U
Ultromics
AI-powered echocardiogram analysis for heart failure detection.
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).
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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Dec 2025 | $0 | — | American Heart Association | ↗ |
| SERIES COther financing | Aug 2025 | $55M | $220M | GV · UPMC Enterprises · Blue Venture Fund · Oxford Science Enterprises | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Open positions
Similar companies
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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.
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
- NVNeptune Ventures
- FUFushia
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
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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