Sequoia India’s Surge backs healthtech startup RedBrick AI in $4.6M funding

The funding round was led by Sequoia India and Southeast Asia's Surge and was used to expand the market for RedBrick's medical imagery annotations solution.

Clinical diagnosis uses artificial intelligence. Data preparation for training artificial intelligence systems takes a lot of time. Thousands of hours of annotations by clinicians are required for the training process. The startup, which has an Indian subsidiary, is using its automated and semi-automated annotations to solve the problem.

Shivam said the startup helps make annotations up to 60 percent faster by using a system that works with medical imagery.

Artificial intelligence is being built in healthcare. In the future, we want to help teams with everything from the data preparation to FDA clearance of the algorithms, according to the interview with the tech site.

RedBrick Artificial Intelligence is a company founded in 2021, which offers specialized annotations that can be accessed through a web browser and integrated into existing data storage systems. Semi-automated tools are used for annotating medical images.

It's an image

Machine learning engineers can integrate with their cloud solutions and clinical data stores with the help of RedBrickai.

The clinicians just need to log into their browser and it will do the rest.

Images can be used for quicker and more detailed diagnoses. The annotated imagery can be used to detect cancer.

RedBrick is mostly based in India and focuses on the U.S. and Europe for marketing. 99% of the competition comes from open-sourced tools, followed by in-house ones to address their specific requirements, according to the startup.

Germany's Orbem, Canada's cancer and disease screening platform Prenuvo, Boston-based non-profit hospital and physician network Mass General Brigham are just some of the early customers of RedBrick Artificial Intelligence.

Angel investors participated in the seed round. Before this round, the startup was a part of the winter cohort of Y Combinator that was dominated by Indian companies.

RedBrick plans to use the fund to reach enterprises and go beyond its current customer base, according to the man. New engineers will be hired to expand the tool kit.