Volpara Health
Volpara Health, founded in 2009 in New Zealand and acquired by Lunit Inc. for $193M in May 2024, develops AI-powered mammography quality management and breast cancer risk assessment software (Scorecard, Risk Pathways, Analytics, Live, Patient Hub) licensed via enterprise subscription to hospitals, radiology practices, and healthcare systems across 65+ countries.
- Company typePrivate
- Founded2009
- HeadquartersWellington, New Zealand
- Headcount5,001–10,000
- GTM typeB2B
- OfferingSoftware
What Volpara Health does
Volpara Health Technologies Limited is a New Zealand-originated medical AI software company founded in 2009 that builds tools for breast cancer detection and mammography quality management. Its product suite centers on automated breast density assessment (Volpara Scorecard), personalized breast cancer risk evaluation (Volpara Risk Pathways), mammography workflow analytics (Volpara Analytics), real-time image quality monitoring (Volpara Live), and patient-facing mammography reporting (Patient Hub). Core technology is built on deep learning models trained on diverse mammography and tomosynthesis image datasets, with computer vision, predictive analytics, and anomaly detection capabilities integrated into radiology workflows.
Volpara was acquired by South Korean medical AI company Lunit Inc. in May 2024 for $193 million and now operates as a wholly-owned subsidiary within Lunit's broader cancer screening and precision oncology portfolio. Post-acquisition, the Volpara suite is sold alongside Lunit's AI cancer detection products (Lunit INSIGHT MMG for 2D mammography, Lunit INSIGHT DBT for 3D tomosynthesis, Lunit INSIGHT CXR for chest X-ray) and its SCOPE biomarker/companion diagnostic line, forming an integrated breast cancer ecosystem deployed across more than 330 sites in 65+ countries and supporting over 1 million mammography examinations annually.
Revenue mechanics are enterprise B2B subscription licensing of AI radiology software to hospitals, radiology practices, and healthcare systems, sold through direct field sales and channel partnerships (including a 2025 ACR Learning Network Vendor Partner designation with the American College of Radiology). Customer segments are concentrated in healthcare providers and radiology practices, with secondary reach into academic medical centers. Pricing is quote-based and annual, typical of regulated medical AI deployments, with no public pricing disclosed. The company is now structurally part of Lunit Inc. (KRX: 328130), a publicly traded entity on the Korea Exchange.
Volpara Health firmographics
Firmographics- Name
- Volpara Health
- Legal name
- Volpara Health Technologies Limited
- Website
- https://volparahealth.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Acquired
- Headcount range
- 5,001–10,000 employees
- Short description
- Volpara Health, founded in 2009 in New Zealand and acquired by Lunit Inc. for $193M in May 2024, develops AI-powered mammography quality management and breast cancer risk assessment software (Scorecard, Risk Pathways, Analytics, Live, Patient Hub) licensed via enterprise subscription to hospitals, radiology practices, and healthcare systems across 65+ countries.
- Ownership category
- akta.pro rank
Volpara Health industry classification
Industry- Product category
- Medical Imaging AI Software
- NAICS
- Software Publishers (5132)
- SIC
- Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Quality, Peer Review & Compliance Tools (MQSA/ACR/QA) (HLACALAL)
- akta.pro secondary industries
- Teleradiology Platforms & Reading Workflow (HLACALAK), Imaging Informatics & Workflow (PACS/RIS/VNA) (HLAHABAI), Diagnostic & Triage Decision Support (HLACAGAA), Imaging Interoperability & Standards Enablement (DICOM/HL7/FHIR/IHE) (HLACALAJ)
Keywords
Where Volpara Health is headquartered
LocationHeadquarters
- HQ city
- Wellington
- HQ country
- New Zealand
- HQ region
- Oceania
Offices2 records
Markets served
Volpara Health business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Medical AI Software Licensing: Enterprise licensing of AI-powered mammography software to healthcare institutions. The software includes density assessment, risk assessment, quality management, and reporting solutions sold to hospitals and radiology practices.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise healthcare institution licensing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Volpara Health product offering
Product offeringCore offering
Volpara Health provides AI-powered software solutions for breast cancer screening and mammography analysis. Its platform includes tools for mammography quality assurance, breast density assessment, cancer risk prediction, and AI-assisted cancer detection, primarily used by radiology clinics, hospitals, and breast imaging centers. Following acquisition by Lunit Inc. in May 2024, the offering has been integrated into Lunit's broader cancer screening ecosystem.
Product overview
Volpara Health, acquired by Lunit in May 2024 for $193 million, operates as part of Lunit's AI-powered cancer screening ecosystem. The product portfolio centers on breast cancer detection and includes the Volpara-branded mammography quality management suite (Volpara Scorecard, Volpara Risk Pathways, Volpara Analytics, Volpara Live) alongside Lunit's core AI radiology products (Lunit INSIGHT MMG for 2D mammography, Lunit INSIGHT DBT for 3D tomosynthesis, Patient Hub for mammography reporting). The Volpara products focus on mammography workflow optimization—automated density scoring, personalized risk assessment, quality analytics, and real-time monitoring—while Lunit INSIGHT products provide the underlying AI cancer detection capabilities. The combined ecosystem supports over 1 million mammography examinations annually across 200+ U.S. healthcare institutions.
Differentiator
Problem solved
Functional benefit
Brands
- Volpara Scorecard: Density assessment solution for mammography screening
- Volpara Risk Pathways
- Volpara Analytics
- Volpara Live
Products and services
- Volpara Scorecard
- Volpara Risk Pathways
- Volpara Analytics
- Volpara Live
- Patient Hub
- Lunit INSIGHT MMG
- Lunit INSIGHT DBT
Quantifiable outcome
- Over 1 million mammography examinations analyzed annually
- +2 more outcomes
Companies that use Volpara Health
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles1 record
Volpara Health technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature6 records
Volpara Health partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- American College of Radiology (ACR)coreVolpara Health was designated as ACR Learning Network Vendor Partner to improve mammography quality and breast cancer detection nationwide. The partnership focused on optimizing mammography positioning to meet ACR criteria, resulting in measurable improvements in image quality across healthcare providers through data-driven insights and technical improvement programs.
Scale indicators6 records
Recent moves5 records
Expansion highlights5 records
Volpara Health competitors and assessment
Company assessmentBroad incumbents
- Hologic: Hologic is a direct competitor in 3D mammography (Selenia Dimensions) and bundles its Genius AI detection software with hardware, giving it distribution advantage in the same hospital radiology departments Volpara serves.
- GE HealthCare: GE HealthCare manufactures mammography systems (Senographe) and embeds AI breast imaging capabilities, competing with Volpara/Lunit as a broad incumbent that can bundle detection with hardware.
- Siemens Healthineers: Siemens Healthineers produces mammography modalities and AI-empowered breast imaging software (AI-Rad Companion), operating as a broad incumbent that overlaps with Volpara's mammography informatics portfolio.
- Fujifilm Healthcare: Fujifilm offers digital mammography systems and breast imaging IT, competing with Volpara as a broad incumbent with both hardware and radiology informatics offerings.
- Philips: Philips provides mammography systems (MicroDose) and broader radiology informatics, making it a broad incumbent whose enterprise imaging suite overlaps with Volpara's PACS-integrated workflow tools.
- Lunit Inc. Lunit is the parent company of Volpara following the May 2024 acquisition and directly operates INSIGHT MMG/DBT detection and the SCOPE precision-oncology suite, now integrating Volpara's quality and risk modules.
Direct peers
- iCAD, Inc. iCAD provides ProFound AI, a direct competitor to Lunit INSIGHT for breast cancer detection on mammography and DBT, sold to the same healthcare institution customer base.
- DeepHealth (RadNet subsidiary): DeepHealth (formerly iCAD) competes directly with Volpara/Lunit INSIGHT in AI-powered mammography detection and breast density assessment, serving similar hospital and outpatient imaging customers.
- ScreenPoint Medical: ScreenPoint Medical offers Transpara, a directly competing AI breast imaging detection and triage platform for 2D and 3D mammography, targeting the same radiology workflow as Lunit INSIGHT MMG/DBT and Volpara.
- Therapixel: Therapixel's MammoScreen is an AI mammography decision-support tool directly comparable to Lunit INSIGHT MMG and Volpara Scorecard, addressing the same radiologist reading workflow.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Volpara Health social profiles
Digital presenceVolpara Health compliance and trust
Trust signalCompliance1 record
Volpara Health financial estimates
Financial estimateRevenue estimate
Valuation estimate
Volpara Health leadership team
Management profileNumber of profiles
Profiles4 records
Volpara Health funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Volpara Health M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Volpara Health
What does Volpara Health do?
Volpara Health provides AI-powered software solutions for breast cancer screening and mammography analysis. Its platform includes tools for mammography quality assurance, breast density assessment, cancer risk prediction, and AI-assisted cancer detection, primarily used by radiology clinics, hospitals, and breast imaging centers. Following acquisition by Lunit Inc. in May 2024, the offering has been integrated into Lunit's broader cancer screening ecosystem.
Is Volpara Health a public or private company?
Volpara Health is a private company. It is classified as corporate owned and is currently acquired.
When was Volpara Health founded?
Volpara Health was founded in 2009. It employs 5,001 to 10,000 people.
Where is Volpara Health based?
Volpara Health is headquartered in Wellington, New Zealand, in the Oceania region.
How does Volpara Health make money?
One revenue line is on record: medical AI Software Licensing.
Who are Volpara Health's main competitors?
Broad incumbents on record are Hologic, GE HealthCare, Siemens Healthineers, Fujifilm Healthcare, Philips and Lunit Inc.. Direct peers are iCAD, Inc., DeepHealth (RadNet subsidiary), ScreenPoint Medical and Therapixel.
Does Volpara Health have an API?
No public API is recorded for Volpara Health.
What industry is Volpara Health in?
Volpara Health's product category is Medical Imaging AI Software. Its primary akta.pro industry code is HLACALAL, Quality, Peer Review & Compliance Tools (MQSA/ACR/QA), with a secondary code of HLACALAK, Teleradiology Platforms & Reading Workflow. Its NAICS code is 5132 and its SIC code is 3841.