Flywheel Exchange
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 3.2m | 4.5m | 16.6m | 28.8m | 40.0m |
% growth | - | 41 % | 269 % | 73 % | 39 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $6.0m | Series A | |
N/A | $2.4m | Series A | |
N/A | N/A | Series A | |
$15.0m | Series B | ||
$22.0m | Series C | ||
* | $5.5m Valuation: $110m | Series C | |
* | $830k | Grant | |
* | $54.0m | Series D | |
Total Funding | €96.1m |
Recent News about Flywheel Exchange
EditFlywheel.io is a startup that operates in the healthcare and life sciences sector, providing a platform for artificial intelligence (AI) in medical imaging. The company's primary clients are scientists and researchers who require a streamlined process for data discovery, aggregation, and curation. Flywheel.io's platform automates research workflows, allowing users to focus more on making discoveries and less on time-consuming data management tasks.
The company's business model revolves around providing a cloud-based medical image analysis software that can scale on demand. This software is particularly beneficial for medical AI companies aiming to meet research and development objectives and expedite regulatory submissions. Flywheel.io's platform assists in developing analysis-ready training datasets and building new medical imaging algorithms.
In terms of revenue generation, Flywheel.io likely operates on a subscription-based model, where clients pay a recurring fee for access to the platform and its features. This includes secure data access, processing, analysis, and collaboration tools.
Flywheel.io is more than just a data repository. It is a comprehensive medical image management system and research workflow solution that can handle large amounts of data, either within an organization or with collaborators worldwide.
In summary, Flywheel.io is a game-changer in the healthcare and life sciences sector, providing a platform that automates and streamlines data management tasks, allowing scientists and researchers to focus on making discoveries.
Keywords: Healthcare, Life Sciences, Artificial Intelligence, Medical Imaging, Data Management, Research Workflow, Cloud-Based Software, Subscription Model, Collaboration Tools, Data Repository.