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Icometrix

Biotech & Life Sciences · Leuven, Belgium · Founded 2011

AI-powered software for quantitative brain scan analysis MoreLess

Icometrix provides artificial intelligence-powered software solutions for the analysis of brain MRI and CT scans. The company was founded in 2011 by Dirk Loeckx and Wim Van Hecke as a spin-off from the universities and university hospitals of Antwerp and Leuven in Belgium. The founders recognized the valuable information within brain scans and the difficulty for clinicians to extract it efficiently, leading them to develop AI to bridge this gap.

The company's core product is the icobrain software portfolio, which has received both CE-marking and FDA clearance. This cloud-based platform extracts clinically meaningful data from brain scans to assist in the diagnosis, monitoring, and treatment of neurological disorders such as multiple sclerosis (MS), Alzheimer's disease, dementia, traumatic brain injury, stroke, and epilepsy. The software quantifies brain structures and abnormalities, providing objective metrics that help clinicians track disease progression and treatment response. For instance, 'icobrain ms' helps monitor MS by tracking lesion and brain volume changes, while 'icobrain dm' assists in diagnosing dementia by identifying patterns in brain volume loss. In November 2024, the FDA cleared 'icobrain aria,' the first AI software for detecting and grading Amyloid-Related Imaging Abnormalities (ARIA), a potential side effect of some Alzheimer's therapies.

Icometrix serves hospitals, imaging centers, radiologists, and neurologists. Its business model involves providing its software as a service, which is integrated into clinical workflows. The company also collaborates with pharmaceutical companies on clinical trials and real-world evidence studies. Icometrix has established partnerships with major medical technology companies like Siemens Healthineers and Philips to integrate its AI solutions into their platforms. In September 2025, GE HealthCare announced its agreement to acquire Icometrix, aiming to integrate the icobrain platform with its MRI systems to meet the growing demand for personalized neurological treatment planning.

Over its history, Icometrix has raised a total of $20.2 million in funding over 10 rounds, with a significant Series A round of $18 million in 2019 led by Forestay Capital, Optum Ventures, and Capricorn Venture Partners. During the COVID-19 pandemic in 2020, the company launched icolung to analyze chest CT scans and also introduced icompanion, a digital platform and app for MS patients to monitor their health. The company is headquartered in Leuven, Belgium, with a U.S. presence in Boston.

Keywords: medical imaging AI, neurological disorders, brain MRI analysis, CT scan quantification, icobrain, multiple sclerosis monitoring, Alzheimer's diagnosis, dementia analysis, traumatic brain injury, stroke assessment, epilepsy imaging, radiology software, digital health, neuroimaging, lesion tracking, brain atrophy measurement, clinical decision support, GE HealthCare, FDA cleared AI, personalized medicine, medical software, health technology

Company overview

Icometrix company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2011
Headquarters
Leuven, Belgium
Employees
46
Open positions
1
Dealroom signal
67.6
client focusb2btechnologyArtificial IntelligencetechnologyHardwaretechnologyBig DatatechnologyDeep TechtechnologyMachine LearningtechnologyComputer Visionsub industryBioTechnologysub industryHealth Platformbusiness modelSaaSindustryHealthsectorBiotechnologysectorMRIsectorBiomarkers

Valuation & funding

Icometrix funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Sep 2025 $0 GE Healthcare
GRANTOther financing Mar 2023 $1.8M NHS England
SUPPORT PROGRAMOther financing Jan 2021 $0 EIT Health
SUPPORT PROGRAMOther financing Jan 2020 $0 28DIGITAL Accelerator
LATE VCEquity / VC May 2019 $18M $72M Optum Ventures · Capricorn Partners · Forestay Capital
EARLY VCEquity / VC Jan 2016 Capricorn Partners
SPINOUTOther financing Jan 2011 University of Antwerp · KU Leuven
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Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $7.5M 0% −$3.1M -41.5% −$3.1M -41.4%
2025 $7.5M 0% −$3.1M -41.5% −$3.1M -41.4%
2024 $7.5M +51.1% −$3.1M -41.5% −$3.1M -41.4%
2023 $5M +7.1% −$3.1M -62.8%
2022 $4.6M +10.5% −$3.1M -67.3%
2021 $4.2M −$3.1M -73.1%
2020 −$3.9M
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Growth signals

Icometrix website traffic

Latest recorded traffic for Icometrix is 27K monthly website visits, up 400% over the last three months. Icometrix's team grew 0% over the past year.

Latest monthly visits27K 3-month web change+400% 1-year team growth0%
Monthly website visits133 observations · Jun 2015–Jul 2026
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Hiring

Open positions at Icometrix

Current openings linked to this company in Dealroom.

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Comparisons

Icometrix compared with similar companies

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Talent graph

Icometrix's talent

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Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

13 investors on Icometrix's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
NHS England
Series A 1 investor entered at this stage
Capricorn Partners
Series B+ 2 investors entered at this stage
Forestay Capital
Optum Ventures
Other known 9 additional known investors
28DIGITAL Accelerator
EIT Health
GE Healthcare
KU Leuven
University of Antwerp
Caring Entrepreneurship Fund
Gemma Frisius Fund - GFF
HERAN Partners
Quest for Growth

Global footprint

Where Icometrix has talent and traffic

Workforce by country
5 countries with
team presence
🇧🇪 Belgium70.5%
🇺🇸 United States22.7%
🇵🇹 Portugal2.3%
🇫🇷 France2.3%
🇬🇧 United Kingdom2.3%
5 countries shown

In the news

Latest news about Icometrix

Recent press, funding announcements, and product moves mentioning Icometrix — open to read from the original sources.

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Market sentiment

What the market is saying about Icometrix

An AI-synthesized read of the highest-engagement posts about Icometrix on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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