SiftMed
PrivateLast Round
Grant
Jul 8, 2025
Total Funding Raised
$3.39M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
SiftMed operates in AI, Data & Cloud Infrastructure and is based in Canada. Its latest recorded funding round was a Grant round in July 2025.
SiftMed is a health tech company that provides an AI-powered platform designed to organize, analyze, and review unstructured medical records.
Sector
AI, Data & Cloud Infrastructure
Verticals
Medical AI, InsurTech, Legal Tech, Document Management
Business Model
B2B
Customer Profile
Subscription SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
SiftMed Comparables
Compare SiftMed with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Wisedocs | 86% | |
| InQuery | 83% | |
| Tavrn | 78% |
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SiftMed Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Jul 8, 2025 | ||||
| Grant | Dec 21, 2023 | ||||
| Grant | Feb 7, 2023 | ||||
| Seed | Feb 7, 2023 |
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Key People
Founding team and executive leadership
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SiftMed Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Sandpiper Ventures | Seed |
| Government of Newfoundland and Labrador | Grant |
| Atlantic Canada Opportunities Agency | Grant |
| Pelorus Venture Capital | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 21, 2026
Grew 16% QoQ, from 44 to 51 employees.
- Aug 20, 2026
Monthly visitors grew 128% MoM, reaching 6.8K.
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Recent news
Latest coverage and updates
- increases_headcount_byNov 3, 2026
On Nov 3rd '26, NL's $877,196 support for SiftMed Inc.'s 18-month AI medical records project creates 4 new full-time technical jobs in Canada and supports the company's growth and expansion into new markets.
- has_revenueAug 10, 2026
SiftMed Inc. records $7.5M in revenue in 2025, continuing consistent growth since its 2020 launch.
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SiftMed Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about SiftMed's valuation, stock price, and market status.
Is SiftMed a public or private company?
SiftMed is a private company.
What is the current stock price of SiftMed?
SiftMed is a private company, so its shares have no public market price. Caplight tracks SiftMed's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is SiftMed worth (valuation)?
Valuation information for SiftMed is not publicly available.
Can I buy SiftMed stock?
SiftMed shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was SiftMed's last funding round?
SiftMed's most recent funding round was Grant on July 8, 2025.
Who are the main investors in SiftMed?
Key investors in SiftMed include Sandpiper Ventures.
Will SiftMed IPO soon?
No public IPO plans have been announced for SiftMed.
How can I track SiftMed secondary market activity?
Caplight tracks bids, offers, and trades in SiftMed's shares on secondary markets.