MVision AI

Helsinki, Finland Founded: 2017 • Age: 9 yrs
An AI-enabled medical imaging platform for radiation therapy is developed.
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About MVision AI

MVision AI is a company based in Helsinki (Finland) founded in 2017 by Saad Ullah Akram, Mahmudul Hasan, and Heikki Arponen. It operates as a AI-as-a-Service, Subscription Services, and HealthTech. MVision AI has raised $6.56 million across 2 funding rounds from investors including Voima Ventures, J12 and Icebreaker.vc. MVision AI offers products and services including GBS™, Contour+, Guide, Verify, and Dose+. MVision AI operates in a competitive market with competitors including Manteia technology, Vision RT, Applied Computational Technologies, Virtual Phantoms and Radiopharmaceutical Imaging and Dosimetry, among others.

  • Headquarter Helsinki, Finland
  • Founders Saad Ullah Akram, Mahmudul Hasan, Heikki Arponen
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mvision Ai Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.56 M (USD)

    in 2 rounds

  • Latest Funding Round
    $5.83 M (USD), Series A

    Mar 23, 2023

  • Investors
  • Employee Count
    Employee Count
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Products & Services of MVision AI

MVision AI offers a comprehensive portfolio of products and services, including GBS™, Contour+, Guide, Verify, and Dose+. 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

Guideline-based segmentation suite for precise radiotherapy planning.

AI-powered auto-contouring for fast, consistent radiotherapy planning.

Training environment for guideline expertise in contouring practice.

Contour comparison tool for analyzing accuracy across sources.

AI-guided dose prediction for optimized radiotherapy treatment plans.

People of MVision AI
Headcount 10-50
Employee Profiles 13
Employee Profiles
People
Dr. Britta Schürmann
Head of Sales Business Development EMEA
People
Joona Hartman
VP of Engineering
People
Brandi Harrell Hackler
Business Development Representative at MVision AI
People
Mahmudul Hasan
CEO

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Funding Insights of MVision AI

MVision AI has successfully raised a total of $6.56M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.83 million completed in March 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 Rounds 2
  • Last Round Series A — $5.8M
  • First Round

    (23 May 2018)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2023 Amount Series A - MVision AI Valuation Voima Ventures
J12
May, 2018 Amount Seed - MVision AI 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 MVision AI

MVision AI has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Voima Ventures, J12 and Icebreaker.vc. 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
Funding is provided for deep tech ventures in Nordics.
Founded Year Domain Location
Seed and early-stage tech investments are targeted in Finland.
Founded Year Domain Location
-
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 MVision AI

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 - MVision AI

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

Mvision Ai Comparisons

Employees
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Competitors of MVision AI

MVision AI 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 Manteia technology, Vision RT, Applied Computational Technologies, Virtual Phantoms and Radiopharmaceutical Imaging and Dosimetry, 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
Adaptive radiotherapy system for disease diagnosis is provided.
domain founded_year HQ Location
Optical guidance technologies are developed to enhance radiological imaging quality.
domain founded_year HQ Location
Radiation dose calculation software for cancer treatment is developed.
domain founded_year HQ Location
Radiation dose calculations are enabled via virtual phantom software.
domain founded_year HQ Location
Quantitative imaging and dosimetry software is developed for radiopharmaceutical therapy.
domain founded_year HQ Location
Provides 3D printed replicas for radiotherapy treatment verification.
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 Mvision Ai

Frequently Asked Questions about MVision AI

When was MVision AI founded?

MVision AI was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is MVision AI located?

MVision AI is headquartered in Helsinki, Finland.

Who is the current CEO of MVision AI?

Mahmudul Hasan is the current CEO of MVision AI. They have also founded this company.

Is MVision AI a funded company?

MVision AI is a funded company, having raised a total of $6.56M across 2 funding rounds to date. The company's 1st funding round was a Seed of $730.8K, raised on May 23, 2018.

What does MVision AI do?

AI-driven software solutions for radiotherapy planning and treatment optimization are provided by MVision AI. Focus is placed on guideline-based segmentation and dose prediction through products like GBS, Contour, Guide, Verify, and Dose. The healthcare sector, specifically radiation oncology, is served by integrating these tools with existing treatment planning systems. Efficiency in clinical workflows is enhanced, reducing contouring time significantly. Worldwide, leading clinics rely on these solutions to treat cancer patients, aiming for same-day treatment delivery. Innovation is driven by collaboration with radiation oncologists, therapists, and medical physicists to improve patient outcomes.

Who are the top competitors of MVision AI?

MVision AI's top competitors include Vision RT, Manteia technology and Virtual Phantoms.

What products or services does MVision AI offer?

MVision AI offers GBS™, Contour+, Guide, Verify, and Dose+.

Who are MVision AI's investors?

MVision AI has 6 investors. Key investors include Voima Ventures, J12, Icebreaker.vc, Otto Söderlund, and Asko Schrey.

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