How Much Did Paramus MRI Raise?
Funding & Key Investors

Paramus MRI, a provider of specialized MRI services, has secured significant capital, with total funding reaching $371K. The company recently announced a major strategic investment of $221K, underscoring its position in the competitive healthcare imaging sector. This latest financing round follows a history of debt financing, indicating a shift towards growth-oriented capital infusion.

What is Paramus MRI?

Paramus MRI
Healthcare ServicesMedical Laboratories & Imaging Centers

Paramus Medical Imaging Radiology, operating as Paramus MRI, is dedicated to delivering precise and patient-centric MRI services. Located in Paramus, Bergen County, NJ, the facility operates daily from 7 am to 11 pm, catering to both individual patients seeking high-quality radiological diagnostics and healthcare professionals requiring reliable imaging referrals. The company's core mission revolves around maintaining a standard of excellence in patient care and ensuring the utmost accuracy in diagnostic imaging.

How much funding has Paramus MRI raised?

Paramus MRI has raised a total of $371K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$221K

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

Debt (2021): $221K led by PPP

Key Investors in Paramus MRI

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Paramus MRI?

The substantial capital infusion, particularly the recent strategic investment, signals Paramus MRI's intent to scale operations and potentially expand its service offerings or technological capabilities. As a late-stage company, this financing is likely earmarked for enhancing market penetration, upgrading advanced imaging equipment, or broadening its network of referring physicians. The company's focus on patient comfort and imaging accuracy, combined with strategic financial backing, positions it for continued growth and a strengthened presence in the New Jersey healthcare market.

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Frequently Asked Questions Regarding Paramus MRI Financial Insights

What are the most recent funding rounds that Paramus MRI has completed, and what were the funding rounds?
Paramus MRI has recently completed 2 funding rounds: Debt on Feb 11, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Paramus MRI has raised to date?
Paramus MRI has raised a total of $371K in funding to date.
How many funding rounds has Paramus MRI completed?
Paramus MRI has completed 2 funding rounds.
How much funding did Paramus MRI raise in its most recent funding round?
Paramus MRI raised $221K in its most recent funding round.
Who are the lead investors in Paramus MRI's latest funding round?
The lead investor in Paramus MRI'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 Paramus MRI's history?
The largest funding round in Paramus MRI's history was $221K.
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