When was RADIFY founded?

RADIFY was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Where is RADIFY located?

RADIFY is headquartered in Johannesburg, South Africa.

Is RADIFY a funded company?

RADIFY is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Feb 24, 2023.

When was the latest funding round of RADIFY?

RADIFY's latest funding was a $***** Seed round on Feb 24, 2023, with participation from 2 investors.

Where does RADIFY rank among its competitors?

RADIFY ranks 5th amongst 13 active competitors, of which 2 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Thirona, which secured $5.37M in Sep, 2023.

Who are the top competitors of RADIFY?

RADIFY's top competitors include Oxipit, Lunit and Xray Setu. Among them, Thirona secured the most recent funding round in September, 2023.

RADIFY - 2026 Company Profile, Team, Funding & Competitors

RADIFY is a seed company based in Johannesburg (South Africa), founded in 2020 by Terence Naidu, Jaishree Naidoo and Andrei Migatchev. It operates as an AI-based image diagnosis and analyzing software for healthcare professionals. RADIFY has raised $1.65M in funding. The company has 13 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like Oxipit, Lunit and Xray Setu.

Company Details

AI-based image diagnosis and analyzing software for healthcare professionals. The platform has solutions for radiologists and professionals to diagnose medical images for COVID-19 symptoms. The tool has the ability to detect abnormalities on chest X-rays to identify or predict a particular disease like pneumonia. The AI technology used in the software assists in the analysis and diagnosis of the image and highlights the abnormal patches on the images.

Website: radify.ai
Phone Number: +27 **********
Part Of

Key Metrics

Founded Year

2020

Location

Johannesburg, South Africa

Stage

Seed

Total Funding

$1.65M in 1 round

Latest Funding Round

Seed, Feb 24, 2023, $*****

Investors

Global Innovation Initiative Group & 1 more

Ranked

5^th among 13 active competitors

Similar Companies

Innovaccer & 2324 more

View RADIFY's full profile

RADIFY has raised a total funding of $1.65M over 1 round. Its latest funding round was a Seed round on Feb 24, 2023 for $*****. 2 investors participated in its latest round. RADIFY has 2 institutional investors.

Here is the list of recent funding rounds of RADIFY:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 24, 2023	6077574	Seed	3308084	1437511	8150561	4914759

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View details of RADIFY's funding rounds and investors

The founders of RADIFY are Terence Naidu, Jaishree Naidoo and Andrei Migatchev.

Here are the details of RADIFY's key team members:

Terence Naidu: Co-Founder of RADIFY and founder of 5 other companies, including RADIFY, Envisionit and Envisionit Deep AI.
Contact Info: 1 email address
Jaishree Naidoo: Co-Founder & CEO of RADIFY and founder of 2 other companies, RADIFY and Envisionit Deep AI.
Andrei Migatchev: Co-Founder & CTO of RADIFY and founder of 2 other companies, RADIFY and Envisionit Deep AI.
Contact Info: 2 email addresses

View details of RADIFY's Founder profiles and Board Members

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Top competitors of RADIFY include Oxipit, Lunit and Xray Setu. Here is the list of Top 10 competitors of RADIFY, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oxipit 2017, Vilnius (Lithuania), Acquired	Artificial intelligence based medical image analysis	$6.69M	Practica Capital, CoInvest Capital & 4 others	68/100
2nd	Lunit 2013, Seoul (South Korea), Public	Developer of artificial intelligence solutions for cancer detection and treatment	$135M	InterVest, Shinhan Investment Corp & 24 others	62/100
3rd	Xray Setu 2021, Bengaluru (India), Unfunded	AI-based chest X-Rays analysis tool for COVID intervention	-	-	50/100
4th	Thirona 2014, Nijmegen (Netherlands), Acquired	Provider of AI-based medical image analysis software	$5.37M	HERAN Partners, Borski Fund & 1 others	43/100
5th	RADIFY 2020, Johannesburg (South Africa), Seed	AI-based image diagnosis and analyzing software for healthcare professionals	$1.65M	Global Innovation Initiative Group, New GX Capital	34/100
6th	Accrad 2020, Cape Town (South Africa), Unfunded	Provider of AI-based software for X-ray image analysis	-	-	28/100
7th	IMIDEX 2009, Denver (United States), Seed	Developer of computer vision and artificial intelligence solutions for medical imaging	$1.27M	-	27/100
8th	OptiMediX 2024, Accra (Ghana), Unfunded	AI based platform offering healthcare management solutions	-	-	24/100
9th	ExamVue 2018, Plainview (United States), Unfunded	Manufacturer of digital x-ray imaging solutions for medical practices. This includes image acquisition software, cloud and local PACS options, and a line of detectors in various sizes. The software is designed for ease of use and high-quality image processing, integrating with DICOM PACS and modality worklists. Solutions are offered for various practice types, providing a reliable digital x-ray solution for diverse medical facilities seeking technology upgrades.	-	-	24/100
10th	Antilab 2024, Amman (Jordan), Unfunded	AI-powered platform for analysing X-ray images	-	-	24/100