https://www.radai.com | United States | 2018 | $29.25M
Rad AI is a United States-based software-as-a-service startup that uses artificial intelligence (AI) and machine learning to automate tasks for radiologists and streamline radiology workflows. The company’s flagship product, Rad AI Reporting, utilizes advanced natural language processing and generative AI to automatically generate comprehensive and accurate radiology reports, customized to each radiologist’s preferred language and style. Rad AI’s solutions are designed to integrate with radiologists’ existing workflows and systems, enabling them to reduce the number of words they need to dictate by 30-35% per day, saving them approximately 1 hour per 9-hour shift. To improve the performance and scalability of its AI-powered solutions, Rad AI has migrated its machine learning models to Amazon Web Services (AWS) and leveraged Amazon EC2 P4d instances. Rad AI has seen rapid growth, with its solutions used by 16% of the US radiology market, including 6 of the 10 largest radiology groups, and its client base expanding by over 100% in 2021.
