Campaign

CRO#: 605730

xWave Technologies

MedTech - SaaS

xWave software leverages clinical decision support technology and AI to significantly help the referral and vetting process for radiology clinicians and their patients.
by Mitchell O'Gorman
Dublin
112% Funded
€ 850,000 Funding goal
€ 950,098 Invested
106Investors


Company Summary :

 

xWave Technologies has developed xWave CDS, a clinical decision support system that can be deployed at the point of referring to ensure patients get the most appropriate test and can also be deployed within radiology workflows to reduce the demands on critical and limited radiologist resources.

 

Key highlights:

  • €2.8m raised already to develop xWave products, including €250k from EI.
  • Europe’s leading medical imaging journal has published research highlighting xWave’s capability to reduce duplicate referrals by 61% and reduce radiation exposure for patients by 27%.
  • Revenues have grown to over €500k ARR in 2024 with contract wins across both public and private healthcare in Ireland and the UK.
  • Radiology is a $30B per annum industry, with 80% of patient journeys involving at least one scan.
  • Highly credible founder team with strong mix of commercial/digital and specialist radiology expertise.