deepc, a Munich, Germany-based digital medicine pioneer that gives healthcare systems the flexibility to adapt and integrate third-party artificial intelligence (AI) technology into existing workflows and ultimately improve patient outcomes, announced that it raised a €12 million Series A funding.
The round was led by Sofinnova Partners, with participation from Bertelsmann Investments and existing investor Winning Mindset Ventures. Simon Turner, Partner at Sofinnova Partners, joins deepc’s Board of Directors
The proceeds will be used to propel the commercialization of the deepcOS® AI operating system and further develop streamlined services to improve the user experience for radiologists. The proceeds will also expand deepc's geographic coverage and develop additional features within deepcOS®.
"At deepc, we believe that AI has the power to revolutionize the way we approach healthcare," said Dr. Franz Pfister, co-founder, and CEO of deepc. "Our AI platform, deepcOS, is a game changer for radiology, allowing for faster, more accurate diagnoses and ultimately improving patient outcomes. We are thrilled to welcome Sofinnova Partners and Bertelsmann Investments on board. Their extensive networks in the healthcare ecosystem will propel deepc forward."
The company's core technology, deepcOS®, is a cloud-native, vendor-neutral platform that integrates seamlessly with existing radiology workflows. It provides approved third-party AI vendors with an efficient way to commercialize their solutions while offering hospitals and clinics a secure, "one-stop shop" for their AI-assisted radiology needs.
Company: deepc GmbH
Raised: €12.0M
Round: Series A
Funding Month: March 2023
Lead Investors: Sofinnova Partners
Additional Investors: Bertelsmann Investments and Winning Mindset Ventures
Company Website: https://www.deepc.ai/
Software Category: Radiology AI Operating System
About the Company: Founded in 2019, deepc is the AI operating system for effortless access to radiology AI from leading vendors, with just one simple integration. Driven by a desire to ensure precise diagnostics for all patients, deepc is on a mission to cut through the challenges of a crowded AI market and provide radiology teams with seamless access to an array of the best regulator-approved AI diagnostic tools. Its growing team of more than 40 employees with 20 different nationalities working in seven cities is dedicated to improving the AI user experience for radiologists while easing market access for AI software vendors.
Source: https://www.deepc.ai/news/digital-medicine-pioneer-deepc-announces-eu12-million-series-a-round-led-by-sofinnova-partners