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Ultromics

Biotech & Life Sciences · Oxford, United Kingdom · Founded 2017

AI-powered echocardiogram analysis for heart failure detection. MoreLess

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.

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).

Keywords: Ultromics, EchoGo, artificial intelligence, medical imaging, echocardiography, heart failure detection, cardiac diagnostics, HFpEF, cardiac amyloidosis, cardiovascular medicine, cloud-based SaaS, medical device, FDA clearance, Ross Upton, University of Oxford, machine learning, predictive analytics, Global Longitudinal Strain, Ejection Fraction, PACS integration, health technology, digital health, cardiology AI, diagnostic software

Valuation $100–500M
Revenue $1–10M
Headcount <100
Total funding $100–500M
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Company overview

Ultromics company information

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

Status
Operational
Founded
2017
Headquarters
Oxford, United Kingdom
Employees
85
Open positions
1
Dealroom signal
91.6
client focusb2btechnologyArtificial IntelligencetechnologyDeep TechtechnologyMachine Learningsub industryBioTechnologysub industryMedical Devicessub industryHealth Platformbusiness modelSaaSindustryHealthsectorBiotechnologysectorDrug DevelopmentsectorCardiology and cardiovascularsectorMedical ImagingsectorCore AI

Valuation & funding

Ultromics funding history

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
SERIES BOther financing Aug 2021 $33M $132M Optum Ventures · Blue Venture Fund · Oxford Science Enterprises
GRANTOther financing Sep 2020 $0 Government of the United Kingdom · UK National Institute for Health Research
SERIES AOther financing Jun 2020 $11M $42M Mayo Clinic · RT Ventures · Oxford Science Enterprises · Nina Capital
FundingOther financing Nov 2019 Future Planet Capital
GRANTOther financing Jan 2019 Undisclosed
SERIES AOther financing May 2018 Neptune Ventures · Fushia · Dieter Spälti · Oxford Science Enterprises
SEEDOther financing May 2017 Oxford Science Enterprises
SPINOUTOther financing Mar 2017 Oxford University Innovation · University of Oxford
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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.

YearRevenueGrowthEBITDAMargin
2026 $2M 0% −$17M -832.6%
2025 $2M 0% −$17M -832.6%
2024 $2M +13% −$17M -832.6%
2023 $1.8M +47% −$17M -941%
2022 $1.2M +54.6% −$17M -1383.4%
2021 $785K −$14M -1748.5%
2020 −$918K
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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%
Monthly website visits109 observations · May 2017–Jul 2026
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Hiring

Open positions at Ultromics

Current openings linked to this company in Dealroom.

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Comparisons

Ultromics compared with similar companies

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Talent graph

Ultromics's talent

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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.

Investors

24 investors on Ultromics's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 4 investors entered at this stage
Oxford Science Enterprises
Government of the United Kingdom
UK National Institute for Health Research
American Heart Association
Series A 11 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+ 7 investors entered at this stage
Lightrock
Legal & General
Allegis Capital
GV
UPMC Enterprises
University of Oxford
The University of Chicago Medicine
Other known 2 additional known investors
Future Planet Capital
Oxford University Innovation

Global footprint

Where Ultromics has talent and traffic

Workforce by country
3 countries with
team presence
🇬🇧 United Kingdom67.7%
🇺🇸 United States30.9%
🇵🇹 Portugal1.5%
3 countries shown

In the news

Latest news about Ultromics

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

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Market sentiment

What the market is saying about Ultromics

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