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Maui Imaging

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Provides high resolution imaging as a service to the world

San Jose, United StatesFounded 2006Health Tech & Medtech
Valuation $50–100M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Maui Imaging

Maui Imaging, a Tucson, Arizona-based company, is focused on advancing medical imaging with its Computed Echo Tomography (CET) platform. Founded in 2006 by the late Don Specht and his son, David Specht, the company emerged from a vision to overcome the limitations of conventional ultrasound. Don Specht's background was a unique blend of medical imaging, AI, and aerospace, including co-founding the first AI company for cancer detection in mammograms (R2 Technology) and working as a senior scientist at Lockheed Martin on space telescopes. This diverse experience led him to apply engineering principles from multiple aperture telescopes to ultrasound technology, aiming to image through physical barriers. David Specht, the current CEO, is a former Air Force flyer turned entrepreneur who has led the company since his father's passing in 2019, steering it towards its mission.

The company's core technology, CET, represents a significant departure from traditional ultrasound. It is designed to visualize anatomy through and around obstacles like bone, gas, and medical implants, which typically obstruct standard ultrasound waves. This is achieved by using a proprietary concave probe that transmits and receives sound energy from multiple angles, processing the reflected data with patented algorithms to construct a complete image. This process generates a large volumetric dataset that can be used for creating multiple image slices and for analysis by AI diagnostic tools. The company holds a substantial intellectual property portfolio, with over 160 granted patents and more pending.

Maui Imaging's flagship product is the K3900 imaging system, which received FDA 510(k) clearance in October 2023. The system, priced around $85,000, is portable and designed to be operated by personnel with minimal training, increasing its accessibility. The primary markets for this technology are trauma care, neurosurgery, and interventional radiology. A key client is the U.S. Department of Defense (DoD), which awarded Maui Imaging a $4 million contract in August 2024 to support trauma medicine for the military, particularly in resource-limited or mass casualty situations. The technology is being tested at major trauma centers, like the University of Maryland Shock Trauma Center, to validate its effectiveness in improving patient outcomes. The business model involves direct sales and leveraging distribution partnerships, such as an exclusive U.S. distribution agreement with Acertara Acoustic Laboratories for hospitals. The company has successfully raised over $40 million, including a $14 million Series D round in July 2025 to scale manufacturing, sales, and marketing efforts.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2006
Headquarters
San Jose, United States
Employees
30
Open positions
None listed
Dealroom signal
49.9/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Biotechnology, Radiology, Medical Imaging, Imaging Technology, Ultrasound Sensors, DT and LS, science-based
Technology
Artificial Intelligence, Deep Tech, Computer Vision
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES D✓Equity / VC Jul 2025 $14M $56M Acertara Acoustic Laboratories ↗
EARLY VCEquity / VC Mar 2021 $1.5M $6M Undisclosed —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Maui Imaging website traffic

Latest recorded traffic for Maui Imaging is 250 monthly website visits, down 57.6% over the last three months. Maui Imaging's team grew 114.3% over the past year.

Latest monthly visits250 3-month web change-57.6% 1-year team growth+114.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • US National Science Foundation

Series A1 investor entered at this stage

  • Green Park & Golf Ventures

Series B and later1 investor entered at this stage

  • Acertara Acoustic Laboratories
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Maui Imaging on X, ranked by likes and reposts, corporate channels excluded.

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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