# Avandra Imaging

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avandra-imaging

- Industry: Healthcare IT
- Headquarters: Newport Beach, US
- Website: www.avandraimaging.com/
- Total disclosed funding: $15M
- Latest round: Series A (Feb 17, 2025)
- Investors on record: 6

## About

Avandra Imaging, Inc offers innovative data solutions for the healthcare sector, focusing on pharmaceutical companies and clinical researchers to enhance data privacy, compliance, and research collaboration.Avandra Imaging, Inc provides advanced data solutions tailored for the healthcare industry, based in Newport Beach, US. Founded by individuals with extensive experience in healthcare data management, the company has not undergone any notable pivots. Currently, it operates as an independent entity without any known subsidiaries. The founder has a history of previous ventures in the healthcare technology sector. The company secured USD 17.75 mn in Series A funding on February 17, 2025, led by Aegis Ventures and SpringRock Ventures, with participation from notable investors including Northwell Health and Memorial Hermann Health System Foundation.Avandra Imaging, Inc. specializes in providing comprehensive data solutions tailored for the pharmaceutical sector, medical device manufacturers, and clinical researchers. Central to their offerings is a federated network that facilitates collaborative research while ensuring data privacy and compliance, allowing original data owners to maintain control over their information. Avandra's services encompass all stages of healthcare research and development, focusing on clinical trials, health outcomes, and patient care. Their client base includes a diverse array of healthcare institutions across the United States, with access to over 50% of medical centers and an extensive repository of billions of medical images. The solutions are designed to streamline the data acquisition process, enhancing the quality and reliability of insights for research initiatives.Avandra Imaging generates revenue through a structured transaction model primarily focused on B2B engagements. Clients typically enter into partnerships that facilitate access to Avandra's data solutions, which may involve subscription-based arrangements for using their imaging data and research support services. This model allows clients, including large pharmaceutical companies and research organizations, to integrate advanced data solutions into their projects efficiently. Specific pricing plans and flagship products associated with these services are defined within client agreements, ensuring a clear understanding of the value delivered through Avandra's offerings. The company maintains a robust revenue stream by consistently delivering high-quality data services that meet the evolving demands of healthcare research.In February 2025, Avandra Imaging, Inc raised USD 17.75 million in Series A funding, which will be allocated to enhancing its de-identified imaging and clinical data network. The company plans to focus on the development of its platform, expanding the data network, and scaling commercial initiatives. Avandra aims to introduce new analytical tools and features to its services by the end of 2025, while also targeting expansion into international markets in Europe and Asia over the next two years.

## Funding rounds

- Series A, Feb 17, 2025, $15M — Memorial Hermann Health System Foundation, Northwell Holdings, SpringRock Ventures, Greater Sum Ventures, Kompass Ventures, Aegis Ventures

## Investors

- Memorial Hermann Health System Foundation — Series A
- Northwell Holdings (https://capitalatlas.ai/funds/northwell-holdings) — Series A
- SpringRock Ventures (https://capitalatlas.ai/funds/springrock-ventures) — Series A
- Greater Sum Ventures (https://capitalatlas.ai/funds/greater-sum-ventures) — Series A
- Kompass Ventures — Series A
- Aegis Ventures (https://capitalatlas.ai/funds/aegis-ventures) — Series A