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Hexarad logo — The only end-to-end Radiology solution.

Hexarad

The only end-to-end Radiology solution.

Founded 2016 United Kingdom London, United Kingdom 123 employees Growth Total: $15.10M Health Care, Health and Wellness

General Information

Company Name Hexarad
Founded Year 2016
Location United Kingdom London, United Kingdom
Founders / Decision Makers
Team member Team member Team member
Employees 123
Industries Health Care, Health and Wellness
Funding Stage Growth
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Pay As You Go, Value Based Pricing
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Major Customer Win Sep 23, 2026

Hexarad has secured the NHS as a customer, providing an improved radiology solution based on a radiographer's testimonial.

Product Launch Sep 21, 2026

Hexarad has launched its new 360 platform, an end-to-end radiology solution built for radiologists to streamline reporting workflows.

Event Participation Sep 21, 2026

Hexarad will be an exhibitor at the British Society of Thoracic Imaging annual meeting at Bridgewater Hall in Manchester, inviting thoracic radiologists to learn about their solutions.

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About Hexarad

Hexarad, founded in 2016, is rapidly positioning itself as a leader in the Health Care and Health and Wellness sectors with its innovative, end-to-end radiology solutions. Headquartered in the United Kingdom, this company offers an integrated platform designed to transform radiology departments through enhanced oversight and optimization.

The Hexarad Platform comprises two core components: ReportRad, a teleradiology solution acclaimed for its design by radiologists, and OptiRad, software crafted to streamline radiology operations. Together, they mark Hexarad's pledge to bring comprehensive solutions to an essential field.

In its latest financial milestone, Hexarad secured a £11.20M growth equity venture capital investment on 01 August 2024, led by MTIP. This investment underscores growing investor confidence in Hexarad's potential to revolutionize radiology practices and improve patient outcomes globally.

Business keywords: Radiology, Teleradiology, Medical Imaging, CT Scans, MRI Scans, X-Ray Scans, Remote Reporting, Radiology Department Optimization, Medical Software Solutions, Healthcare Efficiency, Radiologist-Built Solutions, End-to-End Healthcare Solutions, Medical Scan Interpretation

Services & Products

Teleradiology Platform
Business Intelligence for Radiology
AI-Enabled Radiology Reporting
Online Communication Hub
Consultant Radiologist Community

Target Customers

Hospital Radiology Departments Radiologists Healthcare Trusts Emergency Departments Oncology Specialists

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Growth Equity VC £11.20M 1
MTIP
MTIP
01 Aug 2024
Series A £2.20M 3
Foresight Group Leton Capital Sachi Ventures
Foresight Group, Leton Capital +1
01 Sep 2022
Early VC £1.70M 1
Foresight Group
Foresight Group
01 Jul 2021

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FAQ About Hexarad

The only end-to-end Radiology solution.
Hexarad was founded in 2016.
Hexarad is headquartered in London, United Kingdom.
Hexarad operates in Health Care and Health and Wellness. Its work centres on Radiology, Teleradiology, Medical Imaging and CT Scans. Its customers include Hospital Radiology Departments, Radiologists and Healthcare Trusts.
Hexarad has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Pay As You Go and Value Based Pricing.
Hexarad has approximately 123 employees.
Hexarad has completed 3 funding rounds, raising a total of $15.10M. The latest funding stage is Growth.
Hexarad offers: Teleradiology Platform, Business Intelligence for Radiology, AI-Enabled Radiology Reporting, Online Communication Hub, Consultant Radiologist Community.
Top alternatives and competitors to Hexarad include ARKAN UNITED, Rology, Medsynaptic Pvt. Ltd., Teleradiology Solutions, Radiology Associates of Northern Kentucky. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hexarad and ARKAN UNITED are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Hexarad, https://bouncewatch.com/company/hexarad, updated 26 September 2026. When citing, please name BounceWatch and link this page.

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