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Avandra - About the company

Avandra is a series B company based in Newport Beach (United States), founded in 2023. It operates as a Technology company that provides a federated network for medical imaging and clinical data to accelerate clinical trials and development with comprehensive data analysis and insights. Avandra has raised $17.8M in funding from SpringRock Ventures and Aegis Ventures. The company has 395 active competitors, including 35 funded and 60 that have exited. Its top competitors include companies like LabCorp, Charles River Laboratories and Precision for Medicine.

Company Details

Avandra is a healthcare data solutions company that provides a comprehensive network for medical imaging and clinical data to accelerate clinical trials and development. The company's platform enables researchers and AI developers to access anonymized imaging data, aiming to revolutionize the use of real-world medical data for research and innovation. By leveraging federated imaging networks, Avandra aims to dismantle obstacles in medical research and development, empowering data-driven decision-making.
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Email ID
*****@avandraimaging.com, *****@avandraimaging.com, *****@avandraimaging.com
Key Metrics
Founded Year
2023
Location
Newport Beach, United States
Stage
Series B
Total Funding
$17.8M in 1 round
Latest Funding Round
Ranked
Employee Count
24 as on Jul 31, 2026
Investment & Acquisitions
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Avandra's funding and investors

Avandra has raised a total funding of $17.8M over 1 round. Its latest funding round was a Series B round on Feb 19, 2025 for $*****. 6 investors participated in its latest round. Avandra has 6 institutional investors.

Here is the list of recent funding rounds of Avandra:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 19, 2025
7283519
Series B
6260165
5221231
2584806
9781270
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Avandra's founders and board of directors

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Avandra's employee count trend

Avandra has 24 employees as of Jul 26. Here is Avandra's employee count trend over the years:
Employee count trend for Avandra
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Avandra's Competitors and alternates

Top competitors of Avandra include LabCorp, Charles River Laboratories and Precision for Medicine. Here is the list of Top 10 competitors of Avandra, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for LabCorp
LabCorp
1969, Burlington (United States), Public
Provider of laboratory tests for physicians
-
79/100
2nd
Logo for Charles River Laboratories
Charles River Laboratories
1947, Wilmington (United States), Public
Provider of drug discovery and preclinical development services
-
66/100
3rd
Provider of clinical research services, laboratory services, and data intelligence
$150M
63/100
4th
Logo for Veeda Lifesciences
Veeda Lifesciences
2004, Ahmedabad (India), Series B
Provider of clinical research services for drug development and testing
$83.3M
61/100
5th
Logo for Taimei Technology
Taimei Technology
2013, Pleasanton (United States), Public
A digital intelligence platform focused on the life sciences sector
$194M
60/100
6th
Global pharmaceutical development organization providing comprehensive drug discovery and development services
$10.2M
57/100
7th
Logo for Medimaps Group
Medimaps Group
2006, Geneva (Switzerland), Series B
Developer of AI-powered bone health assessment software
$20M
54/100
8th
Logo for Cytel
Cytel
1987, Cambridge (United States), Acquired
Provider of data analysis and statistical solutions for the life sciences industry
$2M
53/100
9th
Logo for Crystal Pharmatech
Crystal Pharmatech
2010, Suzhou (China), Series B
Provider of solid state research services for small molecules
$24.5M
52/100
10th
Logo for InduPro
InduPro
2022, Seattle (United States), Series B
Provides science to manipulate protein interactions and explore new possibilities for treating patients
$162M
52/100
13th
Logo for Avandra
Avandra
2023, Newport Beach (United States), Series B
Technology company that provides a federated network for medical imaging and clinical data to accelerate clinical trials and development with comprehensive data analysis and insights
$17.8M
46/100
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Avandra's Investments and acquisitions

Avandra has acquired 2 companies including DatCard and Sorna. Avandra has not made any investments as of now.

Reports related to Avandra

Here is the latest report on Avandra's sector:

News related to Avandra

Media has covered Avandra for 1 event in last 1 year.
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