Dr. Kira Radinsky, CEO and co-founder of Diagnostic Robotics, can talk about many cases where an investor decided not to invest in her startup because she was a woman or asked questions they would never ask a man, like “how can you? Being CEO if you have kids?” However, she remains optimistic about the role women can play in tech. “I think we’re leading a new generation where it’s okay to do it all, it’s okay to be a human being. Male, female, basically any gender or race.”
Radinsky’s story is filled with hardship beginning in the womb in kyiv during the Chernobyl disaster and his family’s subsequent relocation to Israel during the Gulf War. Raised solely by her mother and her grandmother, both of whom were engineers, Radinsky began her career working with predictive models in 2006. “I was part of a team building a search engine for Microsoft when Google was barely around. In parallel, she was working with aid organizations like the UN. I predicted problems like the riots in Sudan, I really learned a lot,” recalls Radinsky. However, over time, Radinsky realized that there was an important factor regarding the predictions that made the difference. “Predicting is good, but predicting something that you can actually do something about is much better.”
CTech’s She-inspires series follows the stories of various female leaders in Israel. The interviewees come from various sectors: some work in high-level positions in large organizations, some are founders, and others are key players in industries destined to change the world for the better. The objective is to know where they come from, where they are going and how they are inspiring an entire sector that is making its way towards a glass ceiling about to explode.
After completing his PhD and his time at Microsoft, Radinsky met his co-founder, Yaron Zakai-Or. Together they created SalesPredict, a business forecasting company that works with B2B companies and helps them nearly triple their conversion rates. At one point, the company was sold to eBay, where Radinsky began eBay research, with a team of nearly 70 people located in Israel, Germany, and the US.
Alongside eBay, Radinsky decided he wanted to move into healthtech. “I always wanted to do something in healthcare, but I didn’t know anything about it. I met Prof. Varda Shalev and we decided to do something together. That’s where I started to understand the language. I always had both feet on the ground. Even when building systems, it was always important to me to see them applied. That’s because I want to solve problems that really matter. I wanted to dedicate my life to making an impact, you can’t do that from an academic perspective, especially not in healthcare. You need to build it.”
Radinsky met Prof. Moshe Shoham, the former founder of Mazor Robotics, which was sold to Medtronic for $1.6 billion in 2018. Together with Yonatan Amir, they started Diagnostic Robotics, a company developing a signal-agnostic artificial intelligence system for healthcare insurers, providers and patients The company, which helps predict which patients will benefit from proactive interventions and improves point-of-care, raised $45 million in a Series B funding round in July, raising its funding Total to date to about $70 million.
“I started building an artificial intelligence system that interviews patients in the ER and predicts how to navigate those patients so people wait less,” Radinsky explained. “In the US, the team understood a major problem: 70% of people in ERs shouldn’t have been there in the first place. So we realized the problem was in primary care and we started looking there. “.
Through that work, Radinsky understood that much of the problem is preventative. “We got access to 60 billion claims, access to doctor-patient meetings. So we built a system that detects the deterioration of patients and what we can do to stop the deterioration. The system tries to identify the patients that we can save, that is the concept of triage. We automate processes and many things are found as we go along.”
What would be your advice to other women entrepreneurs?
Radinsky equates entrepreneurship with jumping off a cliff and making your parachute as you fall. “The first thing I would tell them is to just jump in, don’t overthink it. It’s a survival thing. Then after jumping you can see how well you are doing. Also, celebrating success is important: it will empower you to get started.”