Foundation Radiology Group

HealthcareSeries APittsburgh, USfoundationradiologygroup.com

Latest round

Series A

Last raised

Apr 2009

Total raised

$10M

Investors

2

About Foundation Radiology Group

Foundation Radiology Group, formed in 2007 and headquartered in Pittsburgh, US, focuses on delivering specialized radiology services. The company was previously a portfolio entity of Wellspring Capital Management and recently acquired full ownership of RAYUS Radiology in July 2021.Foundation Radiology Group, through its partnership with RAYUS Radiology, provides advanced teleradiology services tailored to enhance efficiency and accuracy in healthcare environments. Their offerings include optimized onsite and remote subspecialty radiology services for various institutions such as academic medical centers and community hospitals, ensuring comprehensive access to radiology subspecialists around the clock.Foundation Radiology Group generates revenue through B2B transactions, focusing on service agreements with healthcare facilities. Their revenue model is structured around customized agreements for teleradiology services that may include subscription and fee-for-service options.Following their acquisition of RAYUS Radiology in July 2021, Foundation Radiology Group aims to expand its employed radiologist network and increase hospital partnerships.00 mn will support these initiatives, driving growth in the radiology sector. The company is focused on strengthening its market presence and enhancing service delivery to meet the evolving demands of healthcare providers.

Who invested in Foundation Radiology Group

2 investors across 1 round

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Funding rounds

  1. Series A

    Apr 13, 2009

    Amount

    $10M

    Investors

    Locked

Questions about Foundation Radiology Group

Who invested in Foundation Radiology Group?

Foundation Radiology Group has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Foundation Radiology Group raised?

Foundation Radiology Group has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Foundation Radiology Group last raise money?

Foundation Radiology Group's most recent round on record is a Series A, in Apr 2009.

What does Foundation Radiology Group do?

Foundation Radiology Group, formed in 2007 and headquartered in Pittsburgh, US, focuses on delivering specialized radiology services.

Where is Foundation Radiology Group headquartered?

Foundation Radiology Group is headquartered in Pittsburgh, US.

Which VCs invest in companies like Foundation Radiology Group?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Kleiner Perkins and Lightspeed Venture Partners back healthcare companies at Foundation Radiology Group's stage. Their profiles are linked below.

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