MTIP led the Series B round for the radiology technology company, with participation from existing shareholder Foresight Group.
Hexarad
Hexarad develops software and teleradiology platforms to improve radiology department efficiency.
Hexarad provides proprietary software and teleradiology services designed to boost diagnostic capacity for healthcare providers. The firm develops end to end workflow tools that help reduce patient waiting times.
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Founders
Farzana Rahman
Co-Founder and CEO
Farzana brings clinical and medical technology experience from roles including consultant radiologist at University College London Hospitals NHS Foundation Trust and chief executive officer of Hexarad. She previously directed data and digital strategy at the Academy of Medical Royal Colleges and advised NHS Digital.
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Sam Dumonteil
Co-Founder
Sam brings financial and medical experience as co-founder and chief financial officer at Hexarad, having previously worked as a consultant radiologist and oil trader.
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Jaymin Patel
Co-Founder
Jaymin brings clinical and operating experience from his background as a consultant radiologist and co-founder of Hexarad. He previously served as an editor at The Royal College of Radiologists and co-founded Radiology Interviews.
Amy Davis
Co-Founder
Amy brings clinical and publishing experience, having worked as a radiologist across multiple NHS trusts and as an associate editor at the BMJ. She is a co-founder of Hexarad and a fellow of the NHS Clinical Entrepreneur Programme.
Investors
- £11.0MMTIPLead
FForesightFollow-on - £2.2M
Funding history
Foresight Group led the investment round with participation from angel backers to support the expansion of the company radiology technology.