Digital Diagnostics

Medical Devices & EquipmentSeries BCoralville, USdigitaldiagnostics.com

Latest round

Series B

Last raised

May 2022

Total raised

$109M

Investors

11

About Digital Diagnostics

Digital Diagnostics Inc.Founded in 2010 in Coralville, US, Digital Diagnostics Inc. focuses on AI diagnostics, with its flagship product, LumineticsCore™, receiving FDA clearance.00 mn.Digital Diagnostics is a pioneering healthcare technology company that specializes in artificial intelligence (AI) diagnostic solutions, primarily focusing on the early detection and management of diabetic retinopathy through its flagship product, LumineticsCore™. Released as the first FDA-cleared AI diagnostic platform capable of making diagnoses without physician input, LumineticsCore™ enables healthcare providers to diagnose diabetic retinopathy at the point of care, generating results within 30 seconds of image submission. This innovation addresses critical challenges in healthcare, such as improving accessibility, affordability, and quality of eye care for patients with diabetes.Digital Diagnostics generates revenue primarily through its sales of LumineticsCore™, which is reimbursable under CPT code 92229, allowing healthcare providers to receive compensation for utilizing this diagnostic service. The transaction structure typically involves direct business-to-business (B2B) relationships with healthcare providers, enabling seamless integration of the AI technology into their practices. Clients pay for the integration of LumineticsCore™ into their systems, alongside potential ongoing service agreements for training and support.Digital Diagnostics Inc. The company is exploring additional AI diagnostics solutions that enhance diabetic care and plans to expand its presence beyond the US into international markets.

Who invested in Digital Diagnostics

11 investors across 2 rounds

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Funding rounds

  1. Series B

    May 13, 2022

    Amount

    $76M

    Investors

    Locked

  2. Series A

    Sep 12, 2018

    Amount

    $33M

    Investors

    Locked

Questions about Digital Diagnostics

Who invested in Digital Diagnostics?

Digital Diagnostics has 11 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Digital Diagnostics raised?

Digital Diagnostics has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Digital Diagnostics last raise money?

Digital Diagnostics's most recent round on record is a Series B, in May 2022.

What does Digital Diagnostics do?

Digital Diagnostics is a medical devices & equipment company.

Where is Digital Diagnostics headquartered?

Digital Diagnostics is headquartered in Coralville, US.

Which VCs invest in companies like Digital Diagnostics?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Digital Diagnostics's stage. Their profiles are linked below.

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