About iCAD
iCAD is a Healthcare company based in Nashua (United States) founded in 1984, and was acquired by RadNet in April 2025. It operates as a provider of image analysis platform for cancer detection and radiation therapy solutions. iCAD has completed 2 acquisitions, including Elekta Xoft and VuCOMP. iCAD offers products and services including ProFound Breast Health Suite, Cancer Detection, Density Assessment, and Risk Evaluation. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations. Its legal entity is iCAD, Inc. Its competitors include AIdoc, AI Medical Service, eCential Robotics, Vara and Lantheus and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
iCAD was founded in 1984 and is based in Nashua, United States, within the medical technology sector. An image analysis platform is offered to support cancer detection and radiation therapy. Workflow solutions are included for identifying breast, prostate, and colorectal cancers. The Xoft System is employed for intraoperative radiation therapy, where high dose rate, low energy radiation is delivered non-invasively to target cancer while reducing exposure to adjacent healthy tissue.
- Latest Funding Round$15M (USD), Debt – Conventional
Jan 2012
- InvestorsRadNet
& 1 more
- Investments & AcquisitionsElekta Xoft
& 1 more
- Acquired byRadNet
(Apr 2025)
Products & Services of iCAD
iCAD offers a comprehensive portfolio of products and services, including ProFound Breast Health Suite, Cancer Detection, Density Assessment, and Risk Evaluation.
AI software for early cancer detection and risk evaluation.
Software to identify breast cancer in mammograms accurately.
AI for evaluating breast density and related risks.
Platform to predict breast cancer risk based on imaging.
Funding Insights of iCAD
- Total Rounds 1
- Last Round Debt – Conventional — $15M
- First Round $15M
(Jan 2012)
- Investors Count 1
All 1 funding rounds of iCAD with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2012 | $15M | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in iCAD
iCAD has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include RadNet and Deerfield Triarc Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides asset management and investment advisory services. | 1994 | deerfieldcapital.com | Springfield, United States | |
Radiology centers are operated as a nationwide chain. | 1984 | radnet.com | Los Angeles, United States |
Investor details for iCAD
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People of iCAD
34 people are tracked at iCAD (17 in leadership, 4 in board & advisors, 13 in team).
| Name | Role | Group |
|---|---|---|
Leonor Faber | Executive Assistant to CEO, President/COO//CFO | Leadership |
Erin Hall Sadacca | Director of Financial Planning and Analysis | Leadership |
Jonathan Go | Chief Technology Officer | Leadership |
Haisley Carwin | Director Of Strategic Partnerships | Leadership |
Robert Reed | VP Finance and Corporate Controller | Leadership |
Brian Testa | Chief People Officer | Leadership |
Simon Lee | Vice President, Software Applications | Leadership |
Eric Lonnqvist | Chief Financial Officer | Leadership |
Camellia Blackwell | Executive Director, Fine Artist & Art Educator | Leadership |
Jeff Hoffmeister | VP, Medical Director | Leadership |
Vasu Avadhanula | Chief Product Officer | Leadership |
Mayank Chandel | Head of Operations | Leadership |
Annette Heroux | VP of Finance | Leadership |
Michelle Murphy | Director, Contracts & Inside Sales | Leadership |
Emmanuelle Vella | Partner Success & Business Development Manager, Europe & Middle East! | Leadership |
Sanjay Kakkad | Director, Data Science | Leadership |
Dana Brown | President, CEO & Chairman | Leadership |
Linda Moy | Advisor | Board & advisors |
Robert Nishikawa | Advisor | Board & advisors |
Kathy Schilling | Advisor | Board & advisors |
14 more people are available in the full profile.
Complete people profiles for iCAD
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- Full employee list
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- Professional contacts
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Investments & Acquisitions by iCAD
iCAD has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Elekta Xoft and VuCOMP.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Computer-aided detection systems for mammograms are developed and marketed. | vucomp.com | Plano, United States | 2001 | Jan 2016 | •••• | |
Electronic brachytherapy systems are developed for cancer treatment. | xoftinc.com | Sunnyvale, United States | 1998 | Dec 2010 | •••• |
Complete acquisition details for iCAD
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- Deal sources
- Complete history
- Exports
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Timeline of iCAD
6 dated milestones of iCAD across 41 years, from founding to its latest funding, stage changes and deals.
- Founded iCAD is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Elekta Xoft.
- Funding First funding round of $15.0M.
- Acquisition Acquires VuCOMP.
- Exit Acquired by RadNet.
Competitors of iCAD
iCAD has 8 listed competitors in our database, 7 of them funded. They include AIdoc, AI Medical Service, eCential Robotics, Vara and Lantheus, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aidoc.com | 2016 | New York, United States | $424.5M | – | AI-based single-screen system is provided to streamline medical imaging. | |
| ai-ms.com | 2017 | Toshima, Japan | $121.9M | – | Provider of AI-based solution for diagnosis of cancer related lesions | |
| ecential-robotics.com | 2009 | Gieres, France | $133.97M | – | Robotic surgery platform for bone procedures is developed. | |
| vara.ai | 2016 | Berlin, Germany | $20.33M | 26 | Provider of AI-based breast cancer screening software for clinics | |
| lantheus.com | 2008 | Billerica, United States | – | 834 | Developer of diagnostic imaging agents and targeted therapeutics | |
| vista.ai | 2012 | Palo Alto, United States | $8.7M | 13 | AI-guided software is utilized to automate MRI exams for clinicians. | |
| metaoptima.com | 2012 | Vancouver, Canada | $9.13M | 31 | Provider of AI-based skin cancer monitoring and detecting device for patients and doctors | |
| therapixel.com | 2013 | Nice, France | $22.09M | – | Provider of medical image analytics platform for surgeons |
Detailed competitors of iCAD
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Web traffic of iCAD
The website of iCAD (icadmed.com) receives about 8.1K visits a month.
- Monthly visits8.1K
▼ 6.5% vs previous month
Websites whose visitors overlap most with iCAD. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
iamers.org | iamers.org | 100% | – | #14,006,675 | – |
| infabcorp.com | 100% | 9.3K | #2,213,795 | View details | |
| dunlee.com | 100% | – | #10,943,838 | View details | |
| picis.com | 100% | 5K | #3,919,778 | View details | |
| flukebiomedical.com | 100% | – | #700,084 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for iCAD
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- 20 similar websites
- Audience overlap
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Top companies in Clinical IT & Data Platforms
10 companies that operate in the same segment as iCAD (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 716.99 M | – | 1,832 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, Ile de France, France | USD 863.12 M | – | 1,606 | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | 992 | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | 2,470 | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
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Related news about Icad
Complete news archive for iCAD
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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Frequently Asked Questions about iCAD
iCAD was founded in 1984 and raised its 1st funding round 28 years after it was founded.
iCAD is headquartered in Nashua, United States. It is registered at Nashua, New Hampshire, United States.
iCAD was founded in 1984 and is based in Nashua, United States, within the medical technology sector. An image analysis platform is offered to support cancer detection and radiation therapy. Workflow solutions are included for identifying breast, prostate, and colorectal cancers. The Xoft System is employed for intraoperative radiation therapy, where high dose rate, low energy radiation is delivered non-invasively to target cancer while reducing exposure to adjacent healthy tissue.
iCAD's top competitors include AIdoc, eCential Robotics and Vara.
iCAD offers ProFound Breast Health Suite, Cancer Detection, Density Assessment, and Risk Evaluation.
iCAD has made 2 acquisitions, including Elekta Xoft, and VuCOMP.
iCAD has 2 investors. Key investors include RadNet, and Deerfield Triarc Capital.
iCAD operates through Icad, Inc..
Yes. iCAD was acquired by RadNet in April 2025.