About Collective Minds Radiology
Collective Minds Radiology is a company based in Taby (Sweden) founded in 2017 by Anders Nordell.. Collective Minds Radiology has raised $10.63 million across 5 funding rounds from investors including EIT Health, European Union and Segulah Medical Acceleration. Collective Minds Radiology operates in a competitive market with competitors including HealthVerity, 1upHealth, Particle Health, Assure Neuromonitoring and Zivian, among others.
- Headquarter Taby, Sweden
- Founders Anders Nordell
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.63 M (USD)
in 5 rounds
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Latest Funding Round
$7.59 M (USD), Series B
Aug 28, 2023
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Investors
EIT Health
& 6 more
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Employee Count
Employee Count
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Funding Insights of Collective Minds Radiology
Collective Minds Radiology has successfully raised a total of $10.63M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $7.59 million completed in August 2023. 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 Funding
- Total Rounds 5
- Last Round Series B — $7.6M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series B - Collective Minds Radiology | Valuation | Segulah Medical Acceleration | |
| Jan, 2021 | Amount | Series A - Collective Minds Radiology | Valuation | Brightly Ventures , Crista Galli Ventures | |
| Jan, 2021 | Amount | Grant - Collective Minds Radiology | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Collective Minds Radiology
Collective Minds Radiology has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include EIT Health, European Union and Segulah Medical Acceleration. 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.
| Investor | Description | Founded Year | Domain | Location |
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Brightly Ventures is focused on investing in Nordic startups.
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Healthcare startups are accelerated and incubated through specialized programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Collective Minds Radiology
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Collective Minds Radiology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Collective Minds Radiology Comparisons
Competitors of Collective Minds Radiology
Collective Minds Radiology 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 HealthVerity, 1upHealth, Particle Health, Assure Neuromonitoring and Zivian, 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 |
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Cloud-based platform for healthcare and consumer data management is utilized.
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A cloud-based platform for EHR and practice management is provided.
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Online platform to store and access medical records
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| domain | founded_year | HQ Location |
Interoperability neuromonitoring solutions are provided for surgeons during surgeries.
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Healthcare SaaS platform facilitating compliant collaborations between nurse practitioners and physicians
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Collective Minds Radiology
Frequently Asked Questions about Collective Minds Radiology
When was Collective Minds Radiology founded?
Collective Minds Radiology was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Collective Minds Radiology located?
Collective Minds Radiology is headquartered in Taby, Sweden.
Who is the current CEO of Collective Minds Radiology?
Anders Nordell is the current CEO of Collective Minds Radiology. They have also founded this company.
Is Collective Minds Radiology a funded company?
Collective Minds Radiology is a funded company, having raised a total of $10.63M across 5 funding rounds to date. The company's 1st funding round was a Grant of $1.64M, raised on Jun 20, 2019.
What does Collective Minds Radiology do?
Collective Minds Radiology was founded in 2017 in Täby, Sweden, within the healthcare technology sector focused on radiology. A cloud-based platform is operated to enable radiologists collaboration on diagnoses from imaging findings. Clinical audits are conducted to assess diagnostic quality. Support for MRI tests is included, with reports processed through a DICOM proxy anonymizer. Services emphasize data anonymization and quality monitoring in medical imaging.
Who are the top competitors of Collective Minds Radiology?
Collective Minds Radiology's top competitors include HealthVerity, 1upHealth and Particle Health.
Who are Collective Minds Radiology's investors?
Collective Minds Radiology has 7 investors. Key investors include EIT Health, European Union, Segulah Medical Acceleration, Brightly Ventures, and Tradeciety.