Cirdan Imaging

Lisburn, United Kingdom Founded: 2010 • Age: 16 yrs
Medical imaging and informatics technology is supplied for cancer diagnosis.
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About Cirdan Imaging

Cirdan Imaging is a company based in Lisburn (United Kingdom) founded in 2010 by Cahal Cormican and Stephen Dunniece.. Cirdan Imaging has raised $23.58 million across 8 funding rounds from investors including British Business Bank, Invest Northern Ireland and 57 Stars. The company has 1 employees as of December 31, 2021. Cirdan Imaging offers products and services including ULTRA LIS, Cirdan Tutor, Solas OR XL, Path Lite+, and Core Lite. Cirdan Imaging operates in a competitive market with competitors including Waters Corporation, Deciphex, Ovation, Labvantage and Labforward, among others.

  • Headquarter Lisburn, United Kingdom
  • Employees 1 as on 31 Dec, 2021
  • Founders Cahal Cormican, Stephen Dunniece
  • Stage Minicorn
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cirdan Limited
  • Date of Incorporation 30 Sep, 2016
  • Jurisdiction LISBURN, NORTHERN IRELAND
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $5.18 M (USD)
    39
    as on Jun 30, 2019
  • Net Profit
    $-1.31 M (USD)
    -101
    as on Jun 30, 2019
  • EBITDA
  • Total Equity Funding
    $23.58 M (USD)

    in 8 rounds

  • Latest Funding Round
    $9.79 M (USD), Series B

    Oct 15, 2024

  • Investors
  • Employee Count
    1

    as on Dec 31, 2021

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Products & Services of Cirdan Imaging

Cirdan Imaging offers a comprehensive portfolio of products and services, including ULTRA LIS, Cirdan Tutor, Solas OR XL, Path Lite+, and Core Lite. 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

Streamlines laboratory workflows for clinicians and pathologists.

Enhances digital pathology learning and training experiences.

Provides X-ray specimen cabinet for pathology labs.

Offers complete gross imaging for laboratory use.

Enables rapid verification of breast biopsy cores.

People of Cirdan Imaging
Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Hugh Cormican
CEO
People
Laura Henry
Head of Finance
People
Paul Matthews
Head of QARA
People
Stephen Dunniece
Chief Imaging Officer

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Funding Insights of Cirdan Imaging

Cirdan Imaging has successfully raised a total of $23.58M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $9.79 million completed in October 2024. 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 8
  • Last Round Series B — $9.8M
  • First Round

    (21 Dec 2011)

  • Investors Count 34
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2024 Amount Series B - Cirdan Imaging Valuation British Business Bank , 57 Stars
Oct, 2023 Amount Series A - Cirdan Imaging Valuation Kernel Capital
Feb, 2020 Amount Series A - Cirdan Imaging Valuation

investors

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 Cirdan Imaging

Cirdan Imaging has secured backing from 34 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include British Business Bank, Invest Northern Ireland and 57 Stars. 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
Angel
Investor Description Founded Year Domain Location
Private debt fund and fund of funds focused on startups
Founded Year Domain Location
Private equity firm
Founded Year Domain Location
VC firm investing in the UK and the US
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 Cirdan Imaging

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 - Cirdan Imaging

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

Cirdan Imaging Comparisons

Employees
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Competitors of Cirdan Imaging

Cirdan Imaging 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 Waters Corporation, Deciphex, Ovation, Labvantage and Labforward, 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
Provider of laboratory management system for researchers and clinicians
domain founded_year HQ Location
Digital pathology software is developed for clinical and veterinary productivity.
domain founded_year HQ Location
Cloud-based platform for laboratory data management and collaboration is provided.
domain founded_year HQ Location
LIMS, Quality ELN and Business Intelligence solutions for laboratory
domain founded_year HQ Location
Laboratory collaboration platforms for data, devices, and researchers are provided.
domain founded_year HQ Location
Provider of data driven drug discovery and development platform for various industries
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 Cirdan Imaging

Cirdan Raises £7.5 Milllion in Funding
Startuprise1 year ago
Cirdan Raises £2.3M in Funding
Finsmes2 years ago

Frequently Asked Questions about Cirdan Imaging

When was Cirdan Imaging founded?

Cirdan Imaging was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Cirdan Imaging located?

Cirdan Imaging is headquartered in Lisburn, United Kingdom. It is registered at Lisburn, Northern Ireland, United Kingdom.

Is Cirdan Imaging a funded company?

Cirdan Imaging is a funded company, having raised a total of $23.58M across 8 funding rounds to date. The company's 1st funding round was a Series A of $1.95M, raised on Dec 21, 2011.

How many employees does Cirdan Imaging have?

As of Dec 31, 2021, the latest employee count at Cirdan Imaging is 1.

What is the annual revenue of Cirdan Imaging?

Annual revenue of Cirdan Imaging is $5.18M as on Jun 30, 2019.

What does Cirdan Imaging do?

Cirdan Imaging designs manufactures and supplies medical imaging informatics technology for the medical diagnosis and treatment of cancer. The company offers VividPath, a PACS image acquisition and viewer workstation to acquire, view, annotate, report, and store images in a database. Also provides gross specimen macro imaging systems for pathology laboratories; digital microscope cameras to support live onscreen review and image capture of slides; and medical imaging software solutions. The company has additional offices in Canada and Australia and offers products through a network of distributors in Europe, the Middle East, and Africa.

Who are the top competitors of Cirdan Imaging?

Cirdan Imaging's top competitors include Deciphex, Ovation and Waters Corporation.

What products or services does Cirdan Imaging offer?

Cirdan Imaging offers ULTRA LIS, Cirdan Tutor, Solas OR XL, Path Lite+, and Core Lite.

Who are Cirdan Imaging's investors?

Cirdan Imaging has 34 investors. Key investors include British Business Bank, Invest Northern Ireland, 57 Stars, Kernel Capital, and Clarendon Fund Managers.

What is Cirdan Imaging's valuation?

The valuation of Cirdan Imaging is $12.25M as of Dec 2017.

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