Investor Relations · Pre-Seed

Autonomous Radiology Intelligence

VoxelMD builds clinical-grade AI that reads medical images and drafts diagnostic reports — targeting the massive, underserved radiology automation market. Self-funded by a practicing Neuroradiologist who both codes and practices medicine.

The Crisis in Radiology

Demand for imaging is exploding while the workforce cannot keep up. This is a systemic, structural problem — and it's getting worse.

30%
of radiologists report burnout

The American College of Radiology reports critical workforce shortages across all subspecialties.

5-7%
annual imaging volume growth

Scan volumes grow relentlessly every year, outpacing the number of trained radiologists entering the workforce.

~14 min
average dictation time per complex study

A significant portion of a radiologist's day is consumed by manual dictation rather than diagnostic interpretation.

Our Solution: Two Complementary Products

VoxelMD attacks the problem from two angles — automation of tedious tasks today, and autonomous image interpretation tomorrow.

Shipping Now

Voxel Suite

  • Reduces dictation time by up to 80% via intelligent clinical data injection
  • Summarizes 5 years of prior imaging findings at point of care
  • Integrates seamlessly with Epic and Clario PACS
  • 10 active beta radiologists, ~30% throughput increase per shift
Active Prototypes

Voxel Vision

  • AI that reads DICOM images and drafts full diagnostic reports
  • Dual deployment: on-premise NVIDIA GPU (Gemma 4 / MedGemma, Qwen 3.5 VL) or HIPAA cloud (Vertex AI + Gemini with BAA)
  • Thyroid Ultrasound reader and CT Perfusion drafter prototypes completed
  • Follows the DICOM-in/results-out architecture used by RapidAI and Rad AI
  • Long-term FDA pathway to direct CPT code billing ($100–$900+/study)

Market Opportunity

The radiology AI market is early, massive, and growing at 15–25% CAGR. We are positioned at the intersection of clinical credibility and technical execution.

TAM

AI in Healthcare

$39B
$500B+ by 2035
SAM

Radiology AI Market

$0.7B
$7B+ by 2035
SOM

Private Practice Automation

Target
High-margin SaaS + CPT billing

Sources: Grand View Research, MarketsandMarkets, Mordor Intelligence, Precedence Research (2025–2026 reports)

Founder-Market Fit

The Clinical Advantage

Mo Fakhri, MD — Practicing Neuroradiologist, sole founder, and the person writing every line of code. Unlike most health-tech startups that pair a tech CEO with a medical advisor, VoxelMD's founder IS both.

Trained at Harvard Medical School (research fellow), UCSF (neuroradiology fellowship), and Mallinckrodt Institute of Radiology (residency). Recipient of the NIH T32 Research Grant and RSNA Research Resident Grant.

Full-Stack Capability: Architected a dual deployment system — on-premise NVIDIA GPU inference for air-gapped hospitals, and HIPAA-compliant cloud inference via BAA-covered Vertex AI for cost-efficient scaling.

Self-funded from day one. Every dollar invested to date comes from the founder — demonstrating full personal conviction in the mission and technology.

HarvardUCSFMallinckrodtNIH T32RSNA GrantSelf-Funded

Revenue Model

A clear, two-track path to revenue with compounding returns.

Now

Track 1: B2B SaaS Licensing

Sell Voxel Suite directly to private radiology practices and hospitals. Per-seat or per-practice licensing with enterprise tiers for departments.

Without VoxelDictation Time
With Voxel−80% Time
Future

Track 2: Direct CPT Code Billing

Pursue FDA clearance for Voxel Vision modules. Map AI-generated interpretations to billable CPT codes, transforming AI from practice overhead into an independent revenue center billed directly to insurance.

SaaS Tier
Cat III
$900+ / Study
FDA Cat I

Validation & Proof of Concept

Selected for high global volume and critical diagnostic impact — proving our architecture before scaling.

Thyroid Ultrasound

CPT 76536 · $100–$125 / study

Up to 50% of adults have thyroid nodules, generating massive imaging volume globally ($800M+ market). Our prototype successfully matches radiologist accuracy in TI-RADS classification.

Prototype complete — matches radiologist accuracy

CT Perfusion (Stroke)

Time-Critical · Acute Care

Our vision models ingest complex color-coded perfusion maps, interpret core/penumbra mismatches, and draft comprehensive dictations — proving capability to read complex multi-series inputs under high-stakes constraints.

Validates architecture for cross-sectional CT/MRI expansion

Uncompromising HIPAA Compliance

We offer an Enterprise On-Premise Option — our models can run entirely on local hardware. This air-gapped architecture ensures Protected Health Information (PHI) never traverses the public internet, satisfying the most rigid hospital IT and cybersecurity requirements.

HIPAA CompliantOn-Premise ReadyAir-Gapped ArchitectureZero Cloud PHI Exposure

Why Now

Multimodal AI models have reached clinical-grade accuracy for the first time

Global radiologist shortage is accelerating — demand outpaces supply structurally

Regulatory environment (FDA) increasingly receptive to AI-assisted diagnostics

Healthcare systems actively seeking automation to control costs and reduce burnout

Partner With Us

We are seeking pre-seed investment to accelerate product development, expand our beta program, and prepare for FDA pre-submission.

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