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Research Grid announced a $6.4 million seed round, led by Fuel Ventures , with participation from Ada Ventures and Morgan Stanley Inclusive Venture Lab .
The company is trying to make clinical trials more efficient by automating administrative and data management.
It hails itself as the the the only software that can automate full back-office trials.
The hardest part for Hill was getting the company off the ground during the pandemic as a solo founder. She managed through and is now in growth mode. Revenue grew over 20x last year and is expected to continue to grow, she said. The company is working across Big Pharma, Contract Research Organisations, and Clinical Sites , hiring more experts, and improving their AI technology. “ AI is expediting precision medicine, drug development operations, and changing the care pathway for everyone,” she said. “It’s here to stay.”.
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