When was Spectral founded?

Spectral was founded in 2009 and raised its 1st funding round within a year of its incorporation.

Where is Spectral located?

Spectral is headquartered in Dallas, United States.

How many employees does Spectral have?

As of Jan 31, 2026, the latest employee count at Spectral is 78.

Is Spectral a funded company?

Spectral is a funded company, having raised an undisclosed amount across 8 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Nov 12, 2009.

When was the latest funding round of Spectral?

Spectral's latest funding was a $***** Grant (prize money) round on Mar 18, 2026, with participation from 1 investor.

Where does Spectral rank among its competitors?

Spectral ranks 1st amongst 9 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Spectral, which secured $31.7M in Mar, 2026.

Who are the top competitors of Spectral?

Spectral's top competitors include Adiuvo Diagnostics, Epocare and Are-Europe. Among them, Spectral secured the most recent funding round in March, 2026.

Spectral - 2026 Company Profile, Team, Funding & Competitors

Spectral is a public company based in Dallas (United States), founded in 2009 by Wensheng Fan. It operates as an AI-powered tool for medical diagnostics and wound healing predictions. Spectral has raised an undisclosed amount in funding. The company has 9 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Adiuvo Diagnostics, Epocare and Are-Europe.

Company Details

AI-powered tool for medical diagnostics and wound healing predictions. The company offers DeepView a wound imaging system that provides wound healing prediction to clinicians with information using multispectral imaging and Artificial Intelligence.

Website: spectral-ai.com
Social
Email ID: *****@spectral-ai.com
Phone Number: +1 **********

Key Metrics

Founded Year

2009

Location

Dallas, United States

Stage

Public

Latest Funding Round

Grant (prize money), Mar 18, 2026, $*****

Investors

Medical Countermeasures & 3 more

Ranked

1^st among 9 active competitors

Employee Count

78 as on Jan 31, 2026

Similar Companies

Adiuvo Diagnostics & 7 more

Exit Details

Public

View Spectral's full profile

Spectral got listed on Feb 15, 2023.

Click here to take a look at Spectral's IPO in detail

Spectral has raised funding over 8 rounds. Its first funding round was on Nov 12, 2009. Its latest funding round was a Grant (prize money) round on Mar 18, 2026 for $*****. 1 investor participated in its latest round. Spectral has 4 institutional investors.

Here is the list of recent funding rounds of Spectral:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 18, 2026	8242485	Grant (prize money)	3484259	2960022	4685784	4418443
Nov 19, 2024	7285305	Post IPO	6792382	7628112	3229784	9116341
Sep 05, 2024	7863021	Grant (prize money)	3977056	8863147	3007576	MTEC

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View details of Spectral's funding rounds and investors

The founders of Spectral is Wensheng Fan.

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

Wensheng Fan: Former Co-Founder & CEO of Spectral.

View details of Spectral's Founder profiles and Board Members

Spectral's employee count trend

Spectral has 78 employees as of Jan 26. Here is Spectral's employee count trend over the years:

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Top competitors of Spectral include Adiuvo Diagnostics, Epocare and Are-Europe. Here is the list of Top 10 competitors of Spectral, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Spectral 2009, Dallas (United States), Public	AI-powered tool for medical diagnostics and wound healing predictions	-	Medical Countermeasures, MTEC & 2 others	58/100
2nd	Adiuvo Diagnostics 2015, Nellore (India), Seed	Provider of digital products to detect skin diseases and infections	$2M	Menterra Venture Advisors, Villgro & 8 others	43/100
3rd	Epocare 2016, Mumbai (India), Seed	Provider of a portable handheld imaging device to monitor chronic wounds	$15.4K	SINE, Plugin Alliance & 2 others	30/100
4th	Are-Europe Brussels (Belgium), Unfunded	Developer of web server and website management software and tools	-	-	24/100
5th	Omnidermal 2017, Parma (Italy), Funding Raised	Developer of an AI enabled wound monitoring device	-	I3P	22/100
6th	OxiLight 2015, Toronto (Canada), Seed	Wound imaging solutions for diabetic foot ulcers and peripheral vascular disease	-	Ontario Centre of Innovation, Startupbootcamp	22/100
7th	Auxillium Health 2022, West Allis (United States), Unfunded	AI-powered solutions to healthcare professionals for wound assessment	-	-	19/100
8th	Woundaid 2019, Singapore (Singapore), Unfunded	Provider of an AI-powered wound analysis device for medical applications	-	-	16/100
9th	MaxiTracin 2011, Funding Raised	Developer of AI based wound management system for LTHC facilities	-	NYVC	15/100