Aidoc raises $150M to advance clinical AI foundation model - MedTech Dive
Aidoc, a medical imaging AI company, announced it has raised $150 million in new funding. The company said the money will be used to advance its clinical AI foundation model, called CARE, and to deploy it through an enterprise platform known as aiOS. The investment aims to reduce diagnostic errors and delays in healthcare.
The CARE model is designed to be a foundation model that can be applied across various imaging modalities, allowing for more consistent AI performance. The aiOS platform is intended to integrate AI tools into clinical workflows seamlessly. The investment round was led by a prominent healthcare venture capital firm and included participation from existing investors. Aidoc has previously raised significant capital, and the new funds represent a major vote of confidence in its approach.
Diagnostic errors remain a significant problem in medicine, with studies estimating millions of patients affected annually. Aidoc's approach seeks to address this by providing AI that can assist radiologists and other clinicians in detecting abnormalities quickly and accurately. The company plans to use the funding to expand its team and accelerate product development. The focus on a single foundation model differentiates Aidoc from competitors that use multiple specialized models.