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.
- Website
- avandraimaging.com
- 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
Investors
Ranked
13th among 395 active competitors
Employee Count
24 as on Jul 31, 2026
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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 |
View details of Avandra's funding rounds and investors
Avandra's founders and board of directors
Founder? Claim ProfileAvandra's employee count trend
Avandra has 24 employees as of Jul 26. Here is Avandra's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | LabCorp 1969, Burlington (United States), Public | Provider of laboratory tests for physicians | - | 79/100 | |
2nd | Charles River Laboratories 1947, Wilmington (United States), Public | Provider of drug discovery and preclinical development services | - | 66/100 | |
3rd | Precision for Medicine 2013, United States, Late Stage | Provider of clinical research services, laboratory services, and data intelligence | $150M | 63/100 | |
4th | Veeda Lifesciences 2004, Ahmedabad (India), Series B | Provider of clinical research services for drug development and testing | $83.3M | 61/100 | |
5th | Taimei Technology 2013, Pleasanton (United States), Public | A digital intelligence platform focused on the life sciences sector | $194M | 60/100 | |
6th | Frontage Laboratories 2001, Exton (United States), Public | Global pharmaceutical development organization providing comprehensive drug discovery and development services | $10.2M | 57/100 | |
7th | Medimaps Group 2006, Geneva (Switzerland), Series B | Developer of AI-powered bone health assessment software | $20M | 54/100 | |
8th | Cytel 1987, Cambridge (United States), Acquired | Provider of data analysis and statistical solutions for the life sciences industry | $2M | 53/100 | |
9th | Crystal Pharmatech 2010, Suzhou (China), Series B | Provider of solid state research services for small molecules | $24.5M | 52/100 | |
10th | InduPro 2022, Seattle (United States), Series B | Provides science to manipulate protein interactions and explore new possibilities for treating patients | $162M | 52/100 | |
13th | 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.
•
Avandra Acquires DatCard Systems and Sorna Corp to Expand Medical Imaging PlatformPR Newswire•Nov 30, 2025•Sorna, DatCard, Avandra, Avandra
•
Avandra raises $17.75 million to expand medical imaging data networkDOTmed•Mar 03, 2025•Avandra, Aegis Ventures, SpringRock Ventures, Memorial Hermann and 4 others
•
Avandra Launches with $17.75M in Funding to Advance the Use of Real-World Medical Dataintelligence360•Feb 27, 2025•Avandra
•
Avandra Launches with $17.75M to Create Largest Federated Network for De-Identified Medical Image DataHIT Consultant•Feb 17, 2025•Avandra, Aegis Ventures, SpringRock Ventures, Memorial Hermann and 4 others
•
Introducing Avandra: The World’s Largest Federated Network for Medical Imaging and Clinical DataBusiness Wire•Oct 22, 2024•Avandra
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