Analytics 4 Life lands $25m for AI-backed cardiac imaging tech

Analytics 4 Life said today that it landed $25 million in a Series B financing round. A group of investors, including doctors and medical device experts, contributed to the round. The digital health company’s cardiac imaging tech is designed to help physicians assess the presence of coronary artery disease using signals from the body – without the use of radiation or contrast agents. The company’s first application of its technology is CorVista, a non-invasive diagnostic test that uses an array of sensors to scan signals naturally given from the body. When the sensors are finished collecting data, the signal package is transmitted to the cloud. There, it is analyzed by a machine-learning algorithm which generates a unique image and model of the heart, pointing towards areas of potential heart disease. The results of the test are presented on a physician web portal. “Heart disease is the leading cause of death globally, with 1 in 7 deaths in the U.S. attributed to CAD. We are thankful for the continued support from passionate investors who have made it possible for us to revolutionize the way that CAD is diagnosed,” CEO Don Crawford said in prepared remarks. “Securing this oversubscribed financing fuels our rapid growth to advance development of our diagnostic tool and gives us the resources we need to deliver this game-changing technology to patients and physicians.” The CorVista test is being evaluated in an on-going, two-stage clin...
Source: Mass Device - Category: Medical Devices Authors: Tags: Cardiovascular Diagnostics Funding Roundup Imaging analytics4life Source Type: news