Trending...
- Governor Gavin Newsom signs SB 27, strengthening California's CARE Act and expanding access to behavioral health services
- Cent Capital Launches FinPedia, a Free Financial Literacy Resource for Personal Finance and Investing
- RNHA FL Unveils Bold New Leadership Ahead of 2026 Elections
SAN FRANCISCO, Feb. 27, 2020 /PRNewswire/ -- Qure.ai (www.qure.ai), a leading healthcare AI startup, has announced that they have raised $16M in a funding round led by Sequoia India and supported by MassMutual Ventures Southeast Asia (SEA). Qure.ai will use this new capital to drive geographical expansion, expand product portfolio and support regulatory clearances.
Founded in 2016 by Prashant Warier and Dr. Pooja Rao, and incubated by Fractal, Qure.ai today has presence in over 20 countries and has impacted over 600,000 lives. Using artificial intelligence developed on a database of over 7 million scans, Qure.ai solutions provide fast and accurate interpretations of radiology scans within seconds, reducing time to treatment in the critical moments of care.
"We are proud to have taken our solutions beyond the research stage to actually impacting patient lives across more than 200 locations in 20 countries," said Prashant Warier, Co-Founder & CEO of Qure.ai. "Our products ensure that life-saving treatments can be delivered to patients, even in remote locations, in a fraction of the time required for traditional scan interpretation. This funding round will allow us to further invest into R&D and to expand the reach of our solutions, accelerating our mission of delivering accessible and affordable healthcare to every human being."
More on The Californer
Qure.ai's solutions are all CE certified, their head CT product (qER) being the only solution in the industry to detect every critical brain abnormality on a head CT including five types of intracranial hemorrhages, cranial fractures, infarcts, midline shift, and mass effect (for tumor detection).
Qure.ai's chest X-ray automation and interpretation solution (qXR) accurately interprets chest X-rays to help automatically generate chest X-ray interpretation reports, detect tuberculosis (one of the world's leading infectious killers), chronic obstructive pulmonary diseases, lung malignancies and medical emergencies like lung collapses and cardiac disorders.
"Medical imaging is one of the fields in healthcare where there is enough digitized data to turn the promise of AI into a reality. The sophistication of Qure.ai's algorithms and predictive analytics tools, coupled with their expert team of data scientists and physicians positions them very well versus their global competitors," said Anjana Sasidharan, Principal at Sequoia Capital India LLP. "What sets them apart is their ability to deploy commercially at scale across multiple countries; something many others have failed to do as strong algorithms don't always translate to robust commercial products."
More on The Californer
"We are excited to partner with Qure.ai, improving access, efficacy and efficiency in clinical care," added Ryan Collins, Managing Director, MassMutual Ventures SEA. "Very few companies in this category have achieved this level of both academic and real-world validation, and Qure.ai is leading across multiple use-cases and modalities."
Qure.ai has been incubated by Fractal, an AI & analytics leader serving Fortune 500 companies. "Conceptualizing and incubating Qure.ai has been a matter of great satisfaction and pride for us," said Srikanth Velamakanni, Co-Founder of Fractal and Chairman, Qure.ai. "Prashant and Pooja have assembled a brilliant team that's committed to making healthcare accessible and affordable through AI. I am especially excited about the open research approach that Qure.ai has adopted and its focus on real world validation."
About Qure.ai
Headquartered in Mumbai, India, with U.S. operations in San Francisco and New York, Qure.ai is a breakthrough Artificial Intelligence (AI) solution developer that is disrupting the radiology 'status quo' by enhancing imaging accuracy and improving health outcomes with the assistance of machine-supported tools. Qure.ai taps deep learning technology to provide automated interpretation of radiology exams like X-rays, CTs and MRI scans for time and resource-strapped medical imaging professionals—enabling faster diagnosis and speed to treatment. Qure.ai is helping make healthcare more accessible and affordable to patients worldwide.
For more information, please visit www.qure.ai.
SOURCE Qure.ai
Founded in 2016 by Prashant Warier and Dr. Pooja Rao, and incubated by Fractal, Qure.ai today has presence in over 20 countries and has impacted over 600,000 lives. Using artificial intelligence developed on a database of over 7 million scans, Qure.ai solutions provide fast and accurate interpretations of radiology scans within seconds, reducing time to treatment in the critical moments of care.
"We are proud to have taken our solutions beyond the research stage to actually impacting patient lives across more than 200 locations in 20 countries," said Prashant Warier, Co-Founder & CEO of Qure.ai. "Our products ensure that life-saving treatments can be delivered to patients, even in remote locations, in a fraction of the time required for traditional scan interpretation. This funding round will allow us to further invest into R&D and to expand the reach of our solutions, accelerating our mission of delivering accessible and affordable healthcare to every human being."
More on The Californer
- New Book Call all Jews to Accept Jesus as the Messiah
- Flux AI Launches CRAISEE — The World's First All-in-One Generative AI Platform
- Governor Newsom pre-deploys additional storm safety resources to Southern California ahead of extreme weather
- 10xDev Launches in Los Angeles
- City of Long Beach Preparing for Upcoming Weather Event, Urges Residents to Take Precautions
Qure.ai's solutions are all CE certified, their head CT product (qER) being the only solution in the industry to detect every critical brain abnormality on a head CT including five types of intracranial hemorrhages, cranial fractures, infarcts, midline shift, and mass effect (for tumor detection).
Qure.ai's chest X-ray automation and interpretation solution (qXR) accurately interprets chest X-rays to help automatically generate chest X-ray interpretation reports, detect tuberculosis (one of the world's leading infectious killers), chronic obstructive pulmonary diseases, lung malignancies and medical emergencies like lung collapses and cardiac disorders.
"Medical imaging is one of the fields in healthcare where there is enough digitized data to turn the promise of AI into a reality. The sophistication of Qure.ai's algorithms and predictive analytics tools, coupled with their expert team of data scientists and physicians positions them very well versus their global competitors," said Anjana Sasidharan, Principal at Sequoia Capital India LLP. "What sets them apart is their ability to deploy commercially at scale across multiple countries; something many others have failed to do as strong algorithms don't always translate to robust commercial products."
More on The Californer
- Jimmy Swinder Launches "Jimmy Swinder Productions," Expanding Creative Reach
- Industrial CNC Machinery automates machining processes with high accuracy and reduced labor costs
- For Nat'l. Novel Writing Month: Check out The Next Big Thing in Entertainment for Books, Movies & TV
- MetroWest wellness: Holliston farmhouse spa unveils Centerpoint Studio
- California: Governor Newsom proclaims Indigenous Peoples' Day
"We are excited to partner with Qure.ai, improving access, efficacy and efficiency in clinical care," added Ryan Collins, Managing Director, MassMutual Ventures SEA. "Very few companies in this category have achieved this level of both academic and real-world validation, and Qure.ai is leading across multiple use-cases and modalities."
Qure.ai has been incubated by Fractal, an AI & analytics leader serving Fortune 500 companies. "Conceptualizing and incubating Qure.ai has been a matter of great satisfaction and pride for us," said Srikanth Velamakanni, Co-Founder of Fractal and Chairman, Qure.ai. "Prashant and Pooja have assembled a brilliant team that's committed to making healthcare accessible and affordable through AI. I am especially excited about the open research approach that Qure.ai has adopted and its focus on real world validation."
About Qure.ai
Headquartered in Mumbai, India, with U.S. operations in San Francisco and New York, Qure.ai is a breakthrough Artificial Intelligence (AI) solution developer that is disrupting the radiology 'status quo' by enhancing imaging accuracy and improving health outcomes with the assistance of machine-supported tools. Qure.ai taps deep learning technology to provide automated interpretation of radiology exams like X-rays, CTs and MRI scans for time and resource-strapped medical imaging professionals—enabling faster diagnosis and speed to treatment. Qure.ai is helping make healthcare more accessible and affordable to patients worldwide.
For more information, please visit www.qure.ai.
SOURCE Qure.ai
Filed Under: Business
0 Comments
Latest on The Californer
- Destination: Scientology, Del Valle Celebrates the Cultural Heritage of Mexico
- Jaipur Countryside, 4-Star Comfort: $199 for Two— All-Inclusive with Meals + Transfers at Heritage Hotel Savista
- The Underdog Rises: The First Lady Olivia and Tanasha Donna
- California: Governor Newsom signs bill to protect parents' rights and children
- Probate Shepherd® Announces a New Member Probate Attorney in Fort Worth, TX
- Phinge Announces "Test the Waters" Campaign for Potential Regulation A+ Offering: Home of Netverse Verified AI & Patented App-less Technology Platform
- Why Jobseekers Should Invest in a Professional Resume Writer
- Voices for Humanity Leads Resurgence of Moral Values in Hungary with Antónia and Ferenc Novák
- Richline Transportation Elevates San Diego Airport Transfers with Luxury Black Car Service
- RJ Grimshaw Launches "The AI EDGE" A Practical Guide Where Leadership Meets Innovation
- WECS TV Show San Francisco ~ Dallas Spotlights Sherri Young, AASC Executive Director
- California: Governor Newsom statement on the passing of Diane Keaton
- California: Governor Newsom issues legislative update 10.11.25
- Probate Shepherd® Announces a New Member Probate Attorney in Sugar Land, TX
- California: Governor Newsom signs SB 41 to lower the cost of prescription drugs
- New Song "Soccer Will Soar" Celebrates Upcoming 2026 World Cup and Welcomes Fans to the USA
- New Sports Card Addition to The Shoppes at Carlsbad
- Governor Newsom signs legislative package to expand services and resources for Californian women
- Live Good Leads with Love: Creating Opportunity, Protecting the Vulnerable and Inspiring Hope
- California to provide critical support for workers hurt by Trump's failure, federal shutdown