3 years ago
Medtech Startup Hexarad Secures £4.5 Million Series A to Optimize Radiology Workflow
Hexarad, a UK-based medtech startup, has raised £4.5 million in a Series A funding round led by Foresight Group, with additional participation from angel investors
This follows a previous investment of £2.2 million, bringing the total raised to £6.7 million
The company plans to use the funds to further develop its radiology workflow management software, aiming to reduce scan reporting times and improve efficiency for healthcare providers.
ProblemHealthcare
"Radiology departments are overstretched and have severe delays in scan results."
Solution
"Hexarad provides workflow management software to radiology departments to optimize imaging scan times. The software analyzes and deploys the limited number of radiologists in a more efficient way."