Fundz

SiftMed secures $5 million CAD in seed funding led by Staircase Ventures to expand its AI-powered medical claim document review software.

PRIVATEJul 17, 2026

Amount Raised

C$5 Million

Round Type

Seed

St. John'sSoftwareHealth CareArtificial IntelligenceMedicalMachine Learning

Investors

The51Pelorus VCSandpiper VenturesStaircase Ventures

Description

St. John's-based SiftMed has landed another $5 million CAD in seed funding to enhance its AI-driven software that reviews medical claims. The round, featuring existing and new investors, aims to improve the efficiency of document analysis. With this funding, SiftMed seeks to change the landscape of medical claims processing

Who else raised in Medical and Software around the same time

Companies in the same sectors as SiftMed that raised within 45 days of this round, from Fundz verified event records.

  • Odysight.ai raised $11M (Post-IPO Equity) on August 21, 2026.
  • Telepatía AI raised $33M (Series A) on July 9, 2026.
  • Clementine raised $2M (Seed) on August 28, 2026.
  • MiiHealth AI raised an undisclosed amount (Seed) on August 26, 2026.
  • Nano-X Imaging Ltd. raised $8M (Post-IPO Equity) on August 6, 2026.
  • Mediqstar raised an undisclosed amount (Series B) on August 3, 2026.

Who to call at SiftMed, and when

A new round usually means SiftMed is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day SiftMed raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at SiftMed, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at SiftMed. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

SiftMed

Location

St. John's, Newfoundland And Labrador, Canada

About

SiftMed is a St. John's-based company that offers AI-powered medical claim document review software. Its mission is to uncover important facts in medical records that can change lives. By analyzing thousands of pages of documentation efficiently, it helps speed up the medical claims review process significantly. Founded in 2020, SiftMed aims to improve the accuracy and efficiency of claim decisions for insurers.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment SiftMed raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsMike M., VP Sales and Marketing hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for SiftMed's next move

See what Strategic adds

SiftMed raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.