Franklin & Seidelmann Subspecialty Radiology

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Franklin & Seidelmann Subspecialty Radiology - overview

Established

2001

Location

Beachwood, OH, US

Primary Industry

Healthcare IT

About

Franklin & Seidelmann Subspecialty Radiology offers advanced radiology solutions, specializing in diagnostic imaging technologies and software to enhance healthcare efficiency and patient outcomes. Founded in 2001 and headquartered in Beachwood, US, Franklin & Seidelmann Subspecialty Radiology provides specialized radiology services. The company has engaged in a total of four deals, with the latest funding round being a VENTURE DEBT of USD 15. 00 mn completed on March 19, 2012, led by Horizon Technology Finance Corporation.


The total amount raised by the firm is USD 27. 50 mn. RadiSphere Group specializes in providing advanced solutions for the healthcare industry, focusing primarily on radiology and imaging services. Their core offerings include innovative diagnostic imaging technologies and software designed to enhance the efficiency of radiological examinations and patient care.


The company serves a diverse clientele, including hospitals, outpatient clinics, and diagnostic imaging centers across North America and Europe, effectively reaching both urban and rural healthcare providers. Revenue generation for RadiSphere Group is structured around B2B transactions, primarily through partnerships with healthcare institutions. Clients typically enter into service agreements that include various subscription models for software and technology support, ensuring ongoing access to the latest diagnostic tools and updates. The company’s flagship products are offered under tiered pricing plans that cater to different facility sizes and usage levels, enabling healthcare providers to choose options that align with their specific needs.


Looking ahead, Franklin & Seidelmann Subspecialty Radiology intends to leverage the recent VENTURE DEBT funding of USD 15. 00 mn to support the development and launch of new diagnostic imaging products. Additionally, they plan to expand their services into new geographic regions, targeting markets in Europe and Asia by the end of 2023. The company aims to enhance its product offerings to better meet the needs of healthcare providers in these expanding markets.


Current Investors

Oak Investment Partners, Second Generation, Maverick Capital

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT

Website

www.radispheregroup.com

Company Stage

Series C

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.