Scan.com has closed $220 million in combined equity and debt financing to expand its diagnostic imaging network across the United States. The funding package includes a $90 million Series C equity round led by Noteus Partners and $130 million in debt facilities provided by VerisFi Capital and Atempo Growth. The announcement follows a year in which the company doubled revenue and surpassed a $165 million annualized run rate.
Investor backing and financing structure
The Series C equity round attracted participation from Aviva, Concord Health Partners, YZR Capital, Oxford Capital and other investors alongside lead investor Noteus Partners. The $130 million in debt facilities will support mergers and acquisitions as well as working capital needs. This combined capital structure is designed to accelerate Scan.com's expansion and strengthen its position in diagnostic imaging.
Fragmentation in a $100 billion market
The United States medical imaging market is valued at more than $100 billion, yet it remains slow, expensive and largely offline. Scan.com reports that 85 percent of scans are still booked by fax or phone, while patients often wait weeks for appointments. The company also notes that identical MRI scans can cost a few hundred dollars at one center and several thousand at another just a few miles away.
A single national API for imaging
Scan.com has built a national platform that brings search, scheduling and results delivery for imaging into one application programming interface. The system integrates live and two-way with independent imaging centers' scheduling systems and electronic medical records, allowing digital health providers, employers, health plans and workers' compensation systems to connect with a few lines of code. Artificial intelligence is embedded throughout the platform to match referrals to availability, price and subspecialty, automate scheduling and paperwork, and route reports to subspecialist radiologists.
Patient impact and national reach
More than 900,000 patients globally have accessed care through the Scan.com network. Already the largest medical imaging network in the United Kingdom, Scan.com entered the US market in 2023 and now has operations live nationwide, with patients able to see prices before scheduling and obtain scans at quality-checked centers. Care guides remain involved throughout the patient journey, so artificial intelligence removes administrative tasks rather than human contact, and results are typically returned within 48 hours.
Leadership perspective on the investment
Charlie Bullock, co-founder and chief executive officer of Scan.com, described the funding as a step toward making efficient imaging access standard in American healthcare. He noted that the United States runs around 600 million medical imaging scans each year without a national infrastructure behind them. Bullock said the company has built that missing layer, enabling employers, health plans and digital health apps to connect to imaging capacity nationwide through a single API.
Investor confidence in the platform
Nathalie Bruls, general partner at Noteus, said her firm has known the Scan.com leadership team for many years and has consistently seen their execution strengthen conviction in the business. She added that years of investment in patient experience, provider connectivity and proprietary data are compounding with scale and artificial intelligence. James Olsen, managing partner at Concord Health Partners, said Scan.com's ability to improve access while reducing cost and complexity aligns with Concord's mission.
Strategic use of funds
The company plans to use the new capital to expand its network of imaging providers across the United States and to invest in its API and agentic AI infrastructure. These investments are intended to improve how patients are routed, how scans are scheduled and how diagnostic results are returned. The wider goal is to bring faster and more affordable imaging to millions more patients nationwide.
The financing positions Scan.com to address a significant gap in the American healthcare system by connecting patients with quality-checked imaging centers more efficiently. With a growing network, embedded artificial intelligence and a single API, the company aims to reduce wait times, price opacity and administrative burden. As demand for diagnostic imaging continues to rise, Scan.com's approach could become an important part of national healthcare infrastructure.