. It was founded in 2019 and is based in Tel Aviv-Yafo, Israel.
Medicom specializes in healthcare interoperability and operates within the health information technology sector. The company offers a federated health information network that aggregates and facilitates the exchange of health data through a single interface, enabling healthcare providers to access and share clinical records. Medicom's primary customer segments include the healthcare industry, government health agencies, and life sciences organizations. It was founded in 2015 and is based in Raleigh, North Carolina.
Sirona Medical specializes in providing a cloud-native radiology operating system known as RadOS, which serves the healthcare sector by modernizing radiology practices. The company offers an AI-powered platform that integrates various radiology IT applications, such as diagnostic viewing, reporting, and image archiving, accessible from anywhere to enhance workflow efficiency and productivity. Sirona Medical's solutions cater to radiology practices looking to streamline operations and leverage advanced technology for improved patient care. It was founded in 2018 and is based in San Francisco, California.
Iodine Software specializes in AI-enabled solutions for healthcare finance and revenue cycle management. The company offers a suite of solutions that leverage machine learning to enhance clinical documentation integrity and optimize revenue capture for healthcare organizations. Iodine Software primarily serves the healthcare industry, with a focus on hospitals and healthcare systems seeking to improve financial performance and patient care. It was founded in 2010 and is based in Austin, Texas.
Playback Health provides AI-based healthcare solutions, focusing on clinical documentation and communication in the healthcare sector. The company has an AI medical scribe that employs ambient listening technology to automate clinical documentation and facilitate communication. Playback Health serves the healthcare industry and integrates with electronic medical records (EMR) systems to assist clinicians. It was founded in 2018 and is based in Long Island City, New York.
Tali AI specializes in artificial intelligence solutions for the healthcare sector, focusing on reducing the administrative burden for physicians. The company offers AI ambient scribe and medical dictation software that automatically generates clinical documentation and integrates seamlessly with various electronic health record (EHR) systems. Tali AI's products are designed to improve clinical documentation efficiency and support healthcare providers by handling administrative tasks securely and compliantly. It was founded in 2020 and is based in Toronto, Canada.
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