About Tower Radiology
Tower Radiology is a company based in Tampa (United States) founded in 1992 was acquired by Tampa General Hospital in January 2022.. Tower Radiology offers products and services including MRI Service, CT Scan, Mammography, and Ultrasound. Tower Radiology operates in a competitive market with competitors including RadNet, Akumin, Memorial MRI & Diagnostic, Resiliencelab and SimonMed, among others.
- Headquarter Tampa, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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Latest Funding Round
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Acquired by
Tampa General Hospital
(Jan 06, 2022)
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Products & Services of Tower Radiology
Tower Radiology offers a comprehensive portfolio of products and services, including MRI Service, CT Scan, Mammography, and Ultrasound. 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.
Offers magnetic resonance imaging for detailed body scans and diagnostics.
Provides computed tomography for internal structure evaluation and detection.
Delivers breast imaging services for early detection of abnormalities.
Performs non-invasive imaging to visualize organs and tissues in real-time.
Funding Insights of Tower Radiology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Tower Radiology
Tower Radiology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tampa General Hospital. 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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Multispecialty healthcare services are delivered in Tampa.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Tower Radiology
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tower Radiology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Tower Radiology Comparisons
Competitors of Tower Radiology
Tower Radiology 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 RadNet, Akumin, Memorial MRI & Diagnostic, Resiliencelab and SimonMed, 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 |
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Radiology centers are operated as a nationwide chain.
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Chain of radiology centers
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Radiology labs are operated as a chain for diagnostic services.
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Chain of wellness centre
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Radiology services are delivered through a network of labs.
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Radiology imaging services are delivered via a network of labs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tower Radiology
Frequently Asked Questions about Tower Radiology
When was Tower Radiology founded?
Tower Radiology was founded in 1992.
Where is Tower Radiology located?
Tower Radiology is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
What does Tower Radiology do?
Tower Radiology was founded in 1992 in Tampa, United States, as a network of diagnostic imaging facilities. Operations are centered in the healthcare sector, with multiple centers delivering radiology services such as X-rays, MRIs, CT scans, and ultrasounds. Patient care is supported across the Tampa region, where medical imaging needs are addressed for local providers and individuals. Expansion has occurred within Florida to meet regional demands.
Who are the top competitors of Tower Radiology?
Tower Radiology's top competitors include RadNet, Akumin and Resiliencelab.
What products or services does Tower Radiology offer?
Tower Radiology offers MRI Service, CT Scan, Mammography, and Ultrasound.
Who are Tower Radiology's investors?
Tower Radiology has 1 investor. Key investors include Tampa General Hospital.