# USARAD Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/usarad-holdings

- Industry: Healthcare
- Headquarters: Fort Lauderdale, US
- Website: www.usarad.com
- Total disclosed funding: $3M
- Latest round: Series A (Mar 6, 2015)
- Investors on record: 4

## About

USARAD Holdings, Inc. is a Teleradiology Company that specializes in providing remote image interpretation and diagnostic reporting services, facilitating efficient healthcare solutions across various regions.Founded in 2008 by Michael Yuz, USARAD Holdings, Inc. is headquartered in Fort Lauderdale, US. The company provides teleradiology services and has completed 3 deals, with the most recent funding round occurring on April 30, 2015, raising USD 4.00 mn led by Omphalos Venture Partners, along with investors Excelerate Health Ventures and Next47. Michael Yuz has a history of entrepreneurial ventures prior to founding USARAD.USARAD Holdings, Inc. specializes in comprehensive radiology services that include remote image interpretation and diagnostic reporting. This allows healthcare providers to access expert radiological insights from various locations, enhancing timely and accurate patient diagnoses. The company serves hospitals, clinics, and imaging centers, optimizing both patient care and operational efficiency across the United States, Canada, and select European countries.USARAD Holdings, Inc. operates on a subscription-based revenue model, where clients pay for ongoing access to radiology services. This structure ensures stable income as clients frequently require interpretation and reporting. Revenue transactions are structured around the services delivered, with pricing potentially varying based on the volume of images processed or the complexity of services provided.In April 2015, USARAD Holdings, Inc. raised USD 4.00 mn to support growth initiatives. The company is focusing on expanding its market presence and is exploring new products to enhance its service offerings. Specific geographic expansion plans are underway, targeting additional regions in North America and Europe within the next few years, aiming to meet the increasing demand for remote radiology services.

## Funding rounds

- Series A, Mar 6, 2015, $3M — N47, GCP Capital Partners, Omphalos Venture Partners, Excelerate Health Ventures

## Investors

- N47 (https://capitalatlas.ai/funds/n47) — Series A
- GCP Capital Partners (https://capitalatlas.ai/funds/gcp-capital-partners) — Series A
- Omphalos Venture Partners (https://capitalatlas.ai/funds/omphalos-venture-partners) — Series A
- Excelerate Health Ventures (https://capitalatlas.ai/funds/excelerate-health-ventures) — Series A