New Lantern Secures $19M Series A to Advance AI-Powered Radiology Suite
New Lantern positions itself as the AI copilot for radiologists.
Company Name: New Lantern
Location: San Francisco, CA
Sector: AI-Powered Radiology
Funding Details:
New Lantern, a cloud-native AI radiology suite company, raised $19M in Series A funding, bringing total funding to over $23M. The round was led by Benchmark, with General Partner Eric Vishria joining the New Lantern board. Additional participants included Afore Capital, Anthology Fund, Neo, SV Angel, and prominent angel investors such as Guillermo Rauch, Amjad Masad, Saji Wickramasekara, Jay Kreps, and Gokul Rajaram.
Purpose of Funding:
The company will utilize the funds to:
- Expand operations.
- Advance its development of AI-driven radiology tools.
Leadership:
- Founder and CEO: Shiva Suri
About New Lantern:
New Lantern positions itself as the AI copilot for radiologists. The company has developed a comprehensive AI radiology suite designed to automate critical imaging and reporting workflows, enhancing radiologists’ efficiency.
Key features of the platform include:
- Automating 25% of current radiology workflows.
- A roadmap to automate up to 90% of workflows, effectively serving as an AI radiology resident to support healthcare professionals.
New Lantern’s innovations aim to transform the field of radiology, improving accuracy, reducing workload, and increasing throughput in clinical imaging.
