Braid Health, a San Francisco, CA-based digital health innovation company that develops AI-powered diagnostic tools for radiology, closed $9m in seed and Series A funding rounds.
The round was led by Lux Capital with participation from 01 Advisors, and Rucker Park Capital.
The company intends to use the funds to continue to expand operations and its business reach, as well as increase its development efforts.
The company will use the funds to:
- Hire the most experienced team in healthcare technology,
- Build the healthcare industry’s most advanced, AI-driven diagnostic imaging platform,
- Develop the Braid Network, a technology platform connecting a virtual network of healthcare specialists to improve care delivery and drive cost out of the system.
Founded in 2018 by Kevin Quennesson and Alessandro Sabatelli, Braid Health provides urgent care centers, health systems and retail pharmacies with an AI-powered, end-to-end diagnostic collaboration platform for radiology and the healthcare industry.