New Lantern Raises $19M To Help Radiologists Get Their Time Back

When Shiva Suri shared a home office with his radiologist mother during the pandemic, he wasn’t just witnessing a routine workday — he was uncovering an industry-wide challenge. He watched as she spent the majority of her shifts mired in tedious tasks, from drawing measurements on scans to generating reports. “Only 5% of her time, she had her radiology thinking cap on,” Suri recalled. “That was really sad.”

Suri, a former engineer at big data analytics company Confluent, saw an opportunity to eliminate these inefficiencies. With his background in technology and his firsthand understanding of the problem, he founded New Lantern, a company aiming to automate radiologists' most mundane tasks and give them back the time to focus on what matters most: analyzing scans and making critical decisions for patients.

Radiologists rely on two main tools: PACS (Picture Archiving and Communication Systems), which stores and displays medical images, and reporting software, where diagnoses are documented. Yet these systems, often outdated and disjointed, require constant switching between platforms, further compounding inefficiency.

Suri's solution was simple yet transformative: integrate these tools into a single cloud-native platform. By leveraging AI, New Lantern automates 25% of radiology workflows today, including tasks like 3D measurements and report generation. Over time, Suri envisions the platform evolving into an “AI radiology resident” capable of handling up to 90% of workflows.