Radformation and BVP Forge Team Up to Revolutionize Cancer Care with AI

New York, NY - Radformation, a leading provider of cancer care clinical and operational software solutions, has announced a strategic partnership with BVP Forge to accelerate the development of AI-driven solutions in the field of cancer care. This collaboration aims to improve the patient experience, streamline treatment processes, and optimize revenue cycles for radiation oncology clinics worldwide.

Radformation, founded in 2016, has quickly established itself as a key player in the cancer care industry, serving over 1,400 radiation oncology clinics across 20 countries. Their portfolio of products leverages artificial intelligence and specialized workflows to aid in treatment planning, enhance patient safety, and improve revenue cycle management. With 30,000 software runs per day, Radformation has achieved phenomenal growth, experiencing 100% annual revenue growth since its inception.

The partnership with BVP Forge, a business-building program under Bessemer Venture Partners, will provide Radformation with the necessary resources and capabilities to drive global growth. BVP Forge will assist Radformation in scaling its customer growth engine, expanding its product portfolio to address broader workflows within cancer care, and extending its geographic reach. Additionally, Radformation will gain access to Bessemer Venture Partners' extensive talent network and resources, which have been instrumental in scaling healthcare and technology companies into market leaders.

Kurt Sysock, co-founder and CEO of Radformation, expressed his excitement about the collaboration, stating, "This investment represents a significant milestone in Radformation's journey, and it was apparent from our initial meeting that BVP Forge was the right partner for our next growth stage. The BVP Forge team shares our company values and culture and supports our customer-first mission of creating innovative solutions to improve the patient experience."

The partnership comes at a crucial time when the demand for efficient cancer care solutions is on the rise. Radformation has consistently delivered products that address critical pain points in the daily workflow of healthcare providers, resulting in improved patient care and faster delivery of cancer treatments. BVP Forge recognizes the tremendous potential of Radformation's products and is eager to support their journey towards revolutionizing cancer care.

Navid Oreizy, BVP Forge Partner, commented, "As evidenced by the company's best-in-class customer retention and exceptional growth, Radformation's products solve critical pain-points in the daily workflow of providers, allowing for safer and faster delivery of cancer care. We are thrilled to partner with the Radformation team and help accelerate their journey."

Brian Cramer, BVP Forge Operating Partner, also highlighted the enormous opportunity for Radformation to expand its offerings and make a substantial impact on the delivery of cancer care. "We see a significant opportunity to build on that foundation as the company expands its offerings, serves more providers around the globe, and increases its impact on the delivery of cancer care," said Cramer.

Radformation's commitment to improving the lives of clinicians and enhancing the quality of cancer treatment is at the forefront of their mission. By developing user-friendly products that automate tedious tasks and supplement the expertise of healthcare professionals, Radformation envisions a future where radiation oncology clinics are armed with cutting-edge solutions that improve patient care worldwide.

To learn more about Radformation and their innovative solutions, visit radformation.com and follow them on Twitter @Radformation.

About BVP Forge:

BVP Forge is a unique combination of a private equity firm for growth-oriented, self-sustaining software-enabled businesses and access to the Bessemer Venture Partners' global venture capital platform. Partnering with Bessemer Venture Partners, BVP Forge combines industry insights, proven growth strategies, and a robust executive network to support mission-driven teams in building successful and enduring businesses. Backed by a $780M fund, BVP Forge invests in self-sustaining companies that have the potential to transform industries. For more information, please visit bvp.com/forge.

In conclusion, the partnership between Radformation and BVP Forge signifies a significant step forward in the field of cancer care. With their combined expertise and resources, these two industry leaders are poised to revolutionize cancer treatment through AI-driven solutions. The future looks promising as Radformation continues to empower healthcare providers and improve patient outcomes around the world.