How Much Did Progressive Radiology Raise?
Funding & Key Investors

Progressive Radiology, a provider of diagnostic imaging services, has secured significant enterprise-level funding, with the total capital raised standing at $2M. The company recently announced a major strategic investment of $2M, underscoring its growth trajectory and market position in the competitive healthcare sector.

What is Progressive Radiology?

Progressive Radiology
Healthcare ServicesMedical Laboratories & Imaging Centers

Progressive Radiology, now operating as Washington Radiology, is a key player in the medical imaging landscape, managing nine centers across the DC metropolitan area. The company offers a comprehensive suite of services, including MRI, CT scans, X-rays, and mammography, catering to both individual patients and referring physicians. Its strategic emphasis on accessibility, with multiple locations throughout Maryland and Washington, D.C., positions it as a vital resource for high-quality diagnostic referrals and patient care.

How much funding has Progressive Radiology raised?

Progressive Radiology has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for Progressive Radiology?

The recent major strategic investment signals a pivotal phase for Progressive Radiology, likely aimed at expanding its operational footprint, enhancing technological capabilities, or further integrating its service offerings. This infusion of capital, part of its $2M in total financing, suggests a strategic push to solidify its market leadership and potentially explore new geographic markets or service lines within the diagnostic imaging industry. The company's focus on accessibility and quality is expected to remain central as it navigates this growth phase.

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Frequently Asked Questions Regarding Progressive Radiology Financial Insights

What are the most recent funding rounds that Progressive Radiology has completed, and what were the funding rounds?
Progressive Radiology has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Progressive Radiology has raised to date?
Progressive Radiology has raised a total of $2M in funding to date.
How many funding rounds has Progressive Radiology completed?
Progressive Radiology has completed 1 funding rounds.
How much funding did Progressive Radiology raise in its most recent funding round?
Progressive Radiology raised $2M in its most recent funding round.
Who are the lead investors in Progressive Radiology's latest funding round?
The lead investor in Progressive Radiology'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 Progressive Radiology's history?
The largest funding round in Progressive Radiology's history was $2M.
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