When was Hexarad founded?

Hexarad was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Where is Hexarad located?

Hexarad is headquartered in Harrow, United Kingdom. It is registered at 57 QUEENSMILL ROAD,LONDON,ENGLAND,SW6 6JP.

Which legal entities is Hexarad associated with?

Hexarad is associated with HEXARAD GROUP LIMITED and 1 other.

How many employees does Hexarad have?

As of Sep 30, 2026, the latest employee count at Hexarad is 124.

Is Hexarad a funded company?

Hexarad is a funded company, having raised a total of $20.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Apr 23, 2021.

How much is Hexarad worth?

The latest valuation of Hexarad is £***** as of Oct 17, 2025.

When was the latest funding round of Hexarad?

Hexarad's latest funding was a $***** Series B round on Oct 17, 2025, with participation from 0 investor.

What is the annual revenue of Hexarad?

Annual revenue of Hexarad is between £10M and £50M as on Jun 30, 2025

Where does Hexarad rank among its competitors?

Hexarad ranks 6th amongst 159 active competitors, of which 12 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Rology, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of Hexarad?

Hexarad's top competitors include Intelerad, Sirona Medical and RamSoft. Among them, Rology secured the most recent funding round in December, 2025.

Hexarad - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of teleradiology reporting services and radiology operational intelligence software. This business delivers diagnostic image analysis through a network of radiologists and provides digital tools for monitoring departmental capacity and performance. The platform facilitates the allocation of medical scans to clinicians and offers oversight of diagnostic workflows to manage demand and reporting output.

Website: www.hexarad.com/
Social
Email ID: *****@hexarad.com
Phone Number: +44 **********
Registered Address: 57 QUEENSMILL ROAD,LONDON,ENGLAND,SW6 6JP

Key Metrics

Founded Year

2016

Location

Harrow, United Kingdom

Stage

Series B

Total Funding

$20.2M in 4 rounds

Latest Funding Round

Series B, Oct 17, 2025, $*****

Post Money Valuation

£***** as on Oct 17, 2025

Investors

MTIP & 5 more

Ranked

6^th among 159 active competitors

Annual Revenue

£10M - £50M as on Jun 30, 2025

Employee Count

124 as on Sep 30, 2026

Similar Companies

Intelerad & 162 more

View Hexarad's full profile

Hexarad is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RADIOLOGY FC LLP CIN: OC404170 , United Kingdom, Active	Feb 03, 2016	£1M - £10M (As on Apr 05, 2024)	-
HEXARAD GROUP LIMITED CIN: 10249971 , United Kingdom, Active	Jun 23, 2016	£10M - £50M (As on Jun 30, 2025)	55 (As on Jun 30, 2024)

Hexarad has raised a total funding of $20.2M over 4 rounds. Its first funding round was on Apr 23, 2021. Hexarad has 4 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Hexarad:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 17, 2025	9077465	Series B	9453660	2161957	4084235	9208170
Jun 20, 2024	8781925	Series B	3860604	1259135	9969718	Foresight Group
Aug 19, 2022	3007513	Series A	1872627	3682587	Foresight Group	Sachin Agrawal & 1 more

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View details of Hexarad's funding rounds and investors

Hexarad's Board of Directors

Hexarad's board has 9 active members. Jaymin Patel and Amy Davis are part of team and Andrea Fiumicelli, Matthew Peter Mcloughlin, Dr Sam Dumonteil, Dr Farzana Mehzabin Rahman, Charles Jacobus Gysbertus Niehaus, Melissa West and Katrin Vatiska are independent board members.

Here is the list of Hexarad's board of directors:

Name	Type	Representing	Status	Duration
Jaymin Patel	Team	-	Current	10y 2m
Amy Davis	Team	-	Current	10y 2m
Andrea Fiumicelli	Independent board member	-	Current	1y 5m
rjfzmtb	Independent board member	-	Current	4y 4m
{egtxku	Independent board member	-	Current	4y 6m
jogpwnq	Independent board member	-	Current	6y 7m
qnczppa	Independent board member	-	Current	9y 9m
xywezgy	Independent board member	-	Current	1y 4m
acyoxeh	Independent board member	-	Current	5y 1m

Hexarad's employee count trend

Hexarad has 124 employees as of Sep 26. Here is Hexarad's employee count trend over the years:

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Top competitors of Hexarad include Intelerad, Sirona Medical and RamSoft. Here is the list of Top 10 competitors of Hexarad, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Intelerad 1999, Montreal (Canada), Acquired	Provider of medical imaging solutions for radiologists	-	TA Associates, Ardan Equity Partners & 2 others	65/100
2nd	Sirona Medical 2018, San Francisco (United States), Series C	AI-powered cloud-native radiology workflow management software	$99.7M	Avidity Partners, GreatPoint Ventures & 6 others	61/100
3rd	RamSoft 1994, Toronto (Canada), Funding Raised	An IT software company, developing medical imaging, radiology workflow, teleradiology, and billing solutions	-	Level Equity, RF Investment Partners	59/100
4th	Intrasense 2004, Montpellier (France), Public	Designs, develops a software suite for the advanced visualization and post-processing of multimodal medical images	$5.6M	Societe Generale, A Plus Finance & 1 others	54/100
5th	Rology 2017, Cairo (Egypt), Seed	Provider of an AI-based online teleradiology platform for radiologists	$860K	Philips, Egypt Ventures & 14 others	52/100
6th	Hexarad 2016, Harrow (United Kingdom), Series B	Provider of teleradiology reporting services and radiology operational intelligence software	$20.2M	MTIP, Foresight Group & 4 others	50/100
7th	Novarad 1990, American Fork (United States), Unfunded	Developer of radiology software and streamlined workflow solutions for radiologists	-	-	46/100
8th	INFINITT 1997, Phillipsburg (United States), Unfunded	Provider of an enterprise imaging solutions for the healthcare industry	-	-	45/100
9th	Illuminate 1995, Overland Park (United States), Early Stage	AI-powered patient management platform for clinics	$20K	-	44/100
10th	AbbaDox 2005, Fort Lauderdale (United States), Unfunded	Provider of cloud-based radiology information system	-	-	43/100