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New Lantern AI
Software that automates tedious tasks for radiologists, allowing them to focus on diagnostic decision-making
About New Lantern AI
New Lantern AI is a startup operating in the healthcare technology sector, specifically focusing on radiology. The company offers a cloud-based Picture Archiving and Communication System (PACS), which is a medical imaging technology that provides economical storage and convenient access to images from multiple modalities. The system is powered by artificial intelligence (AI) to help radiologists work faster and more efficiently, saving both time and money.
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The company's primary clients are radiologists and healthcare institutions that require radiology services. New Lantern AI's business model revolves around providing these clients with a modern, AI-powered interface that allows for faster dictation of reports, automatic segmentation of images, and automatic distribution of cases based on specialties. This not only reduces the time spent on each case but also eliminates the need for on-premise IT infrastructure, resulting in significant cost savings.
New Lantern AI's system also includes unique features such as AI-generated report impressions, single-click volumetric measurements, and an auto organ classifier. These features expedite comparison and diagnosis, making the system more efficient. The platform is securely accessible anywhere, anytime by medical practitioners and patients, providing added convenience and flexibility.
The company generates revenue by charging its clients for the use of its cloud-based PACS. Given the significant time and cost savings it offers, the system is likely to be an attractive option for many healthcare institutions, suggesting strong potential for revenue growth.
Latest news
Press, funding announcements and product moves mentioning New Lantern AI.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Nov 2024 | $19M | $76M | Amjad Masad · Gokul Rajaram · Afore Capital · Jay Kreps | ↗ |
| SEED✓Equity / VC | Mar 2023 | $3.6M | $14M | Afore Capital · Neo vc | — |
Growth signals
Latest recorded traffic for New Lantern AI is 8K monthly website visits, down 74.2% over the last three months. New Lantern AI's team grew 61.9% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Afore Capital
Neo vc
Series A7 investors entered at this stage
Benchmark
Amjad Masad
Gokul Rajaram
Jay Kreps- AFAnthology Fund
SV Angel
Guillermo Rauch
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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