About Elucid Labs
Elucid Labs is a company based in Waterloo (Canada) founded in 2016 by Farnoud Kazemzadeh, Iman Khodadad, and Alexander Wong. Elucid Labs has raised $30 thousand across 2 funding rounds from investors including Accelerator Centre and Velocity. Elucid Labs offers products and services including Health Articles and Resource Recommendations. Elucid Labs operates in a competitive market with competitors including Change Healthcare, AIdoc, Cleerly, AI Medical Service and eCential Robotics, among others.
- Headquarter Waterloo, Canada
- Founders Farnoud Kazemzadeh, Iman Khodadad, Alexander Wong
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$30 K (USD)
in 2 rounds
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Latest Funding Round
$30 K (USD), Seed
Oct 17, 2017
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Investors
Accelerator Centre
& 1 more
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Employee Count
Not available
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Products & Services of Elucid Labs
Elucid Labs offers a comprehensive portfolio of products and services, including Health Articles and Resource Recommendations.
Provides educational content on medical conditions
Offers links to external health resources like Pubmed
Funding Insights of Elucid Labs
Elucid Labs has successfully raised a total of $30K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $30 thousand completed in October 2017. 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.
Investors in Elucid Labs
Elucid Labs has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Accelerator Centre and Velocity.
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Velocity is supported as a startup incubator by the University of Waterloo.
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Investor details for Elucid Labs
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Investments & Acquisitions by Elucid Labs
Investment portfolio details for Elucid Labs
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- Transaction dates
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Financial Statements - Elucid Labs
Detailed financials for Elucid Labs
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- Profit trends
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Elucid Labs Comparisons
Peer comparison for Elucid Labs
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Competitors of Elucid Labs
Elucid Labs 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, Cleerly, AI Medical Service and eCential Robotics, among others.
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Cloud-based solutions are delivered for healthcare payers, providers, and patients.
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AI-based single-screen system is provided to streamline medical imaging.
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Atherosclerotic plaque is quantified by AI using coronary CT angiograms.
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Provider of AI-based solution for diagnosis of cancer related lesions
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Robotic surgery platform for bone procedures is developed.
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Developer of diagnostic imaging agents and targeted therapeutics
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Detailed competitors of Elucid Labs
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Latest news on Elucid Labs
Complete news archive for Elucid Labs
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Frequently Asked Questions about Elucid Labs
Elucid Labs was founded in 2016.
Elucid Labs is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Farnoud Kazemzadeh is the current CEO of Elucid Labs. They have also founded this company.
Elucid Labs is a funded company, having raised a total of $30K across 2 funding rounds to date.
Elucid Labs was founded in 2016 in Waterloo, Canada, within the health technology sector. An imaging solution named AIDA is being developed to analyze skin lesions at molecular levels, generating unique profiles. Proprietary AI is employed to interpret these profiles into clinical data for dermatologists. Recognition has been received as one of Canadas top innovative companies by CIX, with funding secured from Spectrum28 and participation in the Nvidia Inception program.
Elucid Labs's top competitors include Change Healthcare, AIdoc and eCential Robotics.
Elucid Labs offers Health Articles and Resource Recommendations.
Elucid Labs has 2 investors. Key investors include Accelerator Centre, and Velocity.