Scan.com raises $90M equity in one of the UK's largest early-stage health rounds
What's the deal? Scan.com has raised $90 million in an early-stage equity round led by Noteus PartnersDealroom has a profile for this one. Try Dealroom →, part of a wider $220 million package that also includes $130 million in debt. Aviva, Concord Health PartnersDealroom has a profile for this one. Try Dealroom →, YZR CapitalDealroom has a profile for this one. Try Dealroom →, Oxford CapitalDealroom has a profile for this one. Try Dealroom →, atempo growthDealroom has a profile for this one. Try Dealroom →, and VerisFi CapitalDealroom has a profile for this one. Try Dealroom → also took part.
What does it do? Scan.com runs a medical imaging network that connects patients to scanning centers through a single API. Providers, employer benefit platforms, health plans, and workers' compensation systems plug in with a few lines of code.
By the numbers: The company doubled revenue over the past year to surpass a $165 million annualized run rate. More than 900,000 patients have accessed care through its network globally.
Why it stands out: The round ranks among the top 1% of all early-stage VC deals in UK health by size, based on 847 comparable rounds. Scan.com is already the UK's largest medical imaging network and expanded into the US in 2023.
What's the endgame? Scan.com wants to build national imaging infrastructure in the US, where about 600 million scans run each year with no equivalent to lab networks like Quest DiagnosticsDealroom has a profile for this one. Try Dealroom → or LabcorpDealroom has a profile for this one. Try Dealroom →.
"Labs got that decades ago with Quest Diagnostics and Labcorp. Imaging never did, and that is what we have built," said co-founder and chief executive officer Charlie Bullock.
What could go wrong? The US market is large — valued at over $100 billion — but slow and fragmented, with 85% of scans still booked via fax or phone. A national shortage of radiologists and technologists adds pressure, and patients often wait weeks for a scan.
Where the money goes: Scan.com will expand its US provider network and invest in the API and AI infrastructure that routes patients, schedules scans, and returns results, typically within 48 hours. The debt facilities support M&A and working capital.
The signal: Imaging is one of the last large healthcare segments still largely offline, and investors are backing companies that connect patients to the right scanner at the right price. Scan.com is betting that a single national API can make fast, transparent imaging the standard rather than the exception.
Image credit: Scan.com
