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AI radiology startup deepc secures $13M to fuel global expansion

deepc team
Picture credits: deepc

Munich-based deepc, an AI-powered radiology startup, has secured $13 million in the Series A extension round, bringing the company’s total funding to date to $30 million. 

The funding was co-led by Sofinnova Partners (which invested in Cure51 and Moon Surgical)  and Bertelsmann Investments, with participation from new investors KHP Ventures and SwissHealth Ventures, alongside existing investor Winning Mindset Ventures.    

The funding will be used to accelerate deepc’s growth and international expansion, as well as further enhance and commercialise its industry-leading operating system. having established its US headquarters last year and opening a UK office earlier this year, the company has now targeted Europe.

What challenge does it tackle?

Radiology is one area of medicine where AI can have an immediate impact and 1000+ clinically proven radiology AI solutions now available to health systems. However, few patients are currently benefiting from radiology AI because deploying these solutions in clinical settings remains expensive, time-consuming, and technically complex.

deepc is solving this problem through deepcOS, the leading AI operating system for radiologists and clinical organisation. 

What does the company do?

Founded by Dr. Franz Pfister, Julia Moosbauer Paul Mayer, and Dr.Michael Meyerhoff. It has developed the radiology AI platform deepcOS, providing clinicians with effortless access to a myriad of regulatory-approved AI solutions for more than 60 clinical indications, delivering more efficient workflows and assisting radiologists in their daily routine. 

It allows healthcare providers to benefit from the rapid developments taking place within radiology AI without any of the technical, operational, or commercial complexity. By giving AI developers low-friction access to deepc’s broad customer base and distribution network spanning over 30 countries, deepc is also helping accelerate the development of new AI solutions.

deepc enables easy and fast installation, end-to-end integration, and unified contracting and billing, service, all under a comprehensive privacy & security framework.

Today, deepc’s platform is used by leading organisations including Solothurn Hospital in Switzerland, the Vivantes Hospital Group and LMU University Hospital in Germany, CHU Brugmann (Brugmann University Hospital) in Belgium, as well as the National Health Service (NHS) in England.  

Dr. Franz Pfister, CEO and Co-Founder of deepc, said: “At deepc, we believe that the potential for AI in healthcare will only be realized if we can bridge the gap between cutting-edge AI and clinical practice. Our platform makes it easy for organizations to adopt the best AI technologies at pace and at scale, enabling faster, more accurate diagnoses and ultimately improving patient outcomes. We are thrilled to welcome SwissHealth Ventures and KHP Ventures, alongside our existing investors Sofinnova Partners, Bertelsmann Investments, and Winning Mindset Ventures. Together, they bring tremendous strategic value to deepc and will be a major asset as we continue to scale internationally and invest further in our platform.”

Simon Turner, Partner at Sofinnova Partners, said: “The influx of capital into AI is highlighting the importance of enabling technologies that drive adoption in healthcare. These enabling technologies are the focus of the Sofinnova Digital Medicine strategy, and an area that few have yet to command. From the outset, we recognized deepc’s potential to revolutionise AI deployment in healthcare. This conviction is reinforced today by the support of our new investors who bring a wealth of expertise to further accelerate the company’s growth.”

What do we think about deepc?

deepc is poised to transform radiology through its AI-powered platform, deepcOS, which simplifies the integration of regulatory-approved AI solutions into clinical workflows. By reducing the complexity and cost of deploying AI in radiology, deepc enhances diagnostic efficiency and accuracy, benefiting both healthcare providers and patients.

With its rapid international expansion and partnerships with leading healthcare institutions, deepc is set to significantly impact the future of radiology and AI adoption in healthcare.

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