How Much Did FastRad Raise?
Funding & Key Investors

FastRad has secured $150K in total funding, with its most recent financing round bringing in $150K. This significant strategic investment underscores the company's established position in the market and its trajectory for continued expansion. The company's funding history, which includes a notable debt financing of $150M on April 12, 2020, indicates a pattern of strategic capital acquisition to fuel its growth and operational capabilities.

What is FastRad?

FastRad
Consumer ServicesRepair Services

FastRad operates as a provider of professional mobile radiology services, offering 24/7 coverage to healthcare facilities and homebound patients. The company specializes in on-demand diagnostic imaging, including mobile X-ray, EKG, ECHO, and ultrasound services. These offerings are crucial for enabling timely clinical decisions, particularly for skilled nursing facilities, clinics, and individuals with limited mobility. FastRad's commitment to minimizing disruption to patient care and its operational presence in New York, New Jersey, and Pennsylvania highlight its dedication to delivering reliable imaging solutions across a broad geographic area.

How much funding has FastRad raised?

FastRad has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in FastRad

PPP

Public-Private Partnership

What's next for FastRad?

With its recent strategic investment and substantial total capital raised, FastRad is well-positioned for its next phase of growth. The company's focus on expanding its nationwide reach and enhancing its service offerings in mobile diagnostic imaging suggests a strategic imperative to capture a larger market share. Future developments are likely to involve scaling operations, potentially through further technological integration or geographic expansion, solidifying its role as a key player in the remote healthcare services sector. The company's ability to secure significant capital indicates strong investor confidence in its business model and future prospects.

See full FastRad company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Consumer Services industry

Consumer ServicesLandscape Services
Spa and Salon ManagementConsumer Services
Automotive Service & Collision RepairConsumer Services
Automotive Service & Collision RepairConsumer Services

Frequently Asked Questions Regarding FastRad Financial Insights

What are the most recent funding rounds that FastRad has completed, and what were the funding rounds?
FastRad has recently completed 1 funding rounds: Debt on Apr 12, 2020.
What is the total amount of funding FastRad has raised to date?
FastRad has raised a total of $150K in funding to date.
How many funding rounds has FastRad completed?
FastRad has completed 1 funding rounds.
How much funding did FastRad raise in its most recent funding round?
FastRad raised $150K in its most recent funding round.
Who are the lead investors in FastRad's latest funding round?
The lead investor in FastRad's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in FastRad's history?
The largest funding round in FastRad's history was $150K.
See more information about FastRad