About vRad
vRad is a company based in Eden Prairie (United States) founded in 2001 was acquired by MEDNAX in May 2015. vRad has raised $25 million across 2 funding rounds from investors including NewStar Financial, Summit Partners and MEDNAX. vRad offers products and services including Teleradiology Services, Breast Imaging, Stroke Imaging, and Trauma Imaging. vRad operates in a competitive market with competitors including Qure.ai, Subtle Medical, Perspectum, Zebra Medical Vision and Invicro, among others.
- Headquarter Eden Prairie, United States
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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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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$25 M (USD)
in 2 rounds
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Latest Funding Round
$45 M (USD), Debt – Conventional
Jun 01, 2010
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Investors
NewStar Financial
& 3 more
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Employee Count
Not available
- Acquired by
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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.
People of vRad
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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.
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.
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Summit Partners is recognized as a growth equity investment firm.
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Private equity investments in media, communications, education, and technology sectors.
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Financial services are provided by NewStar Financial in Boston.
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Investor details for vRad
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Investments & Acquisitions by vRad
Investment portfolio details for vRad
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Financial Statements - vRad
Detailed financials for vRad
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Vrad Comparisons
Peer comparison for vRad
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Competitors of vRad
vRad 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 Qure.ai, Subtle Medical, Perspectum, Zebra Medical Vision and Invicro, among others.
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AI-powered solutions for medical imaging diagnostics
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AI-driven solutions for medical diagnostic imaging are developed.
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Precision medicine software for liver disease diagnosis is offered.
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Provider of AI and SaaS-based medical image based decision support tools
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Provide contract research imaging services and software
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SaaS analytics platform for Medical Image Analysis
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Detailed competitors of vRad
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Latest news on Vrad
Complete news archive for vRad
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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.
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 Perspectum, Qure.ai and Subtle Medical.
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.