Medeloop, a pioneering medical research platform, announced the closing of a $15.5 million Series A funding round. The funding round – led by Inovia Capital and supported by significant contributions from Icon Ventures – evidences the confidence in Medeloop’s mission to transform medical research. This round also included participation from previous investors General Catalyst and Maven Ventures and new investors, including Healthier Capital, Up2 Opportunity Fund, and CFO Advisors.
Medeloop’s platform accelerates the pace of research by streamlining processes and employing autonomous AI agents to handle tasks traditionally requiring large teams. And this innovation not only speeds up research but also democratizes it, empowering individual researchers and smaller institutions to compete with well-funded, large-scale operations. By transforming data into a graph database and enriching it with connections to external datasets, the analytics platform can perform analyses up to 1,000 times faster than traditional methods, paving the way for novel insights and transformative breakthroughs in medical research.
With this funding, Medeloop is set to expand its end-to-end AI-powered platform, which significantly simplifies the complexities of medical research. And the comprehensive suite includes a grant platform for identifying and applying for funding, a dual-component studies platform featuring a mobile app for participants and a web app for researchers, a no-code analytics platform for rapid data analysis, and a manuscript publication platform. These tools are seamlessly integrated, designed to allow researchers to efficiently manage every aspect of a study from inception to publication.
KEY QUOTES:
“I founded Medeloop driven by the personal mission of finding a cure for my daughter’s Complex Regional Pain Syndrome (CRPS)—a condition still eluding effective treatment. This experience revealed the inefficiencies in current medical research and the critical need for innovative solutions. Supported by leading investors like Inovia Capital and Icon Ventures, we’ve crafted a platform that accelerates research, reduces costs, and enables significant advancements in patient outcomes. Our goal is to revolutionize healthcare research, delivering profound impacts where they are desperately needed.”
– Rene Caissie, CEO
“We couldn’t be more excited to lead Medeloop’s Series A, supporting Rene and his incredible team as they reinvent the tech stack for medical research. As we delved into the business, we spoke to dozens of researchers across North America and were impressed by their enthusiasm for the platform, which speaks to the profound impact Medeloop will have on their workflow, future innovations, and ultimately, patient outcomes. We can’t wait to get Medeloop into their hands!”
– Inovia Partner Magaly Charbonneau
