Aidence

Amsterdam, Netherlands Founded: 2015 • Age: 11 yrs Acquired By RadNet
Medical images are analyzed using deep learning for radiologists.
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About Aidence

Aidence is a company based in Amsterdam (Netherlands) founded in 2015 was acquired by RadNet in January 2022.. Aidence has raised $13.83 million across 4 funding rounds from investors including RadNet, European Union and EIC Fund. Aidence offers products and services including Veye Lung Nodules and Veye Reporting. Aidence operates in a competitive market with competitors including Change Healthcare, AIdoc, HeartFlow, Cleerly and eCential Robotics, among others.

  • Headquarter Amsterdam, Netherlands
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13.83 M (USD)

    in 4 rounds

  • Latest Funding Round
    $59.52 K (USD), Grant

    Jun 30, 2021

  • Investors
    RadNet

    & 8 more

  • Employee Count
    Employee Count
  • Acquired by
    RadNet

    (Jan 24, 2022)

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Products & Services of Aidence

Aidence offers a comprehensive portfolio of products and services, including Veye Lung Nodules and Veye Reporting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Automates detection and quantification of lung nodules on chest CTs

Provides standardized interactive reports for lung nodule results

People of Aidence
Headcount 50-200
Employee Profiles 20
Employee Profiles
People
Oleksiy Slucenko
Cloud Operations Engineer
People
Emil Mladenov
Backend Engineer
People
Leonardo Fedalto
Senior Software Engineer
People
Alemnew Sheferaw Asrese
Senior Cloud DevOps Engineer

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Funding Insights of Aidence

Aidence has successfully raised a total of $13.83M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $59.52 thousand completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Grant — $59,521
  • First Round

    (01 Jun 2017)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Grant - Aidence Valuation

investors

Apr, 2020 Amount Grant - Aidence Valuation

investors

Feb, 2019 Amount Series A - Aidence Valuation Inkef
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aidence

Aidence has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include RadNet, European Union and EIC Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Early-stage startups are funded by Northzone venture capital.
Founded Year Domain Location
Venture capital funding is provided to B2B software startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aidence

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Aidence

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aidence Comparisons

Employees
+
Add Comparison
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Competitors of Aidence

Aidence operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Change Healthcare, AIdoc, HeartFlow, Cleerly and eCential Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based solutions are delivered for healthcare payers, providers, and patients.
domain founded_year HQ Location
AI-based single-screen system is provided to streamline medical imaging.
domain founded_year HQ Location
Cardiovascular diagnostics are provided using CT scans and analytics.
domain founded_year HQ Location
Atherosclerotic plaque is quantified by AI using coronary CT angiograms.
domain founded_year HQ Location
Robotic surgery platform for bone procedures is developed.
domain founded_year HQ Location
Provider of AI-based solution for diagnosis of cancer related lesions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aidence

Frequently Asked Questions about Aidence

When was Aidence founded?

Aidence was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Aidence located?

Aidence is headquartered in Amsterdam, Netherlands.

Is Aidence a funded company?

Aidence is a funded company, having raised a total of $13.83M across 4 funding rounds to date. The company's 1st funding round was a Series A of $11.31M, raised on Jun 01, 2017.

What does Aidence do?

Aidence was founded in 2015 in Amsterdam, Netherlands, focusing on the healthcare sector. An AI platform is provided for radiologists to process medical images across various modalities. Disorders are detected and classified through deep learning algorithms that enable real-time structured reporting. The software is designed for integration with existing PACS systems and workstations, supporting workflow efficiency in clinical settings. Operations are centered on advancing diagnostic tools for radiology practices.

Who are the top competitors of Aidence?

Aidence's top competitors include Change Healthcare, AIdoc and eCential Robotics.

What products or services does Aidence offer?

Aidence offers Veye Lung Nodules and Veye Reporting.

Who are Aidence's investors?

Aidence has 9 investors. Key investors include RadNet, European Union, EIC Fund, Northzone, and Healthinnovations.

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