About Raylytic
Raylytic is a company based in Leipzig (Germany) founded in 2017 by Frank Trautwein.. The company has 25 employees as of December 31, 2020. Raylytic offers products and services including EDC-System, CTMS, and Bilddatenmanagement. Raylytic operates in a competitive market with competitors including Health Catalyst, Innovaccer, CitiusTech, CompuGroup Medical and Azalea Health, among others.
- Headquarter Leipzig, Germany
- Employees 25 as on 31 Dec, 2020
- Founders Frank Trautwein
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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
*********
- Legal Name Raylytic Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$55.1 K (USD), Grant
Aug 31, 2019
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Investors
European Union
& 2 more
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Employee Count
25
as on Dec 31, 2020
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Products & Services of Raylytic
Raylytic offers a comprehensive portfolio of products and services, including EDC-System, CTMS, and Bilddatenmanagement. 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.
System for capturing and managing clinical data efficiently.
Platform for coordinating clinical trial teams and processes.
Tool for handling and analyzing medical image data securely.
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Funding Insights of Raylytic
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $55,104
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Grant - Raylytic | Valuation |
investors |
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| May, 2019 | Amount | Grant - Raylytic | Valuation |
investors |
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| Dec, 2017 | Amount | Seed - Raylytic | Valuation |
investors |
| 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 Raylytic
Raylytic has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EIC Fund and CFH. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Equity partnerships are provided for startups and mid-sized companies in Saxony.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Raylytic
| 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 - Raylytic
| 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 |
Raylytic Comparisons
Competitors of Raylytic
Raylytic 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 Health Catalyst, Innovaccer, CitiusTech, CompuGroup Medical and Azalea Health, 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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| domain | founded_year | HQ Location |
Cloud-based data analytics are provided for healthcare organizations.
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Provider of an AI-powered cloud platform for healthcare performance improvement
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Provider of AI solutions for clinical, operational, and business outcomes
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Suite of practice management, reimbursement, laboratory and analytics solutions to healthcare providers
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EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers
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E-prescription and secure messaging solutions are offered to healthcare providers.
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| 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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Frequently Asked Questions about Raylytic
When was Raylytic founded?
Raylytic was founded in 2017.
Where is Raylytic located?
Raylytic is headquartered in Leipzig, Germany. It is registered at Leipzig, Saxony, Germany.
How many employees does Raylytic have?
As of Dec 31, 2020, the latest employee count at Raylytic is 25.
What does Raylytic do?
Raylytic was established in 2017 in Leipzig, Germany, as a clinical software firm. AI-driven tools for extracting and assessing radiological images, including X-rays, CT scans, and MRIs, have been created. Additional services encompass radiographic protocol development, clinical documentation, quality assurance, data analysis, statistical processing, data management, interpretation, and medical writing, alongside electronic patient report collection.
Who are the top competitors of Raylytic?
Raylytic's top competitors include IKS Health, Innovaccer and CompuGroup Medical.
What products or services does Raylytic offer?
Raylytic offers EDC-System, CTMS, and Bilddatenmanagement.
Who are Raylytic's investors?
Raylytic has 3 investors. Key investors include European Union, EIC Fund, and CFH.
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