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‘I Need Evidence Yesterday’: Gesund Raises $2 Million Provide Algorithm-Validating Data

Feb 24, 2022•over 3 years ago

Amount Raised

$2 Million

Round Type

seed

Description

It’s one thing to develop a medical algorithm, quite another to prove that it actually works. To do that, you need one crucial thing that’s hard to come by: medical data. And one startup is ready to provide that in spades, along with the tools to make validation studies easier.

Company Information

Company

I

About

The company has already come a long way, boasting viable platforms, 30 clients in their sales pipeline, and revenue expected this quarter, CEO and founder Enes Hosgor told TechCrunch. (The company plans to extend beyond radiology in the future). From there, the platform includes a “low code” interface. At the moment, Gesund claims to have a pipeline of 30 potential clients, and expects to generate revenue this quarter.“We were at RSNA in Chicago last November and every single AI company we talked to said ‘yes, I need evidence yesterday.’” The $2 million pre-seed round represents all of Gesund’s funding, but Hosegor expects the company to raise again this year. In the near future the company will focus on R&D and expanding its clinical partnerships in the US and Europe.