Rad AI

Rad AI IPO

$525.01MM
Series C Valuation, Jan 2025
Register for Details
For more details on financing and valuation for Rad AI, register or login.
Please provide a valid email address.
By registering, you agree to Forge’s Terms of Use. Already registered? Sign in
Company Details
Rad AI is a healthcare-focused company that is striving to develop generative AI solutions for radiologists. Rad AI was founded in 2018 and is headquartered in San Francisco, CA. The company is aiming to use AI to assist radiologists so they are less likely to experience burnout while striving to improve the quality of care they provide to patients, including diagnosis of cancer and other conditions.
Founded
2018
Headquarters
San Francisco, CA, United States
Forge Price 1
Price not yet available
Post-Money Valuation 3
$525.01MM
Total Funding
$156.61MM
LFR Price per Share
$xx.xx
Last Funding Share Class
Series C

Learn More About Rad AI

To invest in Rad AI pre-IPO

Can you invest in Rad AI pre-IPO?

Rad AI is a privately held company and is not publicly traded, therefore investing in Rad AI pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Rad AI before it goes public?

You can seek to sell your shares in Rad AI while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my Rad AI shares?

To determine the value of your Rad AI shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Rad AI shares. You can also learn more about how to sell your private shares before getting started.

Is Rad AI a publicly traded company?

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

To learn more about Rad AI potential IPO

Will Rad AI go IPO?

Rad AI has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Rad AI’s IPO price?

The Rad AI IPO price does not exist at this time, as Rad AI is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Rad AI register for Forge Markets, today.

When was Rad AI founded?

Rad AI was founded in 2018.

What is Rad AI funding to date?

Rad AI has raised $156.61MM to date.
Rad AI Major Investors
Fifty Years
Up2398
Transformation Capital
World Innovation Lab
Khosla Ventures
Artis Ventures
Array Ventures
Hyperlink Ventures
Wil (World Innovation Lab)
Renn Ventures
Kickstart
Gradient Ventures
City Light Capital
Kickstart Fund
Harmonix
Gmo Venture Partners
Ocv Partners
Proof
Fifty Years Vc
Santa Barbara Venture Partners
Gannett Partners
Precursor Ventures
Hike Ventures
Impactassets
Harmonix Fund
Undisclosed Investors
Alpha Partners

Rad AI Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
01/03/2025 Series C $72.9MM $xx.xx $525.01MM Transformation Capital
Price per Share
$xx.xx
Shares Outstanding
3,238,242
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Transformation Capital
05/07/2024 Series B-1 $33.21MM $xx.xx $276.13MM Artis Ventures, Gradient Ventures, Hyperlink Ventures, Khosla Ventures, Kickstart, Ocv Partners, World Innovation Lab
Price per Share
$xx.xx
Shares Outstanding
2,374,005
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Artis Ventures, Gradient Ventures, Hyperlink Ventures, Khosla Ventures, Kickstart, Ocv Partners, World Innovation Lab
05/07/2024 Series B-2 $16.79MM $xx.xx $276.13MM Artis Ventures, Gradient Ventures, Hyperlink Ventures, Khosla Ventures, Kickstart, Ocv Partners, World Innovation Lab
Price per Share
$xx.xx
Shares Outstanding
1,821,527
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Artis Ventures, Gradient Ventures, Hyperlink Ventures, Khosla Ventures, Kickstart, Ocv Partners, World Innovation Lab
11/10/2021 Series A-1 $20.94MM $xx.xx $93.24MM Artis Ventures, City Light Capital, Gradient Ventures, Kickstart, Ocv Partners, Proof, Renn Ventures, Santa Barbara Venture Partners
Price per Share
$xx.xx
Shares Outstanding
3,629,717
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Artis Ventures, City Light Capital, Gradient Ventures, Kickstart, Ocv Partners, Proof, Renn Ventures, Santa Barbara Venture Partners
11/10/2021 Series A-2 $1.18MM $xx.xx $93.24MM Artis Ventures, City Light Capital, Gradient Ventures, Kickstart, Ocv Partners, Proof, Renn Ventures, Santa Barbara Venture Partners
Price per Share
$xx.xx
Shares Outstanding
241,701
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Artis Ventures, City Light Capital, Gradient Ventures, Kickstart, Ocv Partners, Proof, Renn Ventures, Santa Barbara Venture Partners
11/10/2021 Series A-3 $4.01MM $xx.xx $93.24MM Artis Ventures, City Light Capital, Gradient Ventures, Kickstart, Ocv Partners, Proof, Renn Ventures, Santa Barbara Venture Partners
Price per Share
$xx.xx
Shares Outstanding
1,324,132
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Artis Ventures, City Light Capital, Gradient Ventures, Kickstart, Ocv Partners, Proof, Renn Ventures, Santa Barbara Venture Partners
08/20/2020 Series Seed-1 $3.93MM $xx.xx $31.38MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
1,191,314
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
11/25/2019 Series Seed-2 $3.5MM $xx.xx $21.38MM Array Ventures, City Light Capital, Fifty Years Vc, Gmo Venture Partners, Gradient Ventures, Harmonix, Hike Ventures, Kickstart, Precursor Ventures, Up2398
Price per Share
$xx.xx
Shares Outstanding
1,303,777
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Array Ventures, City Light Capital, Fifty Years Vc, Gmo Venture Partners, Gradient Ventures, Harmonix, Hike Ventures, Kickstart, Precursor Ventures, Up2398
11/25/2019 Series Seed-3 $74,976.41 $xx.xx $21.38MM Array Ventures, City Light Capital, Fifty Years Vc, Gmo Venture Partners, Gradient Ventures, Harmonix, Hike Ventures, Kickstart, Precursor Ventures, Up2398
Price per Share
$xx.xx
Shares Outstanding
33,515
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Array Ventures, City Light Capital, Fifty Years Vc, Gmo Venture Partners, Gradient Ventures, Harmonix, Hike Ventures, Kickstart, Precursor Ventures, Up2398
11/25/2019 Series Seed-4 $74,995.64 $xx.xx $21.38MM Array Ventures, City Light Capital, Fifty Years Vc, Gmo Venture Partners, Gradient Ventures, Harmonix, Hike Ventures, Kickstart, Precursor Ventures, Up2398
Price per Share
$xx.xx
Shares Outstanding
55,871
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Array Ventures, City Light Capital, Fifty Years Vc, Gmo Venture Partners, Gradient Ventures, Harmonix, Hike Ventures, Kickstart, Precursor Ventures, Up2398
11/25/2019 Series Seed-5 $171.31 $xx.xx $21.38MM Array Ventures, City Light Capital, Fifty Years Vc, Gmo Venture Partners, Gradient Ventures, Harmonix, Hike Ventures, Kickstart, Precursor Ventures, Up2398
Price per Share
$xx.xx
Shares Outstanding
17,131
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Array Ventures, City Light Capital, Fifty Years Vc, Gmo Venture Partners, Gradient Ventures, Harmonix, Hike Ventures, Kickstart, Precursor Ventures, Up2398
Private Companies Exploring an IPO
Last Funding Round
Company Forge Price Forge Price Change 5 Last Closed Trade Share Class Post-Money Valuation Price per Share Amount Raised
CerebrasCerebras$36.58+0.03%$xx.xxSeries F-1$2.84B$xx.xx$85MM
CoreWeaveCoreWeave$1,200.00+4.36%$xx.xxSeries C$19B$xx.xx$1.15B
ChimeChime$26.50+6.6%$xx.xxSeries G$24.93B$xx.xx$1.1B
KlarnaKlarna$447.67+20.99%$xx.xxUnknown------
Liquid DeathLiquid Death$9.49+0.21%$xx.xxSeries F-1$1.4B$xx.xx$67.61MM
CircleCircle$25.50+3.2%$xx.xxSeries F$8.05B$xx.xx$401MM
NetskopeNetskope$12.03+8.67%$xx.xxSeries H$7.5B$xx.xx$300MM
CohesityCohesity$15.66-2.12%$xx.xxSeries H-1$4.69B$xx.xx$27.5MM
SheinShein----$xx.xx--------
DataminrDataminr$11.94-1.32%$xx.xxSeries F$4.1B$xx.xx$475MM

Updated on: Feb 13, 2025

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

  1. Forge Price™ is a custom data-point calculated and disseminated by Forge Data LLC (“Forge Data”) and is a mark of Forge Data. Forge Price may rely on a very limited number of inputs in its calculation. Forge Price is prepared and disseminated solely for informational purposes. Redistribution is permitted solely with Forge’s written consent. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of Forge Price, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of Forge Price. Forge Price is derived from secondary activity on the Forge platform and other private market trading platforms, and other publicly-available datapoints collected by Forge. Forge Price is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Neither reference to company names, nor calculation of Forge Price for a specific company, implies any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company. The dollar-figure and percentage displayed indicates the per share change in dollar amount and percentage since the most recent Forge Price change. Percentages are rounded to the nearest whole number.
  2. The Last Closed Trade price displayed reflects the price at which the last trade in this company's security occurred on Forge, and can include secondary trades in any class of the company's security, or trades in units of funds holding the company's securities (the economics of which differ versus direct company ownership). The date displayed reflects the date on which the last trade in this company's security closed on Forge. This may be several weeks after the terms of the trade were agreed upon between the buyer and seller. In case of multiple trades closed on the same date, the price displayed is of either (i) the trade which terms were agreed upon most recently; or (ii) the trade with the higher notional value.
  3. Post-Money Valuation represents the estimated valuation based on company-submitted Certificates of Incorporations (COIs).
  4. Last Known Valuation represents a valuation gathered from non-COI, publicly available sources including company press releases or multiple concurring news articles.
  5. The dollar-figure and percentage displayed indicates the per share change in dollar amount and percentage since the most recent Forge Price change. Percentages are rounded to the nearest whole number.

‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.

Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.