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Spectral AI

Dallas, Texas, United Statesspectral-ai.com ↗

Ownership: Public · MDAI
Development stage: Preclinical

Overview

Spectral AI’s DeepView System has demonstrated successful results in US burn validation studies and received FDA Breakthrough Device Designation. The company anticipates its first commercial product revenue in the second half of 2025 and plans to submit regulatory filings for approval of the burn indication in the US during H1 2025. The platform aims to provide immediate wound healing predictions using multispectral imaging and proprietary artificial intelligence algorithms.

Therapeutic areas: OtherEndocrinologyCardiovascularDermatology
Modalities: Device
Industry: Medical Imaging

Partnerships

Biomedical Advanced Research and Development Authority (BARDA), U.S. government contracts supporting technology development for burns and other indications ($130M+ awarded)Cutting Edge Research LLC

Financials

Market cap: $51.2M
Total revenue: $3.5M
Enterprise value: $53.5M

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