Aidoc is a pioneering provider of artificial intelligence (AI) solutions for healthcare. Founded in 2016 by CEO Elad Walach, CTO Michael Braginsky, and VP of R&D and CISO Guy Reiner, the company develops AI algorithms that analyze medical imaging data, electronic health records, and other clinical sources. Aidoc's AI Care Platform operates as an intelligent layer on top of hospital IT systems, offering physicians actionable insights to streamline clinical workflows across the continuum of care.
The company's flagship product, the AI Care Platform, comprises FDA-cleared clinical solutions for various pathologies, including intracranial hemorrhage, pulmonary embolism, and large-vessel occlusion. These AI algorithms work behind the scenes, analyzing imaging studies and alerting radiologists to potential critical cases, enabling faster diagnosis and treatment.
Aidoc's technology has demonstrated its potential to expedite patient diagnosis, reduce time to treatment, shorten emergency department length of stay, and improve clinical outcomes. The company has partnered with over 1,000 hospitals and health centers globally, including leading medical institutions in the US, Europe, and Israel. In November 2023, Aidoc announced a USD 30 million investment to create the first-of-its-kind AI foundation model for medical imaging, aiming to further enhance diagnostic accuracy and accelerate algorithm development.
In June 2022, Aidoc raised USD 110 million in a Series D funding round, bringing its total investment to USD 250 million. The company has achieved significant growth, with over 250 employees in Israel and 100 worldwide as of June 2022, and aims to continue expanding its workforce.
Key customers and partnerships
Aidoc has formed strategic partnerships with prominent healthcare organizations, including Radiology Partners, a leading radiology practice in the US. The company's AI solutions are utilized by top medical centers such as Cedars-Sinai Medical Center in Los Angeles and Assuta Medical Centers, Israel's largest private medical network.
Assuta has integrated Aidoc's AI tools to detect intracranial hemorrhages and pulmonary embolisms, enabling imaging technicians to promptly identify critical cases and expedite patient care. Additionally, Assuta collaborates with Aidoc through its innovation arm, RISE, to foster AI development and deployment in radiology, pathology, and genomics.
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