Better Medicine - About the company
Better Medicine is a seed company based in Tartu (Estonia), founded in 2020 by Vitalii Lakusta and Dmytro Fishman. It operates as an AI-powered tools for radiologists to diagnose and fight cancer. Better Medicine has raised $1.17M in funding from Soulmates Ventures. The company has 1151 active competitors, including 326 funded and 189 that have exited. Its top competitors include companies like Guardant Health, Natera and PathAI.
Company Details
AI-powered tools for radiologists to diagnose and fight cancer. The company is developing AI and software tools that include automated lesion detection, measurements, and tracking in cancer diagnostics for radiologists, supporting full-body CT scans, covering a broad range of cancers, and structured and standardized reporting.
- Website
- bettermedicine.ai
- Registered Address
- Veerenni tn 51
Key Metrics
Founded Year
2020
Location
Tartu, Estonia
Stage
Seed
Total Funding
$1.17M in 3 rounds
Latest Funding Round
Investors
Ranked
228th among 1151 active competitors
Employee Count
24 as on Sep 30, 2026
Legal entities associated with Better Medicine
Better Medicine is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Better Radiology OÜ CIN: 16324704 , Estonia, Active | Sep 23, 2021 | - | - | |
BETTER MEDICINE OÜ CIN: 16093156 , Estonia, Active | - | 14 (As on Sep 30, 2024) |
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Better Medicine's funding and investors
Better Medicine has raised a total funding of $1.17M over 3 rounds. Its first funding round was on Jul 12, 2023. Its latest funding round was a Seed round on Aug 14, 2025 for $*****. 2 investors participated in its latest round. Better Medicine has 7 institutional investors.
Here is the list of recent funding rounds of Better Medicine:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 14, 2025 | 9858569 | Seed | 1372719 | 3134586 | 1820752 | 9772768 |
2023 | 5113 | Grant (prize money) | 5958 | 2681 | 6935 | |
Jul 12, 2023 | 9275850 | Grant (prize money) | 4172323 | 9527921 | 8291611 |
View details of Better Medicine's funding rounds and investors
Better Medicine's founders and board of directors
Founder? Claim ProfileThe founders of Better Medicine are Vitalii Lakusta and Dmytro Fishman.
Here are the details of Better Medicine's key team members:
- Vitalii Lakusta: Chief Technology Officer, Co-Founder of Better Medicine.
- Dmytro Fishman: Co-Founder of Better Medicine.
View details of Better Medicine's Founder profiles and Board Members
Better Medicine's employee count trend
Better Medicine has 24 employees as of Sep 26. Here is Better Medicine's employee count trend over the years:
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Better Medicine's Competitors and alternates
Top competitors of Better Medicine include Guardant Health, Natera and PathAI. Here is the list of Top 10 competitors of Better Medicine, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Guardant Health 2012, Redwood City (United States), Public | Developer of digital sequencing technology for cancer detection | $557M | 79/100 | |
2nd | Natera 2004, Redwood City (United States), Public | Developer of cell-free DNA testing for oncology, women’s health, and organ health | $152M | 79/100 | |
3rd | PathAI 2016, Boston (United States), Series C | Provider of digital pathology image management system for clinical labs | $255M | 72/100 | |
4th | BillionToOne 2015, San Francisco (United States), Public | Provider of cell-free cancer liquid biopsy test | $389M | 71/100 | |
5th | Geneoscopy 2015, St. Louis (United States), Series C | Developer of non-invasive biomarker tests for colorectal cancer | $219M | 69/100 | |
6th | Intellia Therapeutics 2014, Cambridge (United States), Public | Developer of genome editing therapeutics using CRISPR and Cas9 technology | $85M | 68/100 | |
7th | Caris Life Sciences 1996, Irving (United States), Public | Developer of panomic disease profiling technologies for cancer precision medicine | $1.23B | 67/100 | |
8th | Lunit 2013, Seoul (South Korea), Public | Developer of medical software for cancer screening and oncology diagnostics | $135M | 67/100 | |
9th | Foundation Medicine 2010, Cambridge (United States), Acquired | Provider of genomics-based diagnostics test for cancer | $96.5M | 66/100 | |
10th | Foresight Diagnostics 2020, Aurora (United States), Acquired | Developer of minimally-invasive liquid biopsy test for the detection of cancer | $104M | 66/100 | |
228th | Better Medicine 2020, Tartu (Estonia), Seed | AI-powered tools for radiologists to diagnose and fight cancer | $1.17M | 41/100 |
Looking for more details on Better Medicine's competitors? Click here to see the top ones
Better Medicine's Investments and acquisitions
Better Medicine has made no investments or acquisitions yet.
Reports related to Better Medicine
Here is the latest report on Better Medicine's sector:
News related to Better Medicine
•
Better Medicine secures $7M for AI Radiology Tools CommercializationHIT Consultant•Aug 14, 2025•Better Medicine, Soulmates Ventures, European Innovation Council
•
Estonian AI startup Better Medicine raises €6M for AI cancer detectionTechStartups.com•Aug 14, 2025•Better Medicine, Soulmates Ventures, Specialist
•
Estonia-Based Better Medicine Secures €1M In Pre-Seed FundingStartup Rise EU•Aug 14, 2025•Better Medicine, Soulmates Ventures, Specialist
•
Estonian space tech KappaZeta receives €480k of additional fundingAIN.Capital•Sep 09, 2023•KappaZeta, Ambient Sound Investments, EST Kinnisvara, Ccdcoe and 4 others
•
Estonian Better Medicine receives €2.5M grant from the EIC AcceleratorAIN.Capital•Jul 12, 2023•EstVCA, Better Medicine, European Innovation Council
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