Key Highlights
- New Lantern raises $19M Series A funding, led by Benchmark, totaling $23M raised to date.
- Platform automates 25% of radiology workflows, with a vision to automate up to 90% over time.
- Radiologists reclaim hours by focusing on critical tasks, improving patient care speed and increasing earnings.
- First cloud-native AI radiology suite, acting as an AI radiology resident.
- Funding supports R&D expansion and hiring across engineering and sales teams.
Source: Business Wire
Notable Quotes
- “With the advancements in AI, we can give radiologists back hours in their day to focus on the most critical parts of the job.” — Shiva Suri, Founder and CEO at New Lantern
- “Shiva was the first entrepreneur I met who figured out that AI should replace the drudgery of the job, so radiologists can focus on what they’re great at – reading scans.” — Eric Vishria, General Partner at Benchmark
SoHC's Take
New Lantern is poised to revolutionize the radiology field with its AI-driven platform, which aligns perfectly with the evolving needs of healthcare efficiency and innovation. By addressing the operational pain points radiologists face daily, the company is carving a unique niche as an enabler of both improved patient outcomes and practitioner satisfaction. Its cloud-native approach and ambitious automation goals make it a standout player in the AI health tech sector. With support from top-tier investors like Benchmark, the company’s growth trajectory appears robust.
