
Optellum develops an imaging biomarker for smart lung cancer detection. Optellum’s vision is to redefine cancer care, by enabling every clinician, in every hospital, to manage their patients in the optimal way. They do that by providing end-end IT platform for personalized early diagnosis and therapy, based on the collective experience of thousands of doctors pooled by machine learning applied to vast patient datasets. Their first suite of products targets management of patients at high risk of developing lung cancer – the world’s deadliest and commonest cancer – from early diagnosis through to treatment. Optellum comprises a team of award-winning medical imaging software, AI, and clinical experts who met at Oxford’s world-renowned computer vision lab. Between us, they have track records of bringing innovation to market through over 10 start-up companies, resulting already in 5 trade-sales and one IPO. They are backed by an Advisory Board comprising world-leading clinicians and experts in deep learning ; and Oxford's most prominent investors. They are building up their product development team – join their fight against cancer, working together with former software engineers from top technology companies (Amazon, Facebook, Redhat) and veterans of medical imaging startups (e.g. Mirada Solutions – acquired by Siemens).

Optellum develops an imaging biomarker for smart lung cancer detection. Optellum’s vision is to redefine cancer care, by enabling every clinician, in every hospital, to manage their patients in the optimal way. They do that by providing end-end IT platform for personalized early diagnosis and therapy, based on the collective experience of thousands of doctors pooled by machine learning applied to vast patient datasets. Their first suite of products targets management of patients at high risk of developing lung cancer – the world’s deadliest and commonest cancer – from early diagnosis through to treatment. Optellum comprises a team of award-winning medical imaging software, AI, and clinical experts who met at Oxford’s world-renowned computer vision lab. Between us, they have track records of bringing innovation to market through over 10 start-up companies, resulting already in 5 trade-sales and one IPO. They are backed by an Advisory Board comprising world-leading clinicians and experts in deep learning ; and Oxford's most prominent investors. They are building up their product development team – join their fight against cancer, working together with former software engineers from top technology companies (Amazon, Facebook, Redhat) and veterans of medical imaging startups (e.g. Mirada Solutions – acquired by Siemens).
Product: Virtual Nodule Clinic — AI decision-support for pulmonary nodule / lung cancer risk assessment
Stage & regulatory: Commercial-stage; FDA 510(k) clearance, CE-MDR and UKCA for Virtual Nodule Clinic
Reimbursement: Medicare reimbursement / CMS payment classification for Optellum's Lung Cancer Prediction (LCP) score
Latest funding: Series A $14.0M (Sep 27, 2022)
Oxford, United Kingdom (US presence at Texas Medical Center, Houston)
Early lung cancer detection and pulmonary nodule management
2016
MedTech / lung health
14,000,000 USD
Other investors reported to include IQ Capital, Intuitive Ventures, Black Opal Ventures, St John's College, The Oxford Trust, and the family office of Sir Martin & Lady Audrey Wood.
Additional participants reported to include St John's College and IQ Capital.
“Backed by institutional UK VCs and regional/state investors (e.g., Mercia, IQ Capital, Intuitive Ventures) alongside university and family-office investors (St John's College, The Oxford Trust, Sir Martin & Lady Audrey Wood).”