Total amount raised
$110 Millions
Latest funding date
6/1/2022
Location
Aidoc has successfully raised significant funding through multiple investment rounds, attracting notable investors such as CDIB Capital and Alpha Intelligence Capital. The company specializes in developing AI solutions that enhance hospital efficiency and patient outcomes.
Keep reading to delve into the details of Aidoc's funding journey and the investors who are backing this innovative clinical AI platform.
What Is Aidoc?
Founded in 2016, Aidoc is a clinical AI company based in Tel Aviv, Israel. The company was established by Elad Walach, Gal Yaniv, Guy Reiner, and Michael Braginsky.
Aidoc specializes in developing AI solutions that assist radiologists and multidisciplinary response teams. Their technology analyzes medical images immediately after scanning, helping prioritize urgent cases and activating relevant care teams.
With a workforce of 251-500 employees, Aidoc continues to innovate in the healthcare sector, aiming to enhance hospital efficiency and patient outcomes through advanced AI-driven tools.
How Much Funding Has Aidoc Raised?
- Initial Coin Offering
- Amount Raised: Not publicly disclosed
- Date: November 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish initial funding for developing AI solutions in medical imaging.
- Series D
- Amount Raised: $110M
- Date: June 2022
- Lead Investors: TCV
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand Aidoc's AI-powered imaging platform.
Total Amount Raised: $110M
Current Valuation: Not publicly disclosed
Key Investors
- CDIB Capital
- Details: CDIB Capital is a private equity and venture capital firm based in Taiwan. They focus on growth capital and buyout investments in various sectors.
- Investment Focus Areas: Technology, healthcare, consumer products
- Notable Investments: Ginkgo Bioworks, Klook, TSMC
- Alpha Intelligence Capital
- Details: Alpha Intelligence Capital is a venture capital firm that invests in artificial intelligence and machine learning companies. They aim to support innovative startups with high growth potential.
- Investment Focus Areas: Artificial intelligence, machine learning, data analytics
- Notable Investments: Not publicly disclosed
- TCV
- Details: TCV is a leading growth equity firm based in the United States. They provide capital to technology companies at various stages of growth.
- Investment Focus Areas: Software, internet, financial technology
- Notable Investments: Netflix, Spotify, Airbnb
What's Next for Aidoc?
As Aidoc continues to innovate, the company is poised to capitalize on the growing demand for AI in medical imaging. With the recent $30 million funding round, Aidoc aims to develop a comprehensive AI imaging model that could revolutionize diagnostic precision and early detection of medical conditions. This opportunity is vast, given the increasing adoption of AI tools in radiology and other medical fields.
Future fundraising opportunities are likely as Aidoc expands its AI-powered imaging platform and strengthens partnerships with healthcare providers and technology companies. However, the company may face challenges such as integrating AI technologies within existing hospital IT systems and maintaining compliance with regulatory requirements. Despite these hurdles, Aidoc's commitment to innovation positions it well for continued growth and success in the healthcare sector.
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