Scan.com Closes $220M for U.S. Imaging Infrastructure

The diagnostic-imaging market has a coordination problem disguised as a capacity problem. A scanner can sit open in one part of a city while a patient waits elsewhere because the referral, price, schedule, clinical requirements, and results workflow live in systems that do not communicate cleanly.

Scan.com is financing an attempt to connect those systems at national scale. The company announced $220M in combined equity and debt financing on August 31, 2026, including a $90M Series C led by Noteus Partners and $130M of debt facilities from VerisFi Capital and Atempo Growth.

That split matters because the two forms of capital are doing different jobs. Equity supports network and technology expansion, while the debt provides working capital and M&A capacity that could help Scan.com add operating reach faster than software integrations alone.

What Happened

The $90M Series C was led by Noteus Partners, with Aviva, Concord Health Partners, YZR Capital, Oxford Capital, and other unnamed investors participating. The company did not disclose a valuation, ownership terms, or the identities of the additional investors covered by “others.”

VerisFi Capital and Atempo Growth provided $130M in debt facilities for mergers and acquisitions and working capital. Scan.com did not disclose how the facilities were divided between lenders, how much has been drawn, the maturity or covenant package, or any acquisition target.

Scan.com says revenue doubled over the prior year and surpassed a $165M annualized run rate. The company also reports that more than 900,000 patients have accessed care through its global network and that diagnostic results are typically returned within 48 hours. Those figures come from Scan.com and were not independently audited in the reviewed sources.

Why Imaging Access Remains Disconnected

Medical imaging is expensive, local, regulated, and operationally fragmented. The same MRI can be priced very differently across nearby facilities, while availability depends on scanner type, clinical protocol, staffing, subspecialty coverage, payer rules, and whether the referring provider can move the order into the facility's workflow.

Scan.com argues that the United States performs roughly 600M imaging studies each year without a national infrastructure layer comparable to the rails that Quest Diagnostics and Labcorp built in laboratory testing. The company also says 85% of scans are still booked by phone or fax, a company-reported figure that captures how much of the referral journey remains dependent on manual coordination.

The operating problem is therefore larger than search. A directory can identify a nearby imaging center, but it cannot guarantee that the facility has the right machine, an appropriate appointment, a qualified reader, a transparent price, or a clean path for returning the report to the provider and payer.

From Marketplace to Infrastructure

According to Scan.com's official company history, clinicians Dr Khalid Latief and Jasper Nissim founded the business in the UK in 2017 after seeing patients struggle with slow and opaque access to diagnostic imaging. They teamed with Charlie Bullock, Oliver Knight, and Joe Daniels, and the company grew from a marketplace connecting patients with unused imaging capacity into a network serving the UK and United States.

Charlie Bullock is Co-founder and CEO, Oliver Knight is Co-founder and COO, and Joe Daniels is Co-founder for Design Engineering. The current team also includes Chairman Kevin McGovern, CFO Carl Fawkes, CPO Humale Khan, and CTO Will Murphy.

The company's U.S. model connects health plans, employers, workers' compensation payers, third-party administrators, referring physicians, digital-health platforms, patients, and imaging centers. Scan.com says it integrates with scheduling systems and electronic medical records, matches referrals against availability, price, and subspecialty, coordinates paperwork, routes reports to specialized radiologists, and returns results and billing through one network.

The business is still making a large claim. National infrastructure must work across local facilities, payer contracts, clinical protocols, patient needs, and systems that were not designed around one another. Scale is useful only when those differences can be turned into a consistent experience rather than a larger collection of exceptions.

What the Debt Component Changes

The $130M debt component gives the announcement a different shape from a conventional venture round. Scan.com can use the facilities to support acquisitions and working capital, potentially adding provider relationships, regional operations, contracts, or workflow capabilities that would take longer to build one integration at a time.

Debt also raises the operating stakes. Acquired capacity must be integrated into one network, customer experience, reporting flow, and economic model while the company continues expanding its software and provider infrastructure. The financing does not identify what Scan.com will buy, so the acquisition thesis remains a capability rather than a disclosed transaction pipeline.

The equity investors are backing the technology and network effect around that consolidation path. Noteus General Partner Nathalie Bruls said the firm's conviction rests on years of investment in patient experience, provider connectivity, proprietary data, and AI, while Concord Health Partners Managing Partner James Olsen emphasized access, cost, and quality.

The Funding History Behind the Round

Aviva's 2023 corporate release records a $2M seed round in 2021, a $2.2M extension led by Triple Point Ventures in 2022, and its participation in the company's next phase. Scan.com then raised a $12M Series A in April 2023 to expand its diagnostic-imaging service in the United States and United Kingdom.

Forbes reported a $43M Series B led by YZR Capital in December 2023 and described $59M in total funding at that point. Because the latest release does not reconcile historical equity, debt, extensions, and cumulative totals, the cleanest current accounting is the announcement itself: $90M of new Series C equity and $130M of debt facilities.

What This Signals for Healthcare Infrastructure

Scan.com's financing reflects a broader shift in healthcare software from finding providers toward controlling the handoff between referral and care. Buyers do not only need a list of imaging centers. They need the order routed to an appropriate facility, the price understood, the appointment completed, the specialist read arranged, the report returned, and the claim handled without rebuilding the process in every market.

That is why the company's comparison with national laboratory networks is strategically useful, even if the businesses differ. The valuable layer is the one that makes distributed clinical capacity feel connected to a payer, employer, physician, or health-technology platform.

The next phase will be visible in the quality of Scan.com's integrations and any acquisitions funded by the debt facilities. Each new center or operation will add reach, but the patient and customer only experience a network when the handoffs disappear, the right scan happens sooner, and the answer returns to the people already waiting on it.