Synapsica Healthcare has announced that it has raised $4.2M in Series A round from Endiya Partners and IvyCap Ventures for global expansion. Y Combinator, a Silicon Valley-based incubator along with other angel investors also participated in the funding round.
Vikram Gupta, Founder and Managing Partner, IvyCap Ventures Advisors Pvt Ltd, said, “Synapsica with its AI tools help in creating patient reports quickly. Our investment in the company is aimed at helping them in their expansion and growth.”
Meenakshi, CEO, Synapsica Healthcare, said, “We are obsessed with radiologists’ experience on our platform, and direct our research and tech development to create the best possible environment for clinical diagnosis. This means taking away all mundane tasks – button clicks, measurements, repetitive diagnosis – and giving back time to focus on the patient.”
Dr Ramesh Byrapaneni from Endiya Partners, added, “We firmly believe that the time for AI in healthcare is here. Radiology in particular, with an already existing digital image workflow, will see faster adoption of AI which will add to both the precision in diagnostics as well as improve accessibility on the patient care front. Synapsica’s products work seamlessly together, to provide a complete augmented radiology experience with objective and predictive reporting.”
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