ScanMed Closes $1.2 Million Financing Round

ScanMed, an industry leader in MRI coil technology, has announced the closing of a $1.2 million investment round. The round was led and partially funded by Invest Nebraska Corp. The company will use the funding to support expansion in the U.S. and abroad, enhance sales and business development efforts, build additional partnerships, and create jobs. With this deal Invest Nebraska CEO Mark Crawford will be joining ScanMed’s Board of Directors.

ScanMed services any MRI coil produced worldwide. In addition, the company manufactures anatomically specific coils for specialized MRI systems. Coils are critical pieces of MRI hardware, producing the magnetic field required for the image. ScanMed is primed to continue its record growth which has doubled in each of the past two years.

“Over the past two years, I’ve gone from tinkering with MRI coils in my basement with two other employees, to leased office space in West Omaha and 20 employees. The investment gives ScanMed the means to fuel expansion, allowing us to meet demand,” said Randall Jones, ScanMed’s founder and CEO.

“ScanMed is a great example of a high-growth technology company that Nebraska is working to cultivate,” said Mark Crawford. “I’ve gotten to know Randy and his team very well through this process, and I’m confident that he’ll succeed. It’s a good deal for all involved.”

Invest Nebraska’s investment in ScanMed will accelerate the company’s R&D efforts, allowing it to continue its current success of establishing and expanding industry partnerships.