Medo.AI Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 23

Employees

  • Latest Deal Type
  • M&A

  • Investors
  • 1

Medo.AI General Information

Description

Developer of a medical imaging technology designed to provide artificial intelligence that pairs with ultrasound devices to facilitate novice users' ability to detect common and critical conditions. The company's technology uses artificial intelligence and cloud computing that eliminates the need for an expert to perform or analyze an ultrasound scan, enabling health professionals to use digital imaging to lower the barrier to entry and improve the efficiencies of using the device.

Contact Information

Website
www.medo.ai
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 10065 Jasper Avenue
  • Suite 1501
  • Edmonton, Alberta T5J 3B1
  • Canada
Primary Industry
Diagnostic Equipment
Other Industries
Other Healthcare Technology Systems
Vertical(s)
Corporate Office
  • 10065 Jasper Avenue
  • Suite 1501
  • Edmonton, Alberta T5J 3B1
  • Canada

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Medo.AI Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 26-Jul-2022 Completed Startup
5. Early Stage VC 01-Aug-2021 Completed Startup
4. Seed Round 05-Mar-2018 Completed Startup
3. Accelerator/Incubator 17-Jan-2018 Completed Startup
2. Accelerator/Incubator 01-Jan-2018 Completed Startup
1. Spin-Off 01-Jan-2017 Completed Startup
To view Medo.AI’s complete valuation and funding history, request access »

Medo.AI Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a medical imaging technology designed to provide artificial intelligence that pairs with ultrasound devices
Diagnostic Equipment
Edmonton, Canada
23 As of 2022

Burlington, MA
 

American Fork, UT
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Medo.AI Competitors (2)

One of Medo.AI’s 2 competitors is Terason, a Corporation company based in Burlington, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Terason Corporation Burlington, MA
Novarad Corporation American Fork, UT
You’re viewing 2 of 2 competitors. Get the full list »

Medo.AI Patents

Medo.AI Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2021137755-A1 Apparatus and method for automated analyses of ultrasound images Inactive 30-Dec-2019
WO-2021137756-A1 Apparatus and method for image segmentation using a deep convolutional neural network with a nested u-structure Inactive 30-Dec-2019
WO-2020106216-A1 Method and system for generating a three-dimensional ultrasound image of a tissue volume Inactive 19-Nov-2018 A61B8/483

Medo.AI Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Medo.AI Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Edmonton Unlimited Accelerator/Incubator
Elev8.vc Venture Capital Minority
Entrepreneurs First Venture Capital Minority
Qualgro Venture Capital Minority
SGInnovate Corporate Venture Capital Minority
You’re viewing 5 of 6 investors. Get the full list »

Medo.AI FAQs

  • When was Medo.AI founded?

    Medo.AI was founded in 2017.

  • Where is Medo.AI headquartered?

    Medo.AI is headquartered in Edmonton, Canada.

  • What is the size of Medo.AI?

    Medo.AI has 23 total employees.

  • What industry is Medo.AI in?

    Medo.AI’s primary industry is Diagnostic Equipment.

  • Is Medo.AI a private or public company?

    Medo.AI is a Private company.

  • What is Medo.AI’s current revenue?

    The current revenue for Medo.AI is .

  • How much funding has Medo.AI raised over time?

    Medo.AI has raised $56.2K.

  • Who are Medo.AI’s investors?

    Edmonton Unlimited, Elev8.vc, Entrepreneurs First, Qualgro, and SGInnovate are 5 of 6 investors who have invested in Medo.AI.

  • Who are Medo.AI’s competitors?

    Terason and Novarad are competitors of Medo.AI.

  • When was Medo.AI acquired?

    Medo.AI was acquired on 26-Jul-2022.

  • Who acquired Medo.AI?

    Medo.AI was acquired by Exo (Diagnostic Equipment).

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