# Dia Imaging Analysis

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

- Industry: Healthcare IT
- Headquarters: Beersheba, Israel
- Website: www.dia-analysis.com
- Total disclosed funding: $21M
- Latest round: Series B (Aug 24, 2021)
- Investors on record: 12

## About

Based in Israel, Dia Imaging Analysis Ltd develops AI-powered solutions for ultrasound imaging, enhancing diagnostic capabilities and improving patient care across various clinical settings.Founded in 2009 in Beersheba, Israel, Dia Imaging Analysis Ltd specializes in AI-driven ultrasound imaging analysis solutions. The company was co-founded by Arnon Cohen, Hila Goldman-Aslan, and Noah Cohen, with Hila Goldman-Aslan currently serving as CEO. Dia Imaging has secured a total of USD 14.00 mn through funding, including its latest funding round, Series B, which occurred on May 7, 2023, with contributions from multiple investors such as Alchimia Investments and Philips Venture Capital.DiA Imaging Analysis specializes in AI-based ultrasound imaging analysis solutions that enhance the diagnostic capabilities of ultrasound users. Their core product offerings leverage advanced artificial intelligence to automate and optimize ultrasound image interpretation, ultimately improving the accuracy and efficiency of diagnostics in various clinical settings. The technology aims to support healthcare professionals by providing clear insights into patient conditions, enabling earlier detection and more informed treatment decisions. DiA's solutions are tailored for use in hospitals, outpatient clinics, and diagnostic imaging centers, primarily serving markets in North America and Europe, particularly focusing on cardiology and obstetrics.The revenue model of DiA Imaging Analysis is structured around B2B transactions, where they provide their AI-driven solutions to healthcare institutions and professionals. Clients typically engage with DiA through licensing agreements or subscription-based services that allow for ongoing access to their imaging analysis tools. The pricing structure is designed to cater to a range of clients, from smaller clinics to large healthcare systems, ensuring scalability and flexibility in adoption. Flagship offerings, which are central to their revenue generation, include specialized software solutions that streamline ultrasound image processing and analysis. Through these agreements, DiA fortifies its position in the healthcare technology market while fostering long-term partnerships with its client base.In May 2023, Philips Electronics North America Corporation acquired Dia Imaging Analysis Ltd, with financial terms undisclosed. Moving forward, the company aims to enhance its product line through the development of new features for its existing AI imaging solutions and explore additional markets, specifically targeting expansion in Asia and Australia by 2024. The recent Series B funding will be instrumental in supporting these initiatives, allowing for increased R&D and marketing efforts as they seek to establish a stronger foothold in these new territories.

## Funding rounds

- Series B, Aug 24, 2021, $14M — Connecticut Innovations, DEFTA Partners, CreditEase Fintech Investment Fund, Mindset Ventures, Downing, XTX Ventures, Philips Health Technology Ventures, Alchimia Investments, ICON Community Fund
- Series A, Jan 29, 2019 — Mindset Ventures
- Series A, Aug 5, 2018, $5M — Connecticut Innovations, DEFTA Partners, CreditEase Fintech Investment Fund, Israel Innovation Authority
- Seed, Jun 1, 2015, $1M — Agate Medical Investments
- Seed, Jun 1, 2010, $0.6M — Ofakim Hi-Tech Ventures

## Investors

- Ofakim Hi-Tech Ventures (https://capitalatlas.ai/funds/ofakim-hi-tech-ventures) — Seed
- Agate Medical Investments (https://capitalatlas.ai/funds/agate-medical-investments) — Seed
- Connecticut Innovations (https://capitalatlas.ai/funds/connecticut-innovations) — Series A, Series B
- DEFTA Partners (https://capitalatlas.ai/funds/defta-partners) — Series A, Series B
- CreditEase Fintech Investment Fund (https://capitalatlas.ai/funds/creditease-fintech-investment-fund) — Series A, Series B
- Israel Innovation Authority — Series A
- Mindset Ventures (https://capitalatlas.ai/funds/mindset-ventures) — Series A, Series B
- Downing (https://capitalatlas.ai/funds/downing) — Series B
- XTX Ventures (https://capitalatlas.ai/funds/xtx-ventures) — Series B
- Philips Health Technology Ventures (https://capitalatlas.ai/funds/philips-health-technology-ventures) — Series B
- Alchimia Investments (https://capitalatlas.ai/funds/alchimia-investments) — Series B
- ICON Community Fund — Series B