Nines Raises $16.5M in Series A Funding

ninesNines, a Palo Alto, CA-based teleradiology company, raised $16.5M in Series A funding.

Backers included Accel and 8VC, as well as prominent individuals like Lori Goler, former Deutsche Bank COO Kim Hammonds, and Veritas founder and former CEO Mark Leslie, among others.

Co-founded by CEO David Stavens and CMO Dr. Alexander Kagen, Site Chair of Diagnostic, Molecular and Interventional Radiology at Mount Sinai West and Mount Sinai St. Luke’s hospitals in New York City, Nines is a teleradiology company which has collaborated with top institutions and radiologists, including the Mount Sinai Health System, among others, to develop a service and technology which leverages applied machine learning to let radiologists focus their efforts on patient outcomes.
The company’s debut software suite is designed to aid in prioritizing the radiological review of emergent cases based on the analysis of head CT images, potentially facilitating faster diagnoses for those patients that need it most, all with the objective of allowing providers to start treatment sooner. The Emergent Neuro Suite is intended for triage of cytotoxic edema, hemorrhage, and mass effect, all of which are exceptionally time sensitive.
Nines is currently in discussions with the FDA regarding the evidence that the agency will require to support a marketing application for its Emergent Neuro Suite. Nines’ software is limited to analysis of imaging data and is not intended to be used in place of full patient evaluation or relied upon to make or confirm a diagnosis. The Emergent Neuro Suite is an investigational device in the US, limited by Federal law to investigational use. It is not currently employed by the Nines teleradiology practice.

The company has also formed an advisory board of doctors from several top medical institutions, including Dr. Burton Drayer, Chair of Radiology for the Mount Sinai Health System and Professor of Diagnostic, Molecular and Interventional Radiology at the Icahn School of Medicine at Mount Sinai, and Dr. David Mendelson, Vice Chair Radiology IT for Mount Sinai Health System and Professor of Radiology for the Icahn School of Medicine at Mount Sinai.

The Nines board includes Accel partner Steve Loughlin and 8VC founding partner Joe Lonsdale.



Join the discussion