Lokavant

New York, United States Founded: 2019 • Age: 7 yrs
Provider of clinical data analytics and trial management platform for CRO
Annual revenue - Latest available
Total funding $29.0M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Lokavant

Lokavant is a company based in New York (United States) founded in 2019 by Rohit Nambisan. Lokavant has raised $29 million across 2 funding rounds from investors including Roivant Sciences, Mitsui & Co and Edison Partners. Lokavant offers products and services including Spectrum. Lokavant operates in a competitive market with competitors including eClinical Solutions, Datacubed, JNPMEDI, SolveBio and IgniteData, among others.

  • Headquarter New York, United States
  • Founders Rohit Nambisan
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Lokavant, Inc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $29 M (USD)

    in 2 rounds

  • Latest Funding Round
    $8 M (USD), Series A

    Oct 03, 2023

  • Investors
  • Employee Count
    Not available
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Products & Services of Lokavant

Lokavant offers a comprehensive portfolio of products and services, including Spectrum.

Product name locked
Category locked
Primary

Uses AI for rapid clinical trial predictions and optimization.

People of Lokavant

Headcount 10-50
Employee Profiles 5
Board Members and Advisors 5
Employee Profiles
People
Richard Gross
Senior Product Manager
People
Robert Lorusso
VP, Operations & Quality Management
People
Meredith Dees
VP, Product
People
Rohit Nambisan
CEO

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Board Members and Advisors
people
Alex Gasner
Director
people
Jeff Kozloff
Director
people
Craig Lipset
Advisor

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Funding Insights of Lokavant

Lokavant has successfully raised a total of $29M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Lokavant

Lokavant has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Roivant Sciences, Mitsui & Co and Edison Partners.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Provider of a growth equity firm for adaptive and personalized plans
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Traditional conglomerate services are provided across multiple sectors by Mitsui.
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Therapeutics for neurology, oncology, rare, and endocrinology diseases are developed.
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Investor details for Lokavant

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Lokavant

Investments
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Investment portfolio details for Lokavant

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Lokavant

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Detailed financials for Lokavant

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  • Profit trends
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Lokavant Comparisons

Lokavant Primary company
Description
Provider of clinical data analytics and trial management pla...
Location
New York, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Lokavant

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Competitors of Lokavant

Lokavant operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as eClinical Solutions, Datacubed, JNPMEDI, SolveBio and IgniteData, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based software solutions for clinical data management are provided.
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Provider of solutions for patient engagement and data management in clinical trails
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Cloud-based clinical trial data management solutions are provided.
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Genomic data analytics platform is provided for precision medicine.
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Patient data is transformed for clinical trials via archer technology.
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Detailed competitors of Lokavant

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Latest news on Lokavant

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Complete news archive for Lokavant

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Frequently Asked Questions about Lokavant

Lokavant was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Lokavant is headquartered in New York, United States. It is registered at New York, New York, United States.

Rohit Nambisan is the current CEO of Lokavant. They have also founded this company.

Lokavant is a funded company, having raised a total of $29M across 2 funding rounds to date.

Lokavant was founded in 2019 in New York, United States, and operates in the clinical trials sector. A platform is offered to Contract Research Organizations for integrating and analyzing clinical trial data. Real-time visualizations and risk alerts are generated through this system. Machine learning models are employed to predict trial risks and evaluate mitigation strategy impacts, with recommendations provided for risk management.

Lokavant's top competitors include eClinical Solutions, JNPMEDI and IgniteData.

Lokavant offers Spectrum.

Lokavant has 3 investors. Key investors include Roivant Sciences, Mitsui & Co, and Edison Partners.

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