# BroadSpot Imaging Corporation

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

- Industry: Medical Devices & Equipment
- Headquarters: Richmond, US
- Website: www.broadspotimaging.com
- Total disclosed funding: $8.6M
- Latest round: Series A (Oct 9, 2018)
- Investors on record: 2

## About

BroadSpot Imaging Corporation provides advanced imaging solutions, focusing on high-resolution technologies for diverse industries including medical diagnostics and security surveillance.BroadSpot Imaging Corporation specializes in high-resolution imaging systems for various applications. Founded by Tushar Ranchod, the company is headquartered in Richmond, US. In October 2018, BroadSpot raised USD 3.75 mn in Series A funding led by Phoenix Venture Partners, with participation from Camino Real Capital Partners, bringing the total amount raised to USD 3.75 mn.BroadSpot Imaging specializes in advanced imaging solutions catering to various industries, focusing on high-resolution imaging technologies. Their core products include sophisticated imaging systems for medical diagnostics, industrial inspection, and security surveillance. These systems enhance visualization and analysis capabilities, addressing challenges faced by healthcare providers, manufacturers, and law enforcement agencies. BroadSpot serves a diverse clientele, distributing products globally with a notable presence in North America, Europe, and select markets in Asia.BroadSpot Imaging generates revenue through a multifaceted business model centered on B2B transactions. The company engages clients through direct sales of imaging systems, complemented by maintenance contracts and customer support services. Revenue is driven by flagship products offered in various pricing tiers, with potential partnerships with distributors and wholesalers to enhance market reach. The pricing structure reflects the premium quality of their imaging solutions, ensuring that clients receive value commensurate with their investment.BroadSpot Imaging intends to leverage recent funding to support the development of new products and expand into new markets. The Series A funding raised in October 2018 will be utilized to design and launch upcoming imaging solutions geared towards emerging markets. Specific geographic regions targeted for expansion include Asia and Europe, with plans to establish a stronger presence by 2020.

## Funding rounds

- Series A, Oct 9, 2018, $3.8M — Phoenix Venture Partners, Camino Real Capital Partners
- Series A, Oct 4, 2017, $4.8M — Phoenix Venture Partners, Camino Real Capital Partners

## Investors

- Phoenix Venture Partners — Series A
- Camino Real Capital Partners (https://capitalatlas.ai/funds/camino-real-capital-partners) — Series A