# Franklin & Seidelmann Subspecialty Radiology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/franklin-seidelmann-subspecialty-radiology

- Industry: Healthcare IT
- Headquarters: Beachwood, US
- Website: www.radispheregroup.com
- Total disclosed funding: $28M
- Latest round: Series C (Nov 16, 2010)
- Investors on record: 2

## About

Franklin & Seidelmann Subspecialty Radiology offers advanced radiology solutions, specializing in diagnostic imaging technologies and software to enhance healthcare efficiency and patient outcomes.Founded in 2001 and headquartered in Beachwood, US, Franklin & Seidelmann Subspecialty Radiology provides specialized radiology services. The company has engaged in a total of four deals, with the latest funding round being a VENTURE DEBT of USD 15.00 mn completed on March 19, 2012, led by Horizon Technology Finance Corporation. The total amount raised by the firm is USD 27.50 mn.RadiSphere Group specializes in providing advanced solutions for the healthcare industry, focusing primarily on radiology and imaging services. Their core offerings include innovative diagnostic imaging technologies and software designed to enhance the efficiency of radiological examinations and patient care. The company serves a diverse clientele, including hospitals, outpatient clinics, and diagnostic imaging centers across North America and Europe, effectively reaching both urban and rural healthcare providers.Revenue generation for RadiSphere Group is structured around B2B transactions, primarily through partnerships with healthcare institutions. Clients typically enter into service agreements that include various subscription models for software and technology support, ensuring ongoing access to the latest diagnostic tools and updates. The company’s flagship products are offered under tiered pricing plans that cater to different facility sizes and usage levels, enabling healthcare providers to choose options that align with their specific needs.Looking ahead, Franklin & Seidelmann Subspecialty Radiology intends to leverage the recent VENTURE DEBT funding of USD 15.00 mn to support the development and launch of new diagnostic imaging products. Additionally, they plan to expand their services into new geographic regions, targeting markets in Europe and Asia by the end of 2023. The company aims to enhance its product offerings to better meet the needs of healthcare providers in these expanding markets.

## Funding rounds

- Series C, Nov 16, 2010, $28M — Oak Investment Partners, Maverick Capital

## Investors

- Oak Investment Partners (https://capitalatlas.ai/funds/oak-investment-partners) — Series C
- Maverick Capital (https://capitalatlas.ai/funds/maverick-capital) — Series C