Total raised
$17.9M
Last: Series B 2023-03
Stage
Series B
Founded
2016
Headcount
39
HQ
Ramat Gan
Sector
Health Tech & Life Sciences
About
Beaconcure has developed an automated solution, supported by machine learning, for clinical data validation. The technology was designed to support regulatory submissions in drug and vaccine development.
The company developed Verify, an automated SaaS system using machine learning and natural language processing to manage clinical trial output data. The system automates the validation of statistical analysis clinical outputs. Developed specifically for the needs of clinical trial quality assurance, Verify allows users to bring a production-ready product to market faster, without compromising quality.
Funding history · 3 rounds · $17.9M total
2023-03
Series B
$14.0M
2021-11
Series A
$2.0M
2018-03
Seed
$1.2M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Beaconcure's primary product?
- Beaconcure's primary product is Verify, an automated SaaS system that uses machine learning and natural language processing to manage and validate clinical trial output data, specifically for statistical analysis clinical outputs.
- When was Beaconcure founded?
- Beaconcure was founded in January 2016.
- Where is Beaconcure's headquarters located?
- Beaconcure's headquarters is located in Ramat Gan, Israel, at Bialik St 147.
- How much funding has Beaconcure raised in total?
- Beaconcure has raised a total of $17,900,000 in funding.
- When did Beaconcure complete its Series B funding round?
- Beaconcure completed its Series B funding round in March 2023, with NewVale Capital as a lead investor.
- Which investor led Beaconcure's Seed round?
- Beaconcure's Seed round in March 2018 was led by Random Forest VC.
- Does Beaconcure have an office in the United States?
- Yes, Beaconcure has an office in Needham, MA, USA, at 117 Kendrick St.
- How many employees does Beaconcure currently have?
- Beaconcure currently has 39 employees.
- Has Beaconcure received any grants?
- Yes, Beaconcure received a grant of $700,000 from the IIA in January 2018.
Sectors & technology
Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesDigital HealthcareClinical Workflow
Technologies
Artificial IntelligenceMachine LearningNatural Language ProcessingPlatforms & InterfacesSoftware
Target customers
Healthcare & Life SciencesHealthcareProvidersLife SciencesPharmaceuticalsEducationHigher EducationFinancial ServicesFinancial ProductsInsurance
Business model
B2B
Highlights
1 PatentsVerified
Tags
clinical-trialspharmaceuticalsregulationnatural-language-processinghospitalshealthcare-providersinsurance-companiespharma-companiesmachine-learningacademiadata-analyticsartificial-intelligencedigital-healthcaredecision-supportalgorithmssoftware-developmentcloud-based