icoMetrix NV

SoftwareSeries ALeuven, Belgiumicometrix.com

Latest round

Series A

Last raised

May 2019

Total raised

$17M

Investors

3

About icoMetrix NV

Founded in 2011 and headquartered in Leuven, Belgium, icoMetrix NV focuses on developing advanced imaging solutions for neurological conditions. The company was established by Wim Van Hecke, who serves as CEO.icoMetrix specializes in advanced AI-driven solutions for brain imaging that facilitate the diagnosis and monitoring of various neurological conditions. Their flagship products, icobrain dm and icobrain aria, are FDA-cleared and CE-marked technologies designed to accurately visualize and quantify changes in brain lesions and volumes over time, particularly in multiple sclerosis, dementia, traumatic brain injury, epilepsy, and stroke. These solutions assist healthcare professionals in making timely and informed clinical decisions by providing standardized assessments of MRI scans, enhancing the capability to detect subtle changes that may indicate disease progression or treatment response.icoMetrix generates revenue primarily through B2B transactions with healthcare providers, including hospitals and diagnostic imaging centers. Their business model includes direct sales of their software solutions as well as potential subscription-based agreements for ongoing access to their technology. The reimbursement landscape for their services is supported by two specific US reimbursement codes (0865T and 0866T), which have multiple insurers covering them, thereby facilitating smoother financial transactions for clients. The pricing structure for these services reflects the complexity and value of the AI-driven analyses, allowing healthcare providers to integrate icoMetrix solutions into their standard workflow for enhanced patient care and diagnostic accuracy.00 mn to support the development of new products and expand its market reach. The company aims to introduce enhancements to its existing product line while exploring new solutions for healthcare providers. Additionally, icoMetrix is targeting further expansion into North America and Europe by 2025, leveraging its established client base and partnerships to drive growth.

Who invested in icoMetrix NV

3 investors across 1 round

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Funding rounds

  1. Series A

    May 14, 2019

    Amount

    $17M

    Investors

    Locked

Questions about icoMetrix NV

Who invested in icoMetrix NV?

icoMetrix NV has 3 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 icoMetrix NV raised?

icoMetrix NV has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did icoMetrix NV last raise money?

icoMetrix NV's most recent round on record is a Series A, in May 2019.

What does icoMetrix NV do?

Founded in 2011 and headquartered in Leuven, Belgium, icoMetrix NV focuses on developing advanced imaging solutions for neurological conditions.

Where is icoMetrix NV headquartered?

icoMetrix NV is headquartered in Leuven, Belgium.

Which VCs invest in companies like icoMetrix NV?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at icoMetrix NV's stage. Their profiles are linked below.

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