Investor Relations ยท Pre-Seed

The Opportunity

Radiology is a $30B+ market running out of radiologists. Every AI tool to date has failed to produce output that's actually clinically usable. VoxelMD changes that.

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.

0
Radiologist shortage projected by 2050

The global radiology workforce faces a structural deficit that medical education cannot close fast enough.

0%
of radiologists plan to retire within 5 years

An aging workforce accelerates the crisis. The pipeline of new radiologists cannot replace departing physicians at this rate.

0K-1M
thyroid US studies annually in the US alone

High-volume, standardized exams represent the immediate automation opportunity - before expanding to complex modalities.

The Solution

Two complementary product lines that cover the full spectrum of radiology, from standardized exams to complex volumetric imaging.

Active

Production-Ready AI

AI that dynamically applies clinical scoring rubrics to generate preliminary radiology reports. Rapid deployment with no costly training cycles. Working prototypes for thyroid ultrasound and CT perfusion.

Research Phase

Expanding Coverage

Advanced model training on radiologist-verified data for modalities requiring volumetric spatial awareness. Purpose-built for complex imaging via Google Cloud and 3D medical image processing.

Market Opportunity

TAMGlobal Diagnostic Imaging AI
$39B by 2030
SAMNorth American Radiology Reporting
$7B
SOMUS Private Radiology Groups
$500M

Sources: Grand View Research, MarketsandMarkets, Precedence Research (2025-2026 reports)

Revenue Model

Two revenue tracks with compounding unit economics.

Planned

B2B SaaS Licensing

Per-radiologist subscription model for private practices and hospital departments. Tiered pricing based on volume and modality coverage.

Per Seat / Month
$200-$500

Scales with modality coverage and practice size

Post-FDA

CPT Code Billing

Each AI-generated interpretation maps to a billable CPT code, transforming AI from practice overhead into an independent revenue center. Near-zero marginal cost per study.

Per Study Revenue
$100-$900+

Varies by modality and CPT category (requires FDA clearance)

Competitive Advantage

Four structural differentiators that compound over time.

Multi-Modality from Day One

Architecture designed for any imaging modality, not locked to a single exam type. Thyroid ultrasound, CT perfusion, and spine MRI all share the same clinical AI framework.

Dual Deployment

On-premise NVIDIA GPU inference for air-gapped security, or HIPAA cloud via Vertex AI for cost-efficient scaling. Customers choose based on their compliance requirements.

Physician-Founded

Built by a practicing Neuroradiologist who reads the same studies the AI targets. No translation layer between clinical need and technical execution.

Self-Improving Moat

Every radiologist correction teaches the system. The longer a practice uses VoxelMD, the more accurate it becomes - a compounding advantage competitors cannot replicate.

Traction

Self-funded to date. Building with conviction.

Working prototypes for thyroid ultrasound and CT perfusion

Lumbar and cervical spine MRI in active research

Member of NVIDIA Inception Program

Google for Startups Cloud Program member

AWS credits active - GPU compute and storage

Google Cloud AI infrastructure for production deployment

NSF SBIR application submitted

Self-funded from day one - full founder conviction
Founder-Market Fit

Mo Fakhri, MD

Practicing Neuroradiologist and sole founder. Trained at Harvard Medical School (research fellow), UCSF (neuroradiology fellowship), and Mallinckrodt Institute of Radiology (residency). NIH T32 and RSNA Research Grant recipient. Writes every line of code.

HarvardUCSFMallinckrodtNIH T32RSNA Grant
Full bio

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

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