HomeFunding AlertHealthtech Startup RedBrick AI raises $4.6 Mn from Angle Investor

Healthtech Startup RedBrick AI raises $4.6 Mn from Angle Investor

Health-tech platform RedBrick AI has scooped up a $4.6 million seed funding round led by Sequoia India and Southeast Asia’s Surge along with participation from Y Combinator and other angel investors.

RedBrick AI was backed by Y Combinator as part of the W22 batch. The proceeds will be utilised to strengthen the engineering team in India, expand the suite of products, and power the next generation of researchers in building AI for clinical settings, CEO Shivam Sharma said in a press release.

About RedBrick AI

RedBrick AI co-founder and CEO Shivam Sharma said the startup helps make annotations up to 60% faster using its configurable workflow system that works with medical imagery such as CT scans, X-rays, MRIs and ultrasound.

“We see ourselves building the foundational layer of artificial intelligence in healthcare. In the future, we want to help teams with everything from the data preparation to FDA clearance of the algorithms,” Sharma said in an interview with TechCrunch.

Founded in 2021 by former SpaceX Hyperloop engineers Sharma and Derek Lukacs (who serves as CTO), RedBrick AI offers specialized annotation tools that can be accessed through a web browser and integrated within customers’ existing data storage system, such as AWS, Google Cloud Platform and Azure. For annotating complex 3D medical images, it also has semi-automated tools.

RedBrick AI has a seven-member team that is mostly based in India, though the startup focuses primarily on the U.S. and Europe for marketing its tools. The startup also sees 99% of competition coming from open-source tools, followed by the in-house ones developed by companies to address their specific requirements.

The early customer base of RedBrick AI includes Germany’s biotech startup Orbem, Canada’s cancer and disease screening platform Prenuvo, Boston-based non-profit hospital and physician network Mass General Brigham and Maharashtra’s radiology AI platform Deeptek.


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Vishvajeet Kumar Gupta
Vishvajeet Kumar Guptahttps://marketmoney.in/
Vishvajeet Kumar is the Author & Co-Founder of the Marketmoney.in. He has also Appearing his graduation in Cadet Officer from Chennai . He is passionate about Blogging & Little-Bit in Banking.

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