Power, a San Francisco, CA-based clinical trial marketplace, raised $12m in Series A funding.
The round was led by Kin Ventures and Contrary, with participation from Footwork, AirAngels, Artis Ventures, 20Growth, 14W, Moment, and Otherwise Fund.
The company intends to use the funds to continue to expand operations.
Power provides a platform for clinical trials making it easy for all patients to discover promising clinical trials and get in touch with the researchers directly.
The technology aggregates clinical trial information and feeds it into Power’s patient interface. Today, the product ushers patients through their journey in three key ways:
- Discover, by making it easy for a diverse patient base to find Power and straightforward for them to discover relevant trials.
- Evaluate, by providing patients with plain-language summaries, FAQs, and eligibility requirements, to help them understand each trial’s tradeoffs.
- Connect, by making it simple for patients to connect and communicate directly with researchers.
FinSMEs
26/02/2024