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PaxeraHealth

paxerahealth.com

Founded Year

2009

Stage

Series A | Alive

Total Raised

$5.5M

Last Raised

$5.5M | 2 mos ago

About PaxeraHealth

PaxeraHealth develops medical imaging solutions that help healthcare organizations to automate their imaging workflow, elevate patient care, and cut imaging department picture archiving and communication system costs. It provides an enterprise imaging platform with technology at its core and includes an artificial intelligence-integrated image-sharing platform that manages universal viewers and advanced specialized tools for different imaging departments. The company was founded in 2009 and is based in Newton Center, Massachuetts.

Headquarters Location

85 Wells Avenue Suite 120

Newton Center, Massachusetts, 02459,

United States

888-590-0666

PaxeraHealth's Product Videos

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PaxeraHealth's Products & Differentiators

    PaxeraUltima 8th Gen

    An AI-based Enterprise Imaging Platform that detects 20 acute abnormalities (Chest X-ray, Mammography, and Brain CT) as they enter the worklist, helping radiologists prioritize life-threatening cases, improve efficiency, and expedite patient care. With thousands of built-in commands, the system's chatbot "EraBot" is able to interact seamlessly with users via speech and text, gives them access to radiology resources during reading or dictation, as well as pulls relevant patient data from the EMR directly on the viewing screen alongside images.

Expert Collections containing PaxeraHealth

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

PaxeraHealth is included in 4 Expert Collections, including Conference Exhibitors.

C

Conference Exhibitors

5,302 items

H

Health Monitoring & Diagnostics

315 items

Companies developing technology for computer-aided diagnostic imaging. Companies tagged as #ComputerAidedDxImaging

H

Health IT

363 items

C

Clinical Encounter Tech

625 items

Latest PaxeraHealth News

Imaging industry names in the news: Butterfly Network, iThera Medical, Novosound, PaxeraHealth

Dec 22, 2022

Noteworthy market developments listed in the order announcements were posted. Imaging AI platform developer PaxeraHealth (Boston) has closed a series A funding round of undisclosed amount. The round was led by Sopris Capital, a venture capital firm based in Colorado that says it’s focused on technology-enabled healthcare solutions ( Dec. 16 ). Paxera founder and CEO Mohamed Shoura, PhD: “Our goal is not to build yet another AI algorithm but to democratize AI in medical imaging and make it accessible, affordable and faster to deploy. [Our] industry-first ‘algorithm as a service’ platform is designed to enable healthcare facilities to create AI algorithms with no coding, using their own imaging datasets.” Butterfly Network (Burlington, Mass.) has completed the first phase of its POCUS equipment donation and user training program in Kenya. The phase saw the company deliver 500 of its handheld IQ+ ultrasound devices and train 1,000 midlevel maternal-fetal practitioners to use them ( Dec. 19 ). Sachita Shah, MD, Butterfly Network’s senior director of global health: “Maternal mortality from pregnancy and childbirth-related complications still occur at exceedingly high rates in Sub-Saharan Africa due to limited access to standard resources for maternal fetal care. Witnessing such interest and fast adoption of our advanced, digital device in these clinics has been inspirational.” Israel-based TechsoMed has established a subsidiary R&D operation in Germany to further develop TechsoMed’s software for image-guided tumor ablation ( Dec. 19 ). The company is partnering in the work with the applied research organization Fraunhofer Institute for Digital Medicine Mevis. TechsoMed CEO Yossi Abu: “This new strategic collaboration plays an important role in TechsoMed’s roadmap to transform ablation therapy into a precise, feedback-dependent treatment and create a true impact on patient care worldwide.” Scottish ultrasound sensor maker Novosound (Glasgow) is partnering with medical device developer PAVmed (New York City) to advance intravascular imaging ( Dec. 21 ). Novosound CEO and co-founder Dave Hughes: “PAVmed has a strong track record in delivering commercial stage medical technology across medical devices, diagnostics. and digital health.” PAVmed chairman and CEO Lishan Aklog, MD: “Novosound’s proprietary ultrasound technology has the potential to be a once-in-a-generation breakthrough in medical imaging. We are excited to partner with Novosound with the goal of revolutionizing the global intravascular imaging market.” iThera Medical of Munich, Germany, has closed a financing round of 13 million euros (around $13.8 million) to fund translation of their flagship imaging technology from research settings into routine clinical use ( Dec. 21 ). The technology, multispectral optoacoustic tomography (MSOT), converts light energy into sound waves so clinicians can visualize optical contrast at high resolution in deep tissue. Company CEO and co-founder Christian Wiest: “The proceeds from this funding round will be used to develop a next-generation MSOT device optimized for routine clinical use, to secure regulatory approval for deployment in Europe (CE mark) and the United States (FDA clearance) and to significantly expand clinical evidence in priority clinical indications.”

PaxeraHealth Frequently Asked Questions (FAQ)

  • When was PaxeraHealth founded?

    PaxeraHealth was founded in 2009.

  • Where is PaxeraHealth's headquarters?

    PaxeraHealth's headquarters is located at 85 Wells Avenue, Newton Center.

  • What is PaxeraHealth's latest funding round?

    PaxeraHealth's latest funding round is Series A.

  • How much did PaxeraHealth raise?

    PaxeraHealth raised a total of $5.5M.

  • Who are the investors of PaxeraHealth?

    Investors of PaxeraHealth include Sopris Capital Associates.

  • Who are PaxeraHealth's competitors?

    Competitors of PaxeraHealth include Lunit and 6 more.

  • What products does PaxeraHealth offer?

    PaxeraHealth's products include PaxeraUltima 8th Gen and 4 more.

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