// startup autopsy
InSiteOne
Medical imaging in the cloud before hospitals were ready
marketfitFire Sale
Distressed acquisition below last-round valuation · Fatal mistake: InSiteOne pioneered cloud medical imaging too early, when hospital IT procurement cycles and HIPAA compliance concerns made SaaS adoption nearly impossible to accelerate.
| Founded | 1999 |
|---|---|
| Closed | 2004 |
| Country | USA |
| Sector | Healthtech |
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Key Events Timeline
FOUNDING
InSiteOne founded in USA to deliver cloud-based medical image archiving as a managed service.
FUNDING
Company raises early-stage funding during dot-com boom to build out its PACS cloud infrastructure.
FUNDING
Final funding round of cumulative $10.25M closed just as capital markets collapse post-dot-com bust, limiting future runway.
PIVOT
InSiteOne attempts to broaden its customer base beyond radiology to general hospital IT departments amid slowing sales.
SHUTDOWN
InSiteOne acquired by Emdeon in a fire sale, ending independent operations after failing to achieve sustainable revenue growth.