History

contextflow Co-Founders (L to R): Chief Scientist Georg Langs, Professor of Data Intelligence Allan Hanbury, CEO Markus Holzer, Chief Technology Officer René Donner

contextflow is a spin-off of the Medical University of Vienna (MUW), the Technical University of Vienna (TU) and the European research project KHRESMOI. Founded in July 2016, contextflow was awarded the distinction of Most Promising Startup 2016 by the BCS Search Industry, received the Digital Innovation Award by the Austrian Federal Ministry of Education, Science and Research in 2017 and was selected as one of 19 startups out of 700+ applications to participate in the Philips HealthWorks accelerator program. In 2019 we won Best Pitch – Healthcare at the Pioneers Festival in Vienna, and the Central European Startup Awards awarded us Best Healthcare Startup – Austria.

Our Co-founders include leading AI and medical imaging experts with over 40 years’ combined experience in machine learning on medical image data and creation of efficient AI software development frameworks and 250+ peer reviewed publications for machine learning and image processing in medical computer science. And our international advisory board includes the current president of the European Society of Radiology, the president of the International Society of Radiology as well as the Head of Radiology at the General Hospital of Vienna (AKH).

We are currently testing our 3D image-based software with international proof of concept partners throughout Europe.

Our Vision

To empower radiologists to complete their daily workload faster and with higher quality and cost-efficiency by delivering a unique and scalable AI backbone that fully integrates into clinical workflows

To positively impact patient outcomes because an empowered radiologist is the most effective type of radiologist

6 Principles

Purpose
By placing our Who and Why at the forefront of decision-making, our focus on revolutionizing radiology workflows never wavers.

Agility
When tackling issues, a step-wise approach allows us to identify the simplest, shortest path to an effective solution.

Empowerment
When it comes to decision-making, we preserve radiologists’ autonomy, supplying valuable insights at the point of care while leaving medical professionals in the driver’s seat.

Patient-centricity
We aim to get accurate, case-relevant information to radiologists fast, freeing them to spend more time on what matters most: patients.

Transparency
By providing reference cases based on visual disease pattern detection, we help to eliminate AI’s proverbial black box issue: radiologists can see our technology working in real time.

Collaboration
We develop close relationships with our partners, allowing information to flow freely and quickly. We express gratitude to our network for enabling us to do what we do.

Funding

AWS
The Austria Wirtschaftsservice boosts the innovation and growth of Austrian companies by providing financial support and consulting services.

FFG
The Austrian Research Promotion Agency is the national funding agency for industrial research and development in Austria.

WAW
The Vienna Business Agency supports local and international businesses of all sizes in all phases of development, providing advice and helping expats found businesses in Austria.

H2020
This project has received funding from the European Union’s Horizon 2020 research and innovation program as part of the BigMedilytics (780495) initiative and under grant agreement No 960747.

Investors

APEX Ventures
is a European-based company builder backing technology ventures in Europe and the US, amongst others, in the fields of AI for medical applications, mobile forensics and insurance for autonomous vehicles, with a focus on unique and defendable intellectual property and above average market potential.
apex.ventures

Crista Galli Ventures
is backed by a Danish family office and invests in European and UK-based medical technology companies who develop cutting edge AI technology to improve patient outcomes. cristagalli.com

IST Cube
is a seed fund providing equity and support to deep tech and science-based startups.
ist-cube.com

Nina Capital
is an European micro-VC firm investing in need-driven founders building companies at the intersection of healthcare and information technology.
nina.capital

Honors

Science & Business Award 2016 – Rudolf Sallinger Fonds
Most Promising Startup 2016 – BCS Search Industry
Digital Innovation Award 2017 – Austrian Federal Ministry of Education, Science and Research
Philips HealthWorks 2018 Participant
Best Pitch 2019 (Healthcare) – Pioneers Festival
Best Healthtech Startup 2019 (Austria) – Central European Startup Awards

Partners

Special thanks to our trustful partners, customers and supporters.