About vRad
vRad is a Healthcare company based in Eden Prairie (United States) founded in 2001, and was acquired by MEDNAX in May 2015. Provider of an AI-based software solution for radiology image analysis and teleradiology services. vRad has raised $25 million across 2 funding rounds from investors including NewStar Financial, Summit Partners and MEDNAX. Its website vrad.com draws about 42 thousand monthly visits. vRad offers products and services including Teleradiology Services, Breast Imaging, Stroke Imaging, and Trauma Imaging. Its focus areas include HealthTech, Healthcare IT, Provider and Telemedicine Solutions. Its competitors include Subtle Medical, Invicro and Arterys; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2001 and headquartered in Eden Prairie, United States, operations in the radiology sector are conducted through AI-driven software for image analysis and teleradiology. Patented deep-learning algorithms enable patient imaging and data to be shared with specialists. Over 350 physicians are utilized on the platform to interpret scans for hospitals. Services encompass breast imaging, stroke assessment, trauma evaluation, and radiology informatics via peer benchmarking metrics.
- Total Equity Funding$25M (USD)
in 2 rounds
- Latest Funding Round$45M (USD), Debt – Conventional
Jun 2010
- InvestorsNewStar Financial
& 3 more
- Acquired by
Products & Services of vRad
vRad offers a comprehensive portfolio of products and services, including Teleradiology Services, Breast Imaging, Stroke Imaging, and Trauma Imaging.
Provides remote imaging interpretation for faster diagnostics.
Delivers subspecialist care for breast screenings and diagnostics.
Prioritizes rapid reading of stroke cases for timely treatment.
Ensures fast turnaround for trauma studies during high volumes.
Apps and channels of vRad
its YouTube channel vRad has 522 subscribers and 30 videos.
Videos from vRad
The most watched videos on vRad's YouTube channel, vRad (522 subscribers). Click a video to play it here.
More on vRad.
Funding Insights of vRad
vRad has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $45 million completed in June 2010. 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 $25M
- Total Rounds 2
- Last Round Debt – Conventional — $45M
- First Round $25M
(Apr 2004)
- Investors Count 2
All 2 funding rounds of vRad 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 |
|---|---|---|---|---|---|
| Jun 2010 | $45M | Debt – Conventional | – | – | |
| Apr 2004 | $25M | Series B | – | – |
4 investors in total: 4 institutional.
Investors in vRad
vRad has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include NewStar Financial, Summit Partners and MEDNAX.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Summit Partners is recognized as a growth equity investment firm. | summitpartners.com | Boston, United States | ||
Private equity investments in media, communications, education, and technology sectors. | provequity.com | |||
Financial services are provided by NewStar Financial in Boston. | 2004 | newstarfin.com | Boston, United States | |
| mednax.com |
Investor details for vRad
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of vRad
53 people are tracked at vRad (18 in leadership, 35 in team).
| Name | Role | Group |
|---|---|---|
Stephanie McQuail | Director Of Human Resources | Leadership |
Lynn Koelsch | Director Of Operations | Leadership |
Ryan Pittman | Sr. Area Sales Director | Leadership |
Joshua Morais | Clinical Chief | Leadership |
Keith Gardner | Chief Architect | Leadership |
Henry Junkert | Senior Director Of Physician Recruitment | Leadership |
Kim Delie | Senior Director Of Client Implementation & Solutions | Leadership |
Cathy Nicholson | Director Of RCM | Leadership |
Adam Bender | Sr. Director, Financial Planning & Analysis | Leadership |
Joe Schmugge | Chief Operations Officer | Leadership |
Benjamin W. Strong | Chief Medical Officer | Leadership |
Sloan Miller | Medical Director, Diagnostic Radiologist | Leadership |
Roberta Monte | Sr Director Of Operations | Leadership |
Brian Schmidt | Director Of Marketing | Leadership |
Evan Ebner | Senior Vice President, Sales & Marketing | Leadership |
Holly Rakovan | Vice President Of Sales | Leadership |
Kayla Muenchow | Sr. Director Of Account Management & Inside Sales | Leadership |
Brian Baker | Associate Vice President Software Engineering | Leadership |
Gwen Hamilton | AR Supervisor | Team |
Aprilynne Pike | Marketing And Content Specialist | Team |
33 more people are available in the full profile.
Complete people profiles for vRad
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of vRad
5 dated milestones of vRad across 14 years, from founding to its latest funding, stage changes and deals.
- Founded vRad is founded.
- Funding First funding round of $25.0M.
- Exit Acquired by Providence Equity Partners.
- Funding Latest funding round, Debt – Conventional, of $45.0M.
- Exit Acquired by MEDNAX.
Competitors of vRad
vRad has 3 listed competitors in our database, 3 of them funded. They include Subtle Medical, Invicro and Arterys.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| subtlemedical.com | 2017 | Palo Alto, United States | $18.3M | 23 | AI-driven solutions for medical diagnostic imaging are developed. | |
| invicro.com | 2008 | Boston, United States | $45.84M | 308 | Provide contract research imaging services and software | |
| arterys.com | 2012 | San Francisco, United States | $70.2M | 20 | SaaS analytics platform for Medical Image Analysis |
Detailed competitors of vRad
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of vRad
The website of vRad (vrad.com) receives about 42.2K visits a month.
- Monthly visits42.2K
▼ 17% vs previous month
Websites whose visitors overlap most with vRad. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| diagnosticimaging.com | 100% | 32.4K | #1,048,643 | View details | |
thevirtualradiologist.com | thevirtualradiologist.com | 77% | – | ||
radworking.com | radworking.com | 68% | #1,301,420 | – | |
| mdsearch.com | 66% | #1,056,275 | View details | ||
radiologybusiness.com | radiologybusiness.com | 64% | #464,519 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for vRad
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 23 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as vRad (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 Vrad
Complete news archive for vRad
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about vRad
vRad was founded in 2001 and raised its 1st funding round 3 years after it was founded.
vRad is headquartered in Eden Prairie, United States. It is registered at Eden Prairie, Minnesota, United States.
vRad is a funded company, having raised a total of $25M across 2 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Apr 2004.
Founded in 2001 and headquartered in Eden Prairie, United States, operations in the radiology sector are conducted through AI-driven software for image analysis and teleradiology. Patented deep-learning algorithms enable patient imaging and data to be shared with specialists. Over 350 physicians are utilized on the platform to interpret scans for hospitals. Services encompass breast imaging, stroke assessment, trauma evaluation, and radiology informatics via peer benchmarking metrics.
vRad's top competitors include Subtle Medical, Invicro and Arterys.
vRad offers Teleradiology Services, Breast Imaging, Stroke Imaging, and Trauma Imaging.
vRad has 4 investors. Key investors include NewStar Financial, Summit Partners, MEDNAX, and Providence Equity.
Yes. vRad was acquired by MEDNAX in May 2015.