Sirona Medical, a San Francisco, CA-based provider of cloud-native radiology workflow software, has raised $42 million in Series C funding.
Investors
The round was led by Avidity Partners, with continued support from existing investors such as 8VC and GreatPoint Ventures. The funding includes equity and converted debt, reflecting strong investor confidence following Sirona's commercial launch in November 2023.
Avidity Partners focuses on late-stage biotechnology and healthcare investments, emphasizing post-IPO equity and Series B and C rounds, primarily in the U.S., with a concentration in California and Massachusetts.
Sirona Medical Use of Funds
The funds will accelerate the development of Sirona’s Unify platform, enhance customer support, and drive commercial expansion.
About Sirona Medical
Sirona Medical Inc. is addressing the needs of today's radiology practices with a novel cloud-native platform that unifies radiology IT applications — worklist, viewer, reporter, archive, and AI — into a single, streamlined workspace. Sirona's radiology operating system (RadOS) represents the first-of-its-kind rearchitecting of an enterprise imaging IT infrastructure. It puts radiologists in the driver's seat with novel AI-powered solutions that simplify their workflow and amplify their work product. Based in San Francisco, CA, Sirona Medical is founded on a deep understanding of both the practice and business of radiology, to enable radiologists to work as fast as they can think.
Funding Details
Company: Sirona Medical, Inc.
Raised: $42.0M
Round: Series C
Funding Date: November 2024
Lead Investor: Avidity Partners
Additional Investors: 8VC, GreatPoint Ventures
Company Website: https://sironamedical.com/
Software Category: Radiology Workflow Solutions
Source: https://www.prnewswire.com/news-releases/sirona-medical-secures-42m-in-series-c-financing-to-enhance-customer-success-with-its-cloud-native-unify-platform-302315551.html