Harrison.ai Seeks U.S. Expansion After Raising Over $240 Million
Sydney-based Harrison.ai develops AI software that analyzes medical scans and generates draft reports. The company has raised more than $240 million and operates in over 40 countries.
forbes.comHarrison.ai, a Sydney-based company, develops AI software that analyzes chest X-rays and chest and brain CT scans, flags critical cases, and generates draft reports for radiologists. The software is used by 3,400 clinicians across more than 1,000 hospitals and clinics in over 40 countries.
The company completed a $112 million Series C round in February 2025, bringing total funds raised above $240 million. Investors included Aware Super, ECP Asset Management, and Horizons Ventures. In the year ended June 30, 2025, revenue from customer contracts rose 54 percent to A$7.3 million. The company recorded a net loss of A$118 million for the period.
Harrison.ai entered the United States in 2022.
It has secured contracts with Mass General Brigham, Radiology Associates of North Texas, and Inland Imaging. Chief executive Aengus Tran stated the company’s software makes 455 different diagnoses and said the U.S. is the next target market.
ai, which has raised $126 million. ai. ai’s software increased same-day reporting of suspected lung cancer cases from 20 percent to 90 percent.
Key Facts
Story Timeline
4 events- 2018
Aengus Tran and Dimitry Tran cofounded Harrison.ai during Aengus’s final year of medical school.
1 sourceForbes - February 2025
Harrison.ai completed a $112 million Series C funding round.
1 sourceForbes - Year ended June 30, 2025
Revenue rose 54 percent to A$7.3 million while the company posted a net loss of A$118 million.
1 sourceForbes - May 2026
Harrison.ai software was used by 3,400 clinicians in over 1,000 facilities across more than 40 countries.
1 sourceForbes
Potential Impact
- 01
Harrison.ai may seek additional U.S. clients following current contracts with three health systems.
- 02
U.S. hospital systems may adopt Harrison.ai software for faster scan reporting.
- 03
Radiology groups could face competition from AI tools that detect up to 455 findings.
Transparency Panel
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