SCARLETRED Holding

SCARLETRED Holding

Vienna, Austria· Est.
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Private Company

Total funding raised: $8M

Overview

SCARLETRED Holding, founded in 2016 and based in Vienna, Austria, is a digital health innovator specializing in dermatology. The company's core offering is a medical-grade, regulatory-compliant platform that combines a mobile application for standardized image capture with cloud-based AI analytics for skin assessment. This technology is deployed primarily to support decentralized clinical trials for pharmaceutical and biotech companies, as well as for tele-dermatology services. SCARLETRED positions itself at the intersection of medical device software, data analytics, and patient-centric care delivery.

DermatologyWound Care

Technology Platform

Proprietary mobile and cloud-based platform for standardized, calibrated skin image capture and AI-powered analysis. Includes a physical color calibration card (Scarletred®Vision Card) for consistent imaging across devices. The platform is a regulated Software as a Medical Device (SaMD).

Funding History

2
Total raised:$8M
Series A$6.5M
Seed$1.5M

Opportunities

The rapid growth of decentralized clinical trials creates strong demand for validated, remote measurement tools like SCARLETRED's platform.
Expansion into adjacent areas such as cosmetic dermatology trials, consumer skincare, and partnerships with large telehealth providers represent significant growth avenues.
The increasing regulatory acceptance of digital endpoints could make its technology a new standard in dermatology R&D.

Risk Factors

Intense competition from both established clinical trial technology vendors and nimble AI startups threatens market share.
Long sales cycles and the inherent conservatism of the pharmaceutical industry could slow adoption.
Evolving and complex regulatory pathways for AI-based medical software pose an ongoing compliance challenge and cost.

Competitive Landscape

SCARLETRED competes in the digital dermatology and clinical trial imaging space against large, integrated clinical trial technology providers (e.g., Medidata, IQVIA) and specialized startups offering digital endpoints or eClinical platforms. Its key differentiation is the patented hardware+software approach to standardized color calibration, which addresses a critical gap in remote skin assessment reliability. However, competitors may develop alternative technical solutions or compete on price and integration.