Companies in AI in Medical Diagnostics
There are 2,475 companies in AI in Medical Diagnostics which include GRAIL, Tempus, Butterfly Network, Metabolon, Freenome. 1,009 companies in AI in Medical Diagnostics are funded, with 352 having secured Series A funding. Till date, the sector has seen the creation of 7 Unicorns. United States has the most number of companies in AI in Medical Diagnostics (731), followed by India
(163), and then United Kingdom (155).
2025 has seen the creation of 4 AI in Medical Diagnostics companies. On average, the last 10 years have seen 192 new companies launched every year. Most number of AI in Medical Diagnostics startups have been founded by alumni from Stanford University, Massachusetts Institute of Technology and Tel Aviv University.
Here is a List of top companies in AI in Medical Diagnostics
1. GRAIL
Developer of a screening platform for circulating tumor DNA to detect cancer. The company is developing a test called "Galleri" a pan-cancer screening test by measuring circulating nucleic acids in the blood. Its proprietary platform uses the ultra-deep sequencing technique to measure levels of circulating tumor DNA in the patient's blood.
Key facts about GRAIL
- Founded Year: 2016
- Location: Menlo Park (United States)
- Stage: Public
- Total Funding till date: $2B
- Investors: Arch Venture Partners, CPP Investments and 47 Others
- Latest Funding Round: Series D, Nov 27, 2019, $390M
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 2 of 306 Competitors
2. Tempus
AI-based precision medicine solutions for oncology. It provide an informatics platform for cancer treatment that helps physicians to make decisions based on computational analysis of a patient’s pathology. The platform analyzes a patient’s genetic data in the context of molecular therapies. The company connects bioinformatics with anatomical pathology providing doctors with relevant insight to make oncological decisions and more.
Key facts about Tempus
- Founded Year: 2015
- Location: Chicago (United States)
- Stage: Public
- Total Funding till date: $1.05B
- Investors: New Enterprise Associates, T. Rowe Price and 10 Others
- Latest Funding Round: Conventional Debt, Oct 20, 2022
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 37 Competitors
Portable ultrasound system for external ultrasound imaging. The company offer a handheld portable ultrasound machine that is powered by Ultrasound-on-Chip technology, which is the world's only single-probe, whole-body handheld device for various clinical applications such as procedural guidance, fetal or obstetric treatment, cardiac, peripheral vessels, urology, and ophthalmic treatments.
Key facts about Butterfly Network
- Founded Year: 2011
- Location: Guilford (United States)
- Stage: Public
- Total Funding till date: $350M
- Investors: Aeris Capital, Fidelity Investments and 13 Others
- Latest Funding Round: Grant (prize money), Mar 09, 2022, $5M
- Tracxn Score: 73/100 What is this?
- Competitors Rank: 1 of 163 Competitors
4. Metabolon
Provider of solutions for biomarker discovery, diagnostic tests, and personalized medicine. It offers a biochemical profiling platform that analyzes and identifies biochemicals in the research of pharmaceutical, biotech, agriculture, cosmetic, and consumer products. It also offers Quantose IR, a lab test for prediabetes assessment and treatment, and Meta IMD, a CLIA assay for inborn errors of metabolism. The company is also developing metabolomics-based clinical diagnostic tests that may improve the early detection of obesity-related metabolic diseases.
Key facts about Metabolon
- Founded Year: 2000
- Location: Morrisville (United States)
- Stage: Series H
- Total Funding till date: $181M
- Investors: Sevin Rosen, Fulcrum Financial Group and 16 Others
- Latest Funding Round: Series H, Dec 31, 2024, $7.5M
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 1 of 113 Competitors
5. Freenome
Provider of a deep learning platform for detecting circulating cancer-related markers. It offers a platform for detecting circulating cancer-related markers in patient blood samples. Its proprietary technology uses deep learning to detect cell-free DNA, immune cell fragments, and metabolic markers in the blood. It allows physicians to classify tumor types and develop treatment therapies for prostate, breast, colorectal, and lung cancer.
Key facts about Freenome
- Founded Year: 2014
- Location: San Francisco (United States)
- Stage: Series E
- Total Funding till date: $1.35B
- Investors: Perceptive Advisors, RA Capital Management and 62 Others
- Latest Funding Round: Series E, Feb 15, 2024, $254M
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 1 of 80 Competitors