Digital Diagnostics

AI the Right Way

General Information
Company Name
Digital Diagnostics
Founded Year
2010
Location (Offices)
Coralville, United States +1
Founders / Decision Makers
Number of Employees
113
Industries
AI, Health Care, Medical Devices +1
Funding Stage
Series B
Social Media

Digital Diagnostics - Company Profile

Digital Diagnostics is a pioneering AI diagnostics company with a mission to transform the quality, accessibility, and affordability of healthcare. Founded in 2010 by Dr. Michael Abramoff, an ophthalmologist, neuroscientist, and computer engineer, the company has developed a patented biomarker-based approach to build autonomous algorithms that make clinical decisions without human intervention. Its flagship product IDx-DR is an autonomous AI system FDA-authorized to diagnose diabetic retinopathy and diabetic macular edema, demonstrating that intelligent diagnostic platforms can be used safely, efficiently, and equitably to improve patient outcomes. The company's recent $75.00M Series B investment at 23 August 2022, led by 8VC, KKR, Optum Ventures, Gundersen Lutheran, Kinderhook, University of Iowa, Cedar Pine, Edward-Elmhurst Health, OSF Ventures, indicates substantial support and confidence from investors in its innovative approach. With a focus on healthcare, based in the United States, Digital Diagnostics is paving the way for automated diagnosis to become a new standard of care, promising to significantly contribute to democratizing healthcare.

Taxonomy: AI diagnostics, autonomous algorithms, digital health, medical imaging, FDA authorization, diabetic retinopathy diagnosis, medical innovation, patient outcomes, healthcare accessibility, biomarker-based diagnostics

Funding Rounds & Investors of Digital Diagnostics (7)

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Funding Stage Amount No. Investors Investors Date
Series B $75.00M 9 OSF Ventures, Kohlberg Kravis Roberts +1 23 Aug 2022
Venture Round $46.27M - 27 May 2022
Series A $32.60M 4 27 Sep 2018
Venture Round $5.00M - 01 Aug 2017
Venture Round $4.97M - 01 Jan 2016

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Latest News of Digital Diagnostics

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