Collective Minds Radiology, a cloud-based collaboration platform for imaging providers, has raised $7.6 million in new funding, the company announced Aug. 28.
Scandinavia-based life sciences investment firm Segulah Medical Acceleration led the fundraising round alongside existing shareholders Brightly Ventures, Tradecity and Crista Galli Ventures. Headquartered in Danderyd, Sweden, the health-tech startup hopes to build the world’s largest teamworking platform for the field.
“Our thesis is that there is almost infinite expertise and data in healthcare. The problem is that it is locked into silos at hospitals and healthcare institutes,” CEO Anders Nordell, who co-founded the firm in 2017, said in an announcement. “In order to advance care, more collaboration is needed. With the support of our investors our goal is to revolutionize healthcare collaboration, ultimately helping patients to the right diagnosis and treatment faster.”
With the funds, Collective Minds Radiology plans to accelerate the expansion of its commercial product, which also facilitates education, research and clinical consultation. Nordell and colleagues said their technology is now used by more than 14,000 healthcare professionals, connecting them across 170 hospitals and other care sites.
Marty Stempniak has covered healthcare since 2012, with his byline appearing in the American Hospital Association's member magazine, Modern Healthcare and McKnight's. Prior to that, he wrote about village government and local business for his hometown newspaper in Oak Park, Illinois. He won a Peter Lisagor and Gold EXCEL awards in 2017 for his coverage of the opioid epidemic.