Smart Reporting is a Munich-based medical reporting company focused on radiology and pathology that develops SmartReports, a fully voice-controlled and data-driven documentation solution. The software delivers high-quality, machine-readable data in real time and enables workflow automation for clinicians. Its multilingual structured-diagnostics platform is used by more than 16,000 physicians in over 90 countries and is developed by an interdisciplinary team of more than 80 doctors, data scientists, and software engineers. Smart Reporting distributes its software internationally via major healthcare IT partners including Siemens Healthineers, GE Healthcare and Canon. The company recently intensified a partnership with Solventum (formerly 3M Health Information Systems) to strengthen its North American presence. It plans to use new funding to expand international partnerships, accelerate product development, and grow its market presence in the US, Canada, Australia and New Zealand. Smart Reporting develops AI-supported, voice-controlled medical documentation and diagnostic software that collects, structures and processes clinical data across radiology, pathology and other clinical areas. Its technology produces fully evaluable, machine-readable results that the company says reduce time to diagnosis, improve diagnostic quality, automate manual processes and ease communication with referring physicians. The software aims to contribute to healthcare digitalization and to optimize patient care. Led by co-CEOs Wieland Sommer and Peter Vanovertveld, the company intends to use new financing to expand its technology position, enter new markets and further scale its software and data business. Financially, the company has secured a €15M venture debt loan to support these plans. No operating metrics were provided in the article. Smart Reporting offers multilingual, cloud-based software that enables structured medical reporting, initially launched for radiology and now used in pathology. The platform applies guideline-compliant criteria to generate high-quality, reproducible reports and can integrate with speech recognition, speech commands, and image-analysis/AI tools. Its software is used by more than 10,000 physicians in over 90 countries. The company has developed specialized templates such as a COVID-19 decision-tree for radiologists, which attracted over 2,000 registrations shortly after release. Smart Reporting plans to use recent funding to further develop its technology and to scale the solution into additional medical disciplines including surgery, oncology, and cardiology. The startup emphasizes improving data quality and enabling real-time analytics to support personalized care and efficiency in clinical workflows. Smart Reporting is a Munich, Germany–based IT-health startup that develops ImageREPORT, a software project combining intelligent image recognition for medical imaging with semiautomated structured reporting. The product couples a machine learning–based image analysis system with an intelligent structured-reporting engine that processes results and guides radiologists step-by-step through report creation. In practice, X-ray and CT images are analyzed automatically using deep learning–based computer-aided detection algorithms that can identify subtle anomalies. Image analysis outputs are then fed into the reporting software to streamline and standardize radiology reports. The company says it will use EU funding to continue advancing ImageREPORT and improve radiological care by linking image analysis and structured reporting. Project partners on ImageREPORT include Thirona and Radboud university medical center in Nijmegen.

Total raised

$41M

Funding rounds

4

Latest round

Series C

Latest activity

Apr 2024