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Icometrix
AI-powered software for quantitative brain scan analysis
About Icometrix
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.
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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.
At a glance
- Status
- Acquired
- Founded
- 2011
- Headquarters
- Leuven, Belgium
- Employees
- 46
- Open positions
- 1
- Dealroom signal
- 67.6/100
- Industry
- Health
- Sub-industry
- BioTechnology, Health Platform
- Sector
- Biotech & Life Sciences, Biotechnology, MRI, Biomarkers
- Technology
- Artificial Intelligence, Hardware, Big Data, Deep Tech, Machine Learning, Computer Vision
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Sep 2025 | $0 | — | GE Healthcare | ↗ |
| GRANT✓Other financing | Mar 2023 | $1.8M | — | NHS England | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
NHS England
Series A1 investor entered at this stage
Capricorn Partners
Series B and later2 investors entered at this stage
Forestay Capital
Optum Ventures
Other known investors9 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
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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