Radiorx, Inc.

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Radiorx, Inc. - overview

Established

2002

Location

Mountain View, CA-California, US

Primary Industry

Biotechnology

About

RadioRx is a healthcare technology company that enhances communication within the healthcare landscape by delivering innovative telehealth solutions and communication tools. Founded in 2002, RadioRx operates out of Mountain View, US, specializing in healthcare communication solutions. The company has secured USD 20. 45 mn in funding, with the latest round occurring in April 2013.


RadioRx has been involved in 5 deals to date. RadioRx. com specializes in innovative solutions aimed at enhancing the communication landscape within the healthcare industry. The company offers a comprehensive suite of products that includes advanced telehealth platforms and communication tools designed to connect healthcare providers with patients seamlessly.


These products are tailored to address critical use cases such as remote patient monitoring, telemedicine consultations, and efficient data management, thus improving patient outcomes and provider efficiency. Targeting healthcare institutions, private practices, and telehealth service providers, RadioRx. com serves a diverse clientele that spans various geographical markets, including North America, Europe, and select regions in Asia. The products have been released over the past few years, reflecting the growing demand for digital health solutions, particularly in response to recent global health challenges.


RadioRx. com generates revenue through a subscription-based model, enabling clients to access its range of products and services on a recurring basis. The company establishes direct partnerships with healthcare organizations, facilitating ongoing service agreements that often include comprehensive support and updates. Clients typically subscribe to tiered pricing plans that cater to different user needs, allowing for scalability as organizations grow.


The flagship products, which include proprietary telehealth platforms, are offered through these structured agreements, with clients benefiting from various features bundled into their subscriptions. Revenue is driven by consistent usage across the client base, reflecting the company's commitment to delivering value and fostering long-term relationships within the healthcare ecosystem. RadioRx plans to leverage its recent funding of USD 20. 45 mn raised in April 2013 to enhance its product offerings and expand into new geographical markets.


The company is focusing on launching new telehealth products designed to cater to emerging healthcare needs by the end of 2023. Additionally, RadioRx aims to enter new markets in Asia and Europe, aligning with the global shift toward increased telehealth services.


Current Investors

InterWest Partners, Redpoint Ventures

Primary Industry

Biotechnology

Sub Industries

Biotechnology, Oncology/Cancer Treatment

Website

www.radiorx.com

Company Stage

Series B

Total Amount Raised

Subscriber access only

Radiorx, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified RoundCompletedRadiorx, Inc.-
Unspecified RoundCompletedRadiorx, Inc.-
Unspecified RoundCompletedRadiorx, Inc.-
Series BCompletedRadiorx, Inc.-
Series ACompletedRadiorx, Inc.-

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Radiorx, Inc. - employee data

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