Sieve Health

Sieve Health

Automate & Accelerate Clinical Research Operations through AI based Platform

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Security Type
Technology, Healthcare & Medical
Min Investment
Expected Close Date
April 30, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

The Clinical Trials Market is currently worth ~$47 billion, with 10% CAGR through 2026
30% of Trial Budget is spent on Patient Recruitment yet >80% trials fail to meet recruitment target
Sieve relieves administrative bottleneck in trial recruitment by using AI enabled automation
Upfront visibility & automation reducing > 90% enrollment and > 25% trial timelines
Expand trial access to research naïve community physicians (participation today ~ 5%-7%)
Enhance diversity and decentralization in Clinical Trials
Successful commercial pilots completed with intent to continued paid use by the clients
Ongoing commercial collaboration with multiple research networks & healthcare groups

Management Team / Advisory Board Bios

Arti B Co-Founder & CEODentist/Clinical Researcher with 12+yrs of experience
Exhibited success in:
-structuring and implementing innovative solutions
-operational execution of commercial and
technology strategies
-initiating & leading corporate growth initiatives, Sameer Bhoite Co-Founder & CTO-Engineer | MS | MBA with 20+ yrs in Technology development & management
-Leader of multi-disciplinary global technology teams
-Serial entrepreneur
-Exhibited success in corporate execution of commercial and technology strategies, John Neal Strategic Advisor-30+ yrs in Clinical Research
-Founder-CEO of PCRS global site network
-Former Chair-ACRP (Association of Clinical Research Professionals)
-Former COO, CFO
-Speaker | Mentor
Amount Raised : $172,526
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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