HOPPR has raised $32.0M in total across 1 funding round.
HOPPR's investors include Greycroft, Susa Ventures.
HOPPR is a Chicago-based software company building the first multimodal AI foundation model and secure platform specifically for medical imaging. It develops the HOPPR™ AI Foundry, a privacy-compliant deep learning environment that connects diverse medical data sources with AI/ML developers, enabling rapid fine-tuning, validation, and deployment of imaging AI applications to enhance diagnostic workflows and operational efficiency in healthcare.[1][4][5] Serving developers, researchers, imaging vendors, and PACS (Picture Archiving and Communications Systems) providers, HOPPR solves key challenges like fragmented data, privacy regulations, high development costs, and compliance barriers, accelerating trustworthy AI innovation for radiologists and patient care.[1][4][5] With 49 employees across offices in Chicago, Los Angeles, New York, and San Francisco, and a recent $31.5M Series A funding round announced in June 2025, HOPPR demonstrates strong growth momentum in scaling its infrastructure.[2][5]
HOPPR was founded in 2019 by practicing radiologists and engineers, including co-founders Khan Siddiqui, MD (CEO, former founder of higi) and Oliver Chen, MD (COO, founder of ilumihealth, acquired by Fosun Pharma), who identified gaps in AI adoption for medical imaging due to data fragmentation, privacy issues, and compliance hurdles.[1][2][4] Drawing from their experience scaling health tech platforms, the multidisciplinary team—spanning machine learning, medical research, software engineering, and regulatory experts—created a proprietary trust architecture to enable secure collaboration.[1] Early traction built on this foundation, culminating in the launch of the HOPPR™ AI Foundry and partnerships like one with AWS in November 2023 to enhance medical imaging AI capabilities.[3]
HOPPR rides the explosive growth of AI in healthcare imaging, where demand for precise diagnostics meets surging data volumes from modalities like MRI, CT, and X-rays, amplified by trends in multimodal AI and edge computing.[1][3][4] Timing is ideal amid regulatory pushes for AI transparency (e.g., FDA guidelines) and post-pandemic telehealth expansion, positioning HOPPR to capitalize on market forces like clinician shortages and the need for workflow automation.[5] By bridging data providers and innovators, it influences the ecosystem through partnerships (e.g., AWS) and scalable infrastructure, enabling broader adoption of AI that improves accuracy, speeds triage, and supports global patient outcomes while setting standards for compliant AI deployment.[3][5]
With $31.5M Series A funding fueling platform expansion, team growth, and advanced foundation models, HOPPR is primed to dominate medical imaging AI infrastructure, potentially powering thousands of clinical apps.[5] Trends like generative AI integration, Vision Pro-compatible tools, and global regulatory harmonization will shape its path, evolving its role from enabler to ecosystem leader as healthcare digitizes.[3][5] As the secure bridge for AI innovation, HOPPR positions developers to deliver the precision radiology needs of tomorrow, transforming fragmented data challenges into scalable, life-saving workflows.
HOPPR has raised $32.0M across 1 funding round. Most recently, it raised $32.0M Series A in June 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2025 | $32.0M Series A | Greycroft, Susa Ventures |
