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RapidAI Announces $75 Million Growth Investment
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MUSC Revolutionizing Stroke and Aneurysm Care with RapidAI
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The Next Evolution in Clinical Decision Making and Patient Workflow

More than ten million scans from thousands of healthcare professionals around the world have been analyzed. And that’s just the beginning of how we are continuing to redefine neurovascular and vascular patient care.

RAPID TIMES EVERY BRAIN

The Story of RapidAI

For 20+ years, most believed we had only a few hours after a stroke to provide treatment—but we were never satisfied with that thinking. We theorized that stroke evolution was highly variable, the conventional short treatment windows could be upended, and far more people with cerebrovascular disorders could be saved. We recognized that technology was the limiting factor even after an early NIH-funded, multicenter trial showed important advancements. We developed RAPID® (Rapid Processing of Perfusion and Diffusion) to address this need. Fast forward to today...

As the leader in brain imaging analysis, we are delivering proven software tools healthcare professionals around the world use to successfully identify and diagnose more cerebrovascular disorders than ever before possible. We take great pride in the role we continue to play in advancing stroke care and helping healthcare professionals save more lives.

Meet our team of innovators.

An experienced group of neurologists, radiologists, technologists and serial entrepreneurs.
Greg&DonV3
Leadership Team

Rapid for Stroke:
The Only Validated and Clinically Proven Solution

RapidAI Validation
Timeline of Events

RapidAI Evolution Through The Years

2009

Dr. Greg Albers and Dr. Roland Bammer develop Rapid technology, the first fully automated image processing platform, at Stanford University with software engineer Matus Straka and funding from Sequoia Capital founder Don Valentine.
2009

Rapid MRI software installed in eight US and one European center for the NIH-sponsored DEFUSE 2 study.
2012

Dr. Albers and Dr. Bammer co-found the company iSchemaView (now named RapidAI®) and purchase the rights to Rapid technology from Stanford University.
2012

The DEFUSE 2 study shows that by using Rapid MRI, physicians can identify stroke patients who respond favorably to endovascular clot removal up to 12 hours after stroke onset. Since then, RapidAI technology has been validated in more than a dozen multicenter clinical trials. (The recommended treatment window has since been extended to 24 hours.)
2012

Rapid CTP developed and installed in more than 70 North American and European sites for the SWIFT PRIME, EXTEND, and EXTEND-IA trials.
2013

Rapid CTP and Rapid MRI receive FDA clearance, allowing the platform to be used in hospitals throughout the U.S.
2014

SWIFT PRIME and EXTEND-IA trials document the highest favorable outcome rates ever obtained in a stroke trial and validate the use of Rapid CTP to select patients for thrombectomy within 6 hours of symptom onset.
2015

American Heart Association guidelines endorse thrombectomy as a new standard of care for stroke patients who can be treated up to 6 hours after onset. Rapid platform installed in more than 100 stroke centers.
2016

Rapid platform selected as the exclusive imaging selection method for the late-window trials, DAWN and DEFUSE 3.
2017

The Rapid platform achieves CE Mark certification, paving the way for use in the European Union.
2018

Based on the DAWN and DEFUSE 3 clinical trials that used Rapid imaging to select stroke patients for late-window treatment, the American Heart and American Stroke associations revise guidelines, extending the treatment window for acute stroke patients from 6 to 24 hours.
2018

The Rapid platform is approved for use in Canada, Australia, and New Zealand. Don Listwin is named CEO. Rapid ASPECTS announced, provides automated scoring to assess early signs of brain infarction. Rapid CTA receives FDA clearance.
2019

The EXTEND trial doubles the treatment window for intravenous tPA using Rapid CTP and Rapid MRI.
2019

Rapid CTA receives CE approval, becoming the first advanced imaging product indicated for localization of a detected large vessel occlusion (LVO).

Mexico, Brazil, Japan, Israel, and Vietnam join the list of 50+ countries that approve the use of Rapid platform.

2020

Rapid ICH launches worldwide, using artificial intelligence to quickly notify physicians of possible intracranial hemorrhage.
2020

RapidAI acquires Endovantage, an innovator in comprehensive aneurysm management—expanding scope from stroke to aneurysm.
2020

RapidAI Insights launches—offering a suite of reports and analytics on Rapid scan, treatment, and outcomes data.

AI-powered Rapid ASPECTS becomes the first ever neuroimaging solution to receive FDA clearance in the CADx (Computer-Assisted Diagnostic software) category.

2020

RapidAI hits a major milestone with over 1 million recorded scans and is used in 1,600+ hospitals worldwide.
2020

Rapid LVO receives FDA clearance for identification of suspected large vessel occlusions.
2020

RapidAI receives $25 million in Series B funding to accelerate the company’s strategic growth initiatives and expand AI-enhanced cerebrovascular imaging around the world.
2021

RapidAI grows its global footprint to over 100 countries with its technology utilized in more than 1,800 hospitals.
2021

RapidAI announces a new partnership with Penumbra to develop solutions to enable faster clinical decision-making for pulmonary embolism (PE) diagnosis and procedures.
2021

RapidAI is named the exclusive advanced neuroimaging partner for the World Stroke Organization and SIECV stroke center certification program in Latin America.
2022

RapidAI announces new CEO and Chief Innovation & Technology Officer
2022

RapidAI hits 5 Million+ Scans
2022

RapidAI Receives FDA 510(k) Clearance for Pulmonary Embolism Triage & Notification
2022

RapidAI Receives FDA 510(k) Clearance for Rapid Hyperdensity
2022

RapidAI Applauded by Frost & Sullivan for Delivering Quality Care Quickly and Securely With Its RapidAI Platform
2022

Rapid ICH Receives New FDA Clearance with Highest Sensitivity and Specificity on the Market
2023

RapidAI Enhances Pulmonary Embolism Care Solution with FDA 510(k) Clearance for Rapid RV/LV
2023

RapidAI Receives First and Only FDA 510(k) Clearance of Non-Contrast CT Imaging Product to Accelerate Acute Stroke Triage
2023

RapidAI hits 10 Million+ Scans
2023

RapidAI receives $75 million in Series C funding to drive platform innovation to support more disease states and go-to-market functions to accelerate growth in new regions and product verticals.
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INTO THE FUTURE OF AI

Empowering Physicians to Push Boundaries for Improved Patient Outcomes

Machine learning and other artificial intelligence (AI) techniques are changing medicine in profound ways. At RapidAI, we are using it to extract greater meaning from medical imaging data and to develop tools that ultimately help physicians improve patient care.

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