What is Novarad?
Established in 1990 by Dr. Wendell Gibby, Novarad is a Utah-based company dedicated to advancing radiology systems through innovative technology. Situated in American Fork, the company has cultivated a culture of continuous improvement, reflected in its evolving product lines. Novarad's core business revolves around providing integrated healthcare IT and imaging solutions, aiming to enhance the efficiency and effectiveness of radiological practices.
How much funding has Novarad raised?
Novarad has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Novarad
PPP
Public-Private Partnership
What's next for Novarad?
The recent major strategic investment signals a pivotal phase for Novarad, likely enabling further product development, market expansion, and technological enhancements. As a company with a long history of innovation, this capital infusion is expected to accelerate its mission to integrate cutting-edge technologies into radiology, potentially solidifying its position as a leader in healthcare imaging solutions and IT infrastructure.
See full Novarad company page
