SiftMed Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 50

Employees

  • Latest Deal Type
  • Series A
  • (Upcoming)

  • Investors
  • 9

SiftMed General Information

Description

Developer of an AI-powered medical record review platform designed to organize and analyze unstructured medical data. The company's platform offers medical file review software, document organization, duplicate detection, optical character recognition, natural language processing, and AI-assisted medical record analysis, enabling clients to review medical records, extract information, and manage claims and medico-legal investigations.

Contact Information

Website
www.siftmed.ca
Formerly Known As
ReportMate
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 100 Signal Hill Road
  • Saint John's, Newfoundland and Labrador A1A 1B3
  • Canada
Primary Industry
Enterprise Systems (Healthcare)
Other Industries
Business/Productivity Software
Vertical(s)
Big Data, Artificial Intelligence & Machine Learning, InsurTech
Corporate Office
  • 100 Signal Hill Road
  • Saint John's, Newfoundland and Labrador A1A 1B3
  • Canada

SiftMed Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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SiftMed Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC (Series A) Upcoming Generating Revenue
7. Accelerator/Incubator 19-Oct-2026 Completed Generating Revenue
6. Seed Round 17-Jul-2026 Completed Generating Revenue
5. Seed Round 01-Jan-2025 Completed Generating Revenue
4. Accelerator/Incubator 12-Jul-2023 Completed Generating Revenue
3. Seed Round 07-Feb-2023 Completed Generating Revenue
2. Grant $236K Completed Startup
1. Accelerator/Incubator Completed Startup
To view SiftMed’s complete valuation and funding history, request access »

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SiftMed Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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SiftMed Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
C100 (Commercial Services) Accelerator/Incubator
Staircase Ventures Venture Capital Minority
The51 Ventures Venture Capital Minority
Creative Destruction Lab Accelerator/Incubator
East Valley Ventures Angel Group Minority
You’re viewing 5 of 9 investors. Get the full list »

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SiftMed FAQs

  • When was SiftMed founded?

    SiftMed was founded in 2020.

  • Where is SiftMed headquartered?

    SiftMed is headquartered in Saint John's, Canada.

  • What is the size of SiftMed?

    SiftMed has 50 total employees.

  • What industry is SiftMed in?

    SiftMed’s primary industry is Enterprise Systems (Healthcare).

  • Is SiftMed a private or public company?

    SiftMed is a Private company.

  • What is SiftMed’s current revenue?

    The current revenue for SiftMed is .

  • How much funding has SiftMed raised over time?

    SiftMed has raised $8.37M.

  • Who are SiftMed’s investors?

    C100 (Commercial Services), Staircase Ventures, The51 Ventures, Creative Destruction Lab, and East Valley Ventures are 5 of 9 investors who have invested in SiftMed.

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