Oxipit - About the company
Oxipit is an acquired company based in Vilnius (Lithuania), founded in 2017 by Darius Barusauskas, Naglis Ramanauskas, Gediminas Peksys and Darius Barušauskas. It operates as a Developer of medical imaging software for automated radiology diagnostic support. Oxipit has raised $6.69M in funding from investors like Practica Capital, CoInvest Capital and Taiwania Capital. The company has 836 active competitors, including 167 funded and 47 that have exited. Its top competitors include companies like AIdoc, Subtle Medical and ScreenPoint.
Company Details
Developer of medical imaging software for automated radiology diagnostic support. This technology analyzes medical images to identify abnormalities and generate reports for clinical review. The software integrates into existing diagnostic workflows to assist with the assessment of chest X-rays, computed tomography scans, and musculoskeletal imaging studies. These tools provide automated analysis to facilitate the identification of findings within diagnostic imaging procedures.
- Website
- oxipit.ai
- Email ID
- *****@oxipit.ai
- Registered Address
- 21750 HARDY OAK BLVD STE 104,SAN ANTONIO,TX,78258,15
Key Metrics
Founded Year
2017
Location
Vilnius, Lithuania
Stage
Acquired
Total Funding
$6.69M in 4 rounds
Latest Funding Round
Investors
Ranked
2nd among 836 active competitors
Employee Count
20 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Sectra (Mar 05, 2026)
Legal entities associated with Oxipit
Oxipit is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FORMSPREE, INC. CIN: 32055055415 , United States, Active | Oct 11, 2018 | - | - | - |
Oxipit's acquisition details
Oxipit got acquired by Sectra on Mar 05, 2026.
Click here to take a look at Oxipit's acquisition in detail
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Oxipit's funding and investors
Oxipit has raised a total funding of $6.69M over 4 rounds. Its first funding round was on Jun 25, 2018. Its latest funding round was a Series A round on Jan 20, 2023 for $*****. 3 investors participated in its latest round. Oxipit has 6 institutional investors.
Here is the list of recent funding rounds of Oxipit:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 20, 2023 | 3784219 | Series A | 9319893 | 5281684 | 7668923 | 5453945 |
Jul 16, 2019 | 6498354 | Seed | 9472076 | 9995025 | 8644389 | 5195340 |
Nov 16, 2018 | 2362650 | Grant (prize money) | 6318087 | 1383443 | 9207039 |
View details of Oxipit's funding rounds and investors
Oxipit's founders and board of directors
Founder? Claim ProfileThe founders of Oxipit are Darius Barusauskas, Naglis Ramanauskas, Gediminas Peksys and Darius Barušauskas. Gediminas Peksys is the CEO of Oxipit.
Here are the details of Oxipit's key team members:
- Darius Barusauskas: Co-Founder of Oxipit. Contact Info: 1 email address
- Naglis Ramanauskas: Co-Founder & CMO of Oxipit. Contact Info: 1 email address
- Gediminas Peksys: Co-Founder & CEO of Oxipit. Contact Info: 1 email address
- Darius Barušauskas: Co-Founder & Data Scientist of Oxipit.
View details of Oxipit's Founder profiles and Board Members
Oxipit's employee count trend
Oxipit has 20 employees as of Jun 26. Here is Oxipit's employee count trend over the years:
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Oxipit's Competitors and alternates
Top competitors of Oxipit include AIdoc, Subtle Medical and ScreenPoint. Here is the list of Top 10 competitors of Oxipit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AIdoc 2016, New York City (United States), Series E | Developer of clinical AI solutions for healthcare imaging and patient management | $534M | 69/100 | |
2nd | Developer of medical imaging software for automated radiology diagnostic support | $6.69M | 66/100 | ||
3rd | Subtle Medical 2017, Palo Alto (United States), Series C | AI-driven solutions for medical diagnostic imaging | $86M | 65/100 | |
4th | ScreenPoint 2014, Nijmegen (Netherlands), Series C | Developer of artificial intelligence software for analyzing breast imaging mammograms | $47M | 64/100 | |
5th | Cleerly 2016, Denver (United States), Series C | Provider of an AI-driven platform for coronary artery disease assessment | $578M | 63/100 | |
6th | Vista 2012, Palo Alto (United States), Series B | AI-guided software for clinicians to automate MRI exams | $38.2M | 62/100 | |
7th | AI-powered radiology and deployment platform | $16M | 62/100 | ||
8th | IXICO 2004, London (United Kingdom), Public | AI-based medical image management and analysis solutions for healthcare organizations | - | 62/100 | |
9th | Provider of AI-based breast cancer screening software for clinics | $20.3M | 61/100 | ||
10th | AI-powered tool for the detection of heart risk | $19.1M | 61/100 |
Looking for more details on Oxipit's competitors? Click here to see the top ones
Oxipit's Investments and acquisitions
Oxipit has made no investments or acquisitions yet.
Reports related to Oxipit
Here is the latest report on Oxipit's sector:
News related to Oxipit
Media has covered Oxipit for a total of 5 events in the last 1 year.
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Blackford Partners With Oxipit to Expand Chest X-Ray AI Solution OfferingGlobeNewswire•Nov 22, 2023•Blackford Analysis, Oxipit
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Climate Tech Specialist HeavyFinance Closes 3 Million Euro Seed Funding RoundFintech Finance•Mar 23, 2023•HeavyFinance, Practica Capital, Change Ventures, Oxipit and 3 others
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Oxipit Partners with CARPL to Increase Global Reach of AI Diagnostic ProductsImaging Technology News•Mar 04, 2023•Oxipit, Carpl
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A brain implant no thicker than a human hair: Neuralink’s competitor raises $41M fundingTech Funding News•Jan 26, 2023•B Capital, Steadview, re.Mind Capital, Alumni Ventures and 10 others
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Lithuanian medtech Oxipit closes a $4.9M funding roundAIN.Capital•Jan 20, 2023•Oxipit, Taiwania Capital, Practica Capital, CoInvest Capital
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Oxipit Introduces Quality Assurance for MSK, MG, and CT ModalitiesImaging Technology News•Nov 26, 2022•Oxipit
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Oxipit and AstraZeneca Join Forces to Aid Early Lung Cancer DetectionImaging Technology News•Apr 26, 2022•Oxipit, AstraZeneca
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Oxipit Partners with HealthCare Konnect to Bring AI Diagnostics to AfricaImaging Technology News•Jan 22, 2020•Oxipit, Digitalhealthconnect
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