About Rad AI
Rad AI is a company based in Berkeley (United States) founded in 2018 by Jeff Chang and Doktor Gurson.. Rad AI has raised $152.89 million across 4 funding rounds from investors including Khosla Ventures, Cone Health and Transformation Capital. The company has 119 employees as of December 31, 2024. Rad AI offers products and services including Rad AI Reporting, Rad AI Impressions, and Rad AI Continuity.
- Headquarter Berkeley, United States
- Employees 119 as on 31 Dec, 2024
- Founders Jeff Chang, Doktor Gurson
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rad Ai, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$152.89 M (USD)
in 4 rounds
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Latest Funding Round
$72.9 M (USD), Series C
Jan 03, 2025
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Investors
Khosla Ventures
& 13 more
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Employee Count
119
as on Dec 31, 2024
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Products & Services of Rad AI
Rad AI offers a comprehensive portfolio of products and services, including Rad AI Reporting, Rad AI Impressions, and Rad AI Continuity. 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.
Automates radiology report generation to boost productivity and reduce fatigue.
Generates customized impressions to save time for radiologists.
Automates patient follow-ups for incidental findings to improve outcomes.
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Funding Insights of Rad AI
Rad AI has successfully raised a total of $152.89M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $72.9 million completed in January 2025. 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 4
- Last Round Series C — $72.9M
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First Round
First Round
(25 Nov 2019)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series C - Rad AI | Valuation | Transformation Capital | |
| Mar, 2024 | Amount | Series B - Rad AI | Valuation | Khosla Ventures | |
| Nov, 2021 | Amount | Series A - Rad AI | Valuation | Artis Ventures |
| 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 |
investors |
Investors in Rad AI
Rad AI has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Khosla Ventures, Cone Health and Transformation Capital. 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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Healthcare startups are funded by this venture capital firm.
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Early-stage startups are funded by this venture capital firm.
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Venture capital firm focused on SaaS, mobile tech, AI, and multiple sectors
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rad AI
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rad AI
| 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 |
investors |
Rad Ai Comparisons
Competitors of Rad AI
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Rad Ai
Frequently Asked Questions about Rad AI
When was Rad AI founded?
Rad AI was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Rad AI located?
Rad AI is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Who is the current CEO of Rad AI?
Doktor Gurson is the current CEO of Rad AI. They have also founded this company.
Is Rad AI a funded company?
Rad AI is a funded company, having raised a total of $152.89M across 4 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Nov 25, 2019.
How many employees does Rad AI have?
As of Dec 31, 2024, the latest employee count at Rad AI is 119.
What does Rad AI do?
Rad AI was founded in 2018 and is headquartered in Berkeley, United States. AI-driven software is provided for radiology reporting and the management of patient follow-ups, particularly for incidental findings. Automation of report impressions and tracking of follow-ups are included as key features. Operations focus on the healthcare sector, with tools designed to support radiologists in clinical workflows across medical imaging practices.
What products or services does Rad AI offer?
Rad AI offers Rad AI Reporting, Rad AI Impressions, and Rad AI Continuity.
Who are Rad AI's investors?
Rad AI has 14 investors. Key investors include Khosla Ventures, Cone Health, Transformation Capital, World Innovation Lab, and UP2398.