/Companies

AZmed

Techstars '18

Paris, FR · Founded 2018 · 105 employees on LinkedIn · 4 known investors

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Gaetan Kerloc'hunlockedknows Alexandre Attia · together at Sciences Po (overlapped)
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AZmed develops AI software for medical imaging that assists radiologists in analyzing X-rays, with a focus on fracture detection. The company serves hospitals and imaging centers across multiple countries.

Also known as AZmed SAS

Founders & leadership

AZmed was founded in 2018 by Alexandre Attia.

AAAlexandre Attia
Alexandre AttiaCTO & Co-FounderFounder of AZmed, which develops AI software for medical imaging that helps radiologists analyze X-rays with a focus on fracture detection, serving hospitals and imaging centers in multiple countries. He was named to the Forbes Europe 30 Under 30 list.

Investors · 4

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · funding news · tech.eu · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

Also in the syndicate · 2

Maison WormsTempact Ventures

Funding

SEC filings, press & company announcements

$16M disclosed across 1 of 3 rounds · 2019–2024

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Sep 2026

AZmed is a French medical technology company headquartered in Paris that develops artificial intelligence software for medical imaging. Its products are organized into two suites: Rayvolve, an AI suite for X-rays, and Rayscan, an AI suite for CT. Rayvolve comprises AZtrauma for detection of fractures, dislocations, joint effusions and other bone and joint lesions; AZchest for categorization, detection and reporting of the main cardiac and lung abnormalities on chest X-rays; AZmeasure for automated characterization of osteo-articular angles and lengths; and AZboneage for pediatric bone age assessment from hand X-rays using the Greulich and Pyle method. Rayscan includes AZnod, for detection, characterization and 3D volumetric measurement of lung nodules on chest CT.

The software is positioned as a second-read, triage and reporting layer that runs inside existing radiology workflows and integrates with PACS/RIS systems and viewers. The company states its products are CE-marked (Class IIa) and FDA-cleared, developed under ISO 13485 and MDSAP-certified quality systems, and delivered on infrastructure described as SOC 2 Type II, GDPR- and HIPAA-compliant, with ENS Alto certification. AZmed reports more than 10 publications and over 30 studies and validations conducted with academic institutions, with results appearing in journals including Academic Radiology, Journal of Imaging and Pediatric Radiology.

As of 2026 the company reports deployment at more than 2,500 sites in over 55 countries and more than 15.3 million X-rays analyzed in the preceding 12 months. Its team is described on the company site as 50+ members of 10+ nationalities; a third-party business data provider estimated roughly 103 employees and annual revenue in the $1M-$10M range as of August 2026.

Founding story

AZmed was founded in 2018 by Julien Vidal (CEO), Alexandre Attia (CTO) and Dr Elie Zerbib-Attal (CMO) with the stated aim of optimizing physicians' workflows and extending their capabilities with artificial intelligence, so that radiologists have tools that match the pace of their work.

Business model

AZmed sells AI diagnostic-support software to healthcare institutions, with products offered as modules (AZtrauma, AZchest, AZmeasure, AZboneage, AZnod) that can be adopted individually or as full suites and deployed into a customer's existing PACS/RIS and viewer environment.

Revenue comes from supplying imaging AI software to healthcare institutions; a third-party data provider estimated annual revenue in the $1M-$10M range as of August 2026.

Traction

More than 15.3 million X-rays analyzed in a 12-month period, 2,500+ deployed sites, 55+ countries, 10+ publications and 30+ studies and validations, and eight FDA-cleared Rayvolve findings following a sixth FDA clearance in 2026.

Latest developments

In September 2026 AZmed announced its sixth FDA clearance, bringing Rayvolve to eight FDA-cleared findings across musculoskeletal and chest X-rays. In May 2026 it announced a partnership with Radin Health aimed at enhancing radiology workflow. The Rayscan CT suite is active with AZnod for lung nodules, and additional CT solutions are described as under development.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

Positioned as a growth-stage imaging AI vendor with broad modality coverage and international deployment; listed alongside Aidoc, Lunit and Neko Health as comparable medical imaging companies.

Breadth of validated, regulatory-cleared modules spanning musculoskeletal, chest, measurement, pediatric bone age and CT lung nodules within a single workflow, combined with multiple FDA clearances, CE marking and a published clinical evidence base including a multi-center study of 258,373 X-rays across 100 centers in 26 countries.

Technology

Deep-learning models for detection, triage, measurement and reporting across X-ray and CT, delivered as software that integrates natively into radiology viewers and PACS. Reported performance includes 99.7% negative predictive value and 67% false-negative reduction for trauma X-rays, 97.9% NPV and an 11.4% per-case sensitivity gain for chest X-rays, 1.4° angle and 1.3 mm distance mean absolute error for automated measurements, 0.49-year MAE for bone age, and 88% nodule detection sensitivity with 0.91 false positives per scan and under three minutes analysis time for chest CT. Third-party data lists a tech stack including Google Cloud, Docker, PostgreSQL, Grafana, GitHub, Ansible and Puppet.

Go-to-market

Demand generation through direct demo requests on the company site plus channel and OEM routes: collaborations with GE Healthcare (2019), Wellbeing Software for NHS providers (2020), integration with Answer Digital (2024) and a 2026 agreement with Radin Health. Clinical evidence, peer-reviewed publications and regulatory clearances are used to support adoption.

Radiology departments, imaging teams and physicians in hospitals, imaging centers and orthopedic urgent care clinics; the contact form segments prospects by healthcare institution, role, country and product of interest.

Geography

Headquartered in Paris, Île-de-France, France, with deployments at more than 2,500 sites across 55+ countries; a third-party profile describes employees across five continents including Europe, Asia and North America.

History

Founded in 2018 by three co-founders, AZmed closed a first funding round in 2019 and grew to about 10 people, launched its first Rayvolve product for fracture detection on X-rays in 2020, and reached 10 countries in 2021. In 2022 Rayvolve became CE-marked and FDA-cleared and was used in 25 countries alongside a second funding round. In 2023 the product expanded across multiple clinical areas and the team reached 35 members. In 2024 the company announced a €15M funding round, and by 2025 Rayvolve had analyzed 15 million images across more than 55 countries. In 2026 Rayvolve was evaluated in a large multi-center X-ray AI study and received its sixth FDA clearance.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Bone age mean absolute error (AZboneage)Jan 20260.5 years
Countries servedJan 202655
Deployed sitesJan 20262,500 sites
Employees (third-party estimate)Aug 2026103 people
Estimated annual revenue (third-party estimate)Aug 2026$1M - $10M
False negatives avoided (AZtrauma)Jan 202667%
False positives per scan (AZnod)Jan 20260.9 per scan
Funding raised (as reported by Forbes)May 2022$3.7M
HeadcountAug 2026105
Lung nodule detection sensitivity (AZnod)Jan 202688%
Mean absolute error for angles (AZmeasure)Jan 20261.4 degrees
Mean absolute error for distances (AZmeasure)Jan 20261.3 mm
Negative predictive value (AZchest)Jan 202697.9%
Negative predictive value (AZtrauma)Jan 202699.7%
Peer-reviewed publicationsJan 202610 publications
Reading time reduction (AZchest)Jan 202635.8%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 3

by search overlap

Companies competing with AZmed for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 10

launches, deals, and filings
Sep 2026
Sixth FDA clearance, bringing Rayvolve to eight FDA-cleared findings

Press release announcing AZmed's 6th FDA clearance, taking Rayvolve to eight FDA-cleared findings across MSK and chest X-rays.

source ↗

May 2026
Partnership with Radin Health to enhance radiology workflow

source ↗

Jan 2026
Rayvolve evaluated in large multi-center X-ray AI study

Rayvolve evaluated in a study described as the world's largest X-ray AI study, covering 258,373 X-rays across 100 medical centers in 26 countries.

source ↗

Feb 2024
Integration with Answer Digital

AZmed and Lunit integrated with Answer Digital's technology.

source ↗

Feb 2024
AZmed raises €15M (reported $16.2M) Series A

Paris-based MedTech startup providing AI-powered radiology software raised €15M in funding, reported as a $16.2M Series A.

$16.2M source ↗

Jan 2022
Rayvolve CE-marked and FDA-cleared, used in 25 countries

source ↗

Jan 2021
Operations extended to 10 countries

source ↗

Sep 2020
Partnership with Wellbeing Software to offer AZmed's solution to NHS providers

source ↗

Jan 2020
Launch of first Rayvolve product for fracture detection on X-rays

source ↗

Jun 2019
Partnership with GE Healthcare to integrate AI into imaging tools

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does AZmed do?
AZmed is a Paris-based medtech company building AI software that reads X-rays and CT scans to support radiologists.
Who founded AZmed?
AZmed was founded by Alexandre Attia in 2018.
Who are AZmed's investors?
AZmed's investors include Teampact.ventures, Techstars.
How much funding has AZmed raised?
AZmed has disclosed $16M raised across 1 of its 3 known rounds.
Where is AZmed headquartered?
AZmed is headquartered in Paris, FR.