About Radformation
Radformation is a company based in New York (United States) founded in 2014. It operates as a SaaS (Software-as-a-Service). Radformation has raised $11.5 million across 6 funding rounds from investors including Brooklyn Bridge Ventures. Radformation has completed 1 acquisition, including Limbus AI. Radformation offers products and services including AutoContour, EZFluence, ClearCheck, ClearCalc, and RadMonteCarlo. Radformation operates in a competitive market with competitors including TigerConnect, Fabric, Ferrum Health, Mendel Health and UgenTec, among others.
- Headquarter New York, United States
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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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- Legal Name Radformation, 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
$11.5 M (USD)
in 6 rounds
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Latest Funding Round
$6.86 M (USD), Series A
May 25, 2023
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Radformation
Radformation offers a comprehensive portfolio of products and services, including AutoContour, EZFluence, ClearCheck, ClearCalc, and RadMonteCarlo. 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.
Automated contouring of structures is provided in seconds.
Automated 3D planning for breast treatment is offered.
One-click plan evaluation with dose checks is enabled.
Independent calculations for photons and electrons are supported.
Monte Carlo calculations for protons are made available.
Automated treatment evaluation with alerts is provided daily.
Comprehensive machine QA data analysis is conducted efficiently.
Automated billing QA with customizable templates is offered.
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Funding Insights of Radformation
Radformation has successfully raised a total of $11.5M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $6.86 million completed in May 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 6
- Last Round Series A — $6.9M
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First Round
First Round
(17 Nov 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2023 | Amount | Series A - Radformation | Valuation |
investors |
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| Oct, 2019 | Amount | Seed - Radformation | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Radformation | Valuation | Brooklyn Bridge Ventures |
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| 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 Radformation
Radformation has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Brooklyn Bridge Ventures. 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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Seed-stage VC micro firm investing in the US
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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 Radformation
Radformation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Limbus AI. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-based machine learning is applied to radiation treatment planning.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Radformation
| 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 |
Radformation Comparisons
Competitors of Radformation
Radformation 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 TigerConnect, Fabric, Ferrum Health, Mendel Health and UgenTec, 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.
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Provider of a cloud-based collaboration and communication platform for healthcare professionals
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A care enablement system is provided for healthcare and clinics.
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Medical data is analyzed via AI for population health management.
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| domain | founded_year | HQ Location |
A clinical AI platform for life sciences and healthcare organizations that deciphers health data
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| domain | founded_year | HQ Location |
Software for automated PCR analysis in diagnostics is developed.
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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 Radformation
Frequently Asked Questions about Radformation
When was Radformation founded?
Radformation was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Radformation located?
Radformation is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Radformation a funded company?
Radformation is a funded company, having raised a total of $11.5M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Nov 17, 2016.
What does Radformation do?
Automation software for cancer treatment planning is provided by Radformation. Solutions are focused on enhancing efficiency, safety, and quality in clinical workflows. Tools for contouring, planning, evaluation, and billing are offered to radiation therapy clinics. Integration with existing systems like Eclipse TPS is supported. The healthcare sector, specifically radiation oncology, is primarily served by these innovations.
Who are the top competitors of Radformation?
Radformation's top competitors include TigerConnect, Fabric and Mendel Health.
What products or services does Radformation offer?
Radformation offers AutoContour, EZFluence, ClearCheck, ClearCalc, and 4 more products and services.
How many acquisitions has Radformation made?
Radformation has made 1 acquisition, including Limbus AI.
Who are Radformation's investors?
Radformation has 1 investor. Key investors include Brooklyn Bridge Ventures.
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