there is one There is a huge shortage of radiologists around the world., which means it’s harder for medical teams to perform imaging studies. As a result, more than 200 companies have emerged to create applications that use AI to automate various parts of the radiology process. CARPLRadiology Marketplace, which counts the Government of Singapore as a customer, is focused on making those applications easier to access and use for healthcare providers.
The San Francisco-based startup announced today that it has raised $6 million led by Stellaris Venture Partners. The round also included participation from angel investors Novo Holdings, LeapFrog PE, Bain & Company, Boston Consulting Group, United HealthGroup and others. CARPL will use the capital to fund leasing in North America and continue building out its technology stack.
Companies including AiDoc, Qure.ai. Unit, Avicenna, Glimmer and AzMed are all working on AI-based technology for radiology and are Over 700 FDA approved apps have been created so far, but it is challenging for healthcare providers to choose the radiology tools best suited to their needs and then integrate them into their radiology workflow. This has meant slow adoption despite the shortage of radiologists.
CARPL uses the DEV-D framework to help radiology teams discover (D), explore (E), and validate (V) apps from its AI Marketplace so they can then deploy (D) them. So far, it has onboarded over 50 AI developers with 100 apps, which CARPL says makes it the largest AI marketplace in terms of AI apps offered to customers. In addition to the Singapore Government, CARPL’s customer base also includes Massachusetts General Hospital, Radiology Partners, University Hospitals, I-Med Radiology, Albert Einstein Hospital and Clinton Health Access Initiative.
The company was founded in 2021 by Dr. Vidur Mahajan…