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Ultromics

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AI-powered echocardiogram analysis for heart failure detection.

Oxford, United KingdomFounded 2017Biotech & Life Sciences
Valuation $100–250M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Ultromics and the history behind them.

About Ultromics

Ultromics is a health technology company that provides artificial intelligence (AI)-driven solutions for cardiovascular disease diagnostics. It was founded in 2017 as a spin-out from the University of Oxford by Ross Upton and Professor Paul Leeson. The company's creation stemmed from Upton's PhD research in cardiovascular medicine, where, as a trained sonographer, he identified the subjective and time-consuming nature of echocardiography as a major bottleneck in heart disease detection.

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The core of Ultromics' offering is the EchoGo® platform, a cloud-based, software-as-a-service (SaaS) system that uses AI to analyze routine cardiac ultrasound (echocardiogram) images. This platform is designed to integrate seamlessly with existing hospital IT infrastructure, such as PACS, without requiring new hardware installations. The business model is subscription-based, allowing healthcare providers to pay for the service based on the number of analyses performed. Ultromics serves clients ranging from small practices to large hospital systems and collaborates with pharmaceutical companies, research institutions, and government bodies.

The EchoGo® platform hosts several FDA-cleared medical devices. EchoGo® Heart Failure received FDA clearance in December 2022 and is designed to aid in the detection of Heart Failure with preserved Ejection Fraction (HFpEF), a condition that is often difficult to diagnose. The tool analyzes a single echocardiogram view to identify patterns indicative of HFpEF, providing clinicians with structured reports to support their diagnostic decisions. In November 2024, the company gained FDA clearance for EchoGo® Amyloidosis, a screening tool developed in partnership with Johnson & Johnson Innovative Medicine and Pfizer to facilitate the early detection of cardiac amyloidosis from a single echocardiogram clip. Another product, EchoGo Core, automates the calculation of key cardiac measurements like Ejection Fraction (EF) and Global Longitudinal Strain (GLS).

Since its inception, Ultromics has secured significant funding, including a $33 million Series B round in 2021 and a $55 million Series C round in 2025, with investors such as the Blue Venture Fund, Optum Ventures, GV (formerly Google Ventures), and major US health systems. The company has established numerous strategic partnerships, including with the Mayo Clinic for research, the UK's National Health Service (NHS), Johnson & Johnson, Pfizer, and the Foundation for the National Institutes of Health (FNIH).

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Oxford, United Kingdom
Employees
85
Open positions
1
Dealroom signal
91.6/100
Industry
Health
Sub-industry
BioTechnology, Medical Devices, Health Platform
Sector
Biotech & Life Sciences, Biotechnology, Drug Development, Cardiology and cardiovascular, Medical Imaging, Core AI
Technology
Artificial Intelligence, Deep Tech, Machine Learning
Business model
SaaS
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Dec 2025 $0 — American Heart Association ↗
SERIES COther financing Aug 2025 $55M $220M GV · UPMC Enterprises · Blue Venture Fund · Oxford Science Enterprises ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMargin
2026
2025
2024
2023
2022
2021 —
2020 — — —
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Growth signals

Ultromics website traffic

Latest recorded traffic for Ultromics is 19K monthly website visits, up 35.7% over the last three months. Ultromics's team grew 19.7% over the past year.

Latest monthly visits19K 3-month web change+35.7% 1-year team growth+19.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Investments and acquisitions

Capital deployed

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

Investors

24 investors on the cap table

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

Seed4 investors entered at this stage

  • Oxford Science Enterprises
  • Government of the United Kingdom
  • UK National Institute for Health Research
  • American Heart Association

Series A11 investors entered at this stage

  • Neptune Ventures
  • Fushia
  • Dieter Spälti
  • RT Ventures
  • GT Healthcare
  • Tanarra
  • Andre Crawford-Brunt
  • Mayo Clinic
  • Nina Capital
  • Blue Venture Fund
  • Optum Ventures

Series B and later7 investors entered at this stage

  • Lightrock
  • Legal & General
  • Allegis Capital
  • GV
  • UPMC Enterprises
  • University of Oxford
  • The University of Chicago Medicine

Other known investors2 additional known investors

  • Future Planet Capital
  • Oxford University Innovation
Team profiled 21 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 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
3 countries with
team presence
🇬🇧 United Kingdom67.7%
🇺🇸 United States30.9%
🇵🇹 Portugal1.5%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Ultromics 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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