About RapidAI
RapidAI is a company based in San Mateo (United States) founded in 2012 by Greg Albers.. RapidAI has raised $100 million across 2 funding rounds from investors including Vista Credit Partners and Lennertz & Co.. RapidAI has completed 1 acquisition, including EndoVantage. RapidAI offers products and services including Rapid NCCT, Rapid ICH, Rapid PE Analytics, and RapidAI for Aneurysm. RapidAI operates in a competitive market with competitors including Viz.ai, Qure.ai, Subtle Medical, Perspectum and Zebra Medical Vision, among others.
- Headquarter San Mateo, United States
- Founders Greg Albers
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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 Ischemaview, 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
$100 M (USD)
in 2 rounds
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Latest Funding Round
$75 M (USD), Series C
Jul 20, 2023
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Investors
Vista Credit Partners
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of RapidAI
RapidAI offers a comprehensive portfolio of products and services, including Rapid NCCT, Rapid ICH, Rapid PE Analytics, and RapidAI for Aneurysm. 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.
AI tool for analyzing non-contrast CT scans for stroke indicators.
Software for identifying intracranial hemorrhage in medical imaging.
Platform for quick detection of pulmonary embolism cases.
AI system to track and treat aneurysms using imaging data.
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Funding Insights of RapidAI
RapidAI has successfully raised a total of $100M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $75 million completed in July 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 2
- Last Round Series C — $75.0M
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First Round
First Round
(17 Sep 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series C - RapidAI | Valuation | Vistacreditpartners |
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| Sep, 2020 | Amount | Series B - RapidAI | Valuation | Lennertz |
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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 RapidAI
RapidAI has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Vista Credit Partners and Lennertz & Co.. 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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Wealth management and investment services are provided by Lennertz & Co.
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Founded Year | Domain | Location | |
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Credit financing is provided to enterprise software and technology businesses.
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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 RapidAI
RapidAI has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include EndoVantage. 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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Personalized endovascular treatment planning solutions are developed.
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2013 |
| 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 - RapidAI
| 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 |
Rapidai Comparisons
Competitors of RapidAI
RapidAI 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 Viz.ai, Qure.ai, Subtle Medical, Perspectum and Zebra Medical Vision, 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 |
AI and cloud-powered software for stroke care coordination is developed.
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| domain | founded_year | HQ Location |
AI-powered solutions for medical imaging diagnostics
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| domain | founded_year | HQ Location |
AI-driven solutions for medical diagnostic imaging are developed.
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| domain | founded_year | HQ Location |
Precision medicine software for liver disease diagnosis is offered.
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| domain | founded_year | HQ Location |
Provider of AI and SaaS-based medical image based decision support tools
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| domain | founded_year | HQ Location |
Provide contract research imaging services and software
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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 Rapidai
Frequently Asked Questions about RapidAI
When was RapidAI founded?
RapidAI was founded in 2012 and raised its 1st funding round 8 years after it was founded.
Where is RapidAI located?
RapidAI is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Who is the current CEO of RapidAI?
Karim Karti is the current CEO of RapidAI.
Is RapidAI a funded company?
RapidAI is a funded company, having raised a total of $100M across 2 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Sep 17, 2020.
What does RapidAI do?
RapidAI is the platform offering many AI-based neuroimaging software used by physicians in clinical diagnosis and treatment. The different products offered are Rapid MRI, Rapid CTA, Rapid CTP, Rapid ICH that use AI technology to provide good quality images from the non-contrast images and scans. Rapid mobile app provided in the platform is used for communication about patient care.
Who are the top competitors of RapidAI?
RapidAI's top competitors include Perspectum, Qure.ai and Subtle Medical.
What products or services does RapidAI offer?
RapidAI offers Rapid NCCT, Rapid ICH, Rapid PE Analytics, and RapidAI for Aneurysm.
How many acquisitions has RapidAI made?
RapidAI has made 1 acquisition, including EndoVantage.
Who are RapidAI's investors?
RapidAI has 2 investors. Key investors include Vista Credit Partners, and Lennertz & Co..
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