Optellum
Latest round
- Series A
Last raised
- Aug 2022
Total raised
- $21M
Investors
- 7
About Optellum
Optellum Ltd.Optellum Ltd. specializes in AI-powered tools for lung cancer diagnosis, having been founded in 2016 in Oxford, UK.Optellum specializes in advanced AI-powered solutions for early lung cancer diagnosis and patient management. The company's primary offering is the Virtual Nodule Clinic (VNC), which utilizes the Optellum Lung Cancer Prediction® (LCP) AI technology. This innovative platform is designed to discover, track, and assess the risk of malignancy in lung nodule patients, thereby enabling healthcare providers to prioritize cases effectively and reduce the time to diagnosis. By leveraging the world's largest chest CT datasets, Optellum's AI models enhance clinical decision-making, ultimately improving patient outcomes.Optellum's revenue model is based on the deployment of its flagship product, the Virtual Nodule Clinic, through partnerships with healthcare providers. The company engages in direct sales and subscription agreements with clinical institutions, ensuring they have access to its AI solutions. Revenue is generated from licensing fees and service agreements, which allow healthcare providers to implement the VNC system within their existing frameworks. These financial arrangements support a continuous relationship between Optellum and its clients, necessitating ongoing training, support, and updates to the AI technology.In August 2022, Optellum Ltd. The company is targeting expansion into new markets in the UK and USA, with plans to enhance its product offerings and increase its market presence.
Who invested in Optellum
7 investors across 2 rounds
See all investors in Optellum
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Optellum
Who invested in Optellum?
Optellum has 7 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 Optellum raised?
Optellum has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Optellum last raise money?
Optellum's most recent round on record is a Series A, in Aug 2022.
What does Optellum do?
Optellum is a software company.
Where is Optellum headquartered?
Optellum is headquartered in Oxford, UK.
Which VCs invest in companies like Optellum?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Optellum's stage. Their profiles are linked below.
VCs backing software startups at Series A
Raising like Optellum? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.