OpenHealthTech / AISeries A

MediScan AI

AI diagnostic tool helping radiologists detect early-stage cancers with 99.2% accuracy.

Funding Progress

$720,000

raised of $1,200,000 target

60%

funded

Deal Summary

MediScan AI is developing FDA-cleared artificial intelligence software that assists radiologists in detecting early-stage cancers from medical imaging.

The Problem

Radiologists review hundreds of scans daily, leading to fatigue and missed diagnoses. Early detection of cancer dramatically improves patient outcomes.

Our Solution

Our AI acts as a "second pair of eyes," highlighting areas of concern and reducing false negatives by up to 40%.

Clinical Validation

  • 99.2% sensitivity in breast cancer detection
  • 97.8% sensitivity in lung nodule detection
  • Validated in peer-reviewed studies
  • FDA 510(k) clearance pending

Traction

  • Deployed in 15 radiology practices
  • 500,000+ scans analyzed
  • $3.2M ARR with 95% retention
  • LOIs from 3 hospital networks

Use of Funds

  • 35% FDA clearance process
  • 30% Clinical validation studies
  • 25% Sales & Marketing
  • 10% Operations

Investment Details

Status
Open
Min. Ticket
$50K
Round Type
Priced Round
Lead Investor
Health Ventures
Amount Raised
$720K
Target
$1.2M
Funded
60%

For accredited investors only. Not investment advice.