About USARAD
USARAD is a Healthcare company based in Oakland Park (United States) founded in 2008, and was acquired by Nanox in November 2021. AI-based teleradiology solutions are provided for hospitals and outpatient services. It operates on a Radiology-as-a-Service (RAAS) and Managed Services model. USARAD has raised $3 million across 2 funding rounds from investors including Siemens, Nanox and Excelerate Health Ventures. USARAD offers products and services including Radiology-On-Demand, Night Teleradiology Services, Daytime Teleradiology Services, Second Opinion Services, and Cardiovascular Imaging. Its focus areas include Medical Services and Teleradiology. Its legal entity is USARAD Holdings Inc. Its competitors include vRad, DocPanel Technologies and Oatmeal Health; 2 of its 3 listed competitors have raised funding.
Company details
Teleradiology and onsite radiology solutions are offered by USARAD across all 50 states. Services include night and daytime coverage, subspecialty interpretations, second opinions, and cardiovascular imaging. IT support and business solutions like credentialing and licensing are also provided. The company focuses on delivering personalized radiology reports nationwide, leveraging advanced technology such as FDA-approved AI algorithms to enhance diagnostic capabilities in the healthcare sector.
- Headquarters Oakland Park, United States
- Stage Acquired
- SectorsHealthcare
- Phone•••• ••••
- Website usarad.com
- Social LinkedIn X
- Acquired by Nanox (Nov 2021)
- Legal Name Usarad Holdings Inc
Products & Services of USARAD
USARAD offers a comprehensive portfolio of products and services, including Radiology-On-Demand, Night Teleradiology Services, Daytime Teleradiology Services, Second Opinion Services, and Cardiovascular Imaging.
Teleradiology services are provided for radiology imaging needs.
Night coverage is offered for emergency radiology imaging.
Daytime staffing is provided for radiology imaging support.
Second opinions are given for radiology imaging cases.
Cardiac CTA interpretations are provided day or night.
Funding Insights of USARAD
USARAD has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in March 2015. 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 $3M
- Total Rounds 2
- Last Round Series A — $3M
- First Round $1M
(Feb 2015)
- Investors Count 3
All 2 funding rounds of USARAD with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2015 | $3M | Series A | – | Excelerate Health Ventures, Omphalos Ventures | – |
| Feb 2015 | $1M | Debt – Conventional | – | – | – |
4 investors in total: 4 institutional.
Investors in USARAD
USARAD has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Siemens, Nanox and Excelerate Health Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is provided for AI-driven healthcare innovations. | exceleratehealth.com | |||
Early-stage investments are made by Omphalos Ventures in US firms. | omphalosventures.net | Shakopee, United States | ||
Industrial software is developed for automation, electrification, and digitalization solutions. | 1847 | siemens.com | United States | |
Digital X-ray sources are developed by Nanox for cloud-based diagnostics. | 2004 | nanox.vision | Jerusalem, Israel |
Investor details for USARAD
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People of USARAD
7 people are tracked at USARAD (2 in leadership, 4 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
Michael Yuz | CEO | Leadership |
Dener Barbosa De Souza | Director, Information Technology | Leadership |
Kevin Harrington | Advisor | Board & advisors |
Algis K. Augustine | Advisor | Board & advisors |
Eduard Michel | Advisor | Board & advisors |
Roman Goldenberg | Advisor | Board & advisors |
RICARDO DA SILVA | IT Specialist | Team |
Complete people profiles for USARAD
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Timeline of USARAD
4 dated milestones of USARAD across 13 years, from founding to its latest funding, stage changes and deals.
- Founded USARAD is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series A, of $3.0M.
- Exit Acquired by Nanox.
Competitors of USARAD
USARAD has 3 listed competitors in our database, 2 of them funded. They include vRad, DocPanel Technologies and Oatmeal Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vrad.com | 2001 | Eden Prairie, United States | $25M | 353 | Provider of an AI-based software solution for radiology image analysis and teleradiology services | |
| docpanel.com | 2016 | New York, United States | $2.73M | Telemedicine marketplace is operated for B2B and B2C radiology connections. | ||
| oatmealhealth.com | 2022 | Mountain View, United States | Provider of AI-enabled virtual care platform for early cancer detection |
Detailed competitors of USARAD
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Web traffic of USARAD
The website of USARAD (usarad.com) receives about 4.1K visits a month.
- Monthly visits4.1K
▲ 11.8% vs previous month
Websites whose visitors overlap most with USARAD. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nationalrad.com | 100% | 3.8K | #4,666,032 | View details | |
| radreport.org | 88% | #7,139,394 | View details | ||
e-echocardiography.com | e-echocardiography.com | 86% | #908,160 | – | |
echoboards.org | echoboards.org | 86% | #548,735 | – | |
onlinejase.com | onlinejase.com | 86% | #539,788 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for USARAD
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- 12 similar websites
- Audience overlap
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as USARAD (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Usarad
Complete news archive for USARAD
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Frequently Asked Questions about USARAD
USARAD was founded in 2008 and raised its 1st funding round 7 years after it was founded.
USARAD is headquartered in Oakland Park, United States. It is registered at Oakland Park, Florida, United States.
USARAD is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1M, raised on Feb 2015.
Teleradiology and onsite radiology solutions are offered by USARAD across all 50 states. Services include night and daytime coverage, subspecialty interpretations, second opinions, and cardiovascular imaging. IT support and business solutions like credentialing and licensing are also provided. The company focuses on delivering personalized radiology reports nationwide, leveraging advanced technology such as FDA-approved AI algorithms to enhance diagnostic capabilities in the healthcare sector.
USARAD's top competitors include vRad, Oatmeal Health and DocPanel Technologies.
USARAD offers Radiology-On-Demand, Night Teleradiology Services, Daytime Teleradiology Services, Second Opinion Services, and Cardiovascular Imaging.
USARAD has 4 investors. Key investors include Siemens, Nanox, Excelerate Health Ventures, and Omphalos Ventures.
USARAD operates through Usarad Holdings Inc.
Yes. USARAD was acquired by Nanox in November 2021.