# Corsmed

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/corsmed

- Industry: Healthcare IT
- Headquarters: Stockholm, Sweden
- Website: www.corsmed.com/
- Total disclosed funding: $3.5M
- Latest round: Seed (Dec 18, 2024)
- Investors on record: 2

## About

Based in Stockholm, Sweden, and founded in 2016 by co-founders Erik Jacobsson (CEO) and Christos Xanthis (CTO), Corsmed AB operates as a provider of MRI simulation technology and training solutions for universities, clinics, and hospitals. In December 2024, Corsmed AB raised EUR 3.3 million in seed funding co-led by Luminar Ventures and Big Pi Ventures, with participation from unspecified investors.

Corsmed specializes in advanced MRI simulation technology through its flagship product, the Corsmed MRI Simulator, which offers a comprehensive training platform for MRI scanning. This simulator allows users to engage in unlimited hands-on training, enabling them to configure hardware, set up patients, adjust slice angulation, and fine-tune protocols, sequences, and parameters. The simulator is designed for a range of end users, including universities, colleges, clinics, and hospitals, providing tailored training programs that can be customized to meet specific educational needs. Corsmed’s products are primarily targeted at markets in North America, Europe, and Asia, where they support educational institutions and healthcare organizations in improving their MRI training capabilities.

Corsmed generates revenue through a subscription-based model for its MRI Simulator, appealing to educational and healthcare organizations seeking scalable training solutions. Clients typically engage in annual or multi-year agreements that grant them access to the simulator's features, including user management and analytics tools for monitoring progress.

Corsmed aims to expand its product offerings and is exploring opportunities to enter new markets in North America, Europe, and Asia by the end of 2025.

## Funding rounds

- Seed, Dec 18, 2024, $3.5M — Luminar Ventures, Big Pi Ventures

## Investors

- Luminar Ventures (https://capitalatlas.ai/funds/luminar-ventures) — Seed
- Big Pi Ventures (https://capitalatlas.ai/funds/big-pi-ventures) — Seed