Tumor-Spotting Startup Enlitic Raises $10 Million in Funding

  • Capitol Health, Australian radiology provider, led the round
  • Startup aims at $10 billion market for image interpretation
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Enlitic, a startup that uses algorithms to analyze radiology scans, raised $10 million in its second round of funding as it starts marketing its technology in Australia and Asia.

Capitol Health Ltd., the fastest-growing radiology service provider in Australia, led the fundraising, Enlitic Chief Executive Officer Jeremy Howard said in an interview. Capitol Health will also work with Enlitic to roll out its image-reading technology across all its locations in Australia and some soon-to-be determined markets in Asia.