About ScienceIO
ScienceIO is a Healthcare company based in Boston (United States) founded in 2020 by Gaurav Kaushik, and was acquired by Veradigm in February 2024. Provider of AI solutions transforming medical text into enriched healthcare data. ScienceIO has raised $8 million across 1 funding round from investors including Veradigm, Dorm Room Fund and Will Manidis. The company has 22 employees. ScienceIO offers products and services including Identify, Redact, and Structure. Its focus areas include HealthTech, Life Sciences Tech, Research & Development and Drug Informatics. Its legal entity is CASCADE BIO, INC. Its competitors include Collaborative Drug Discovery, Qrativ and Docphin; 2 of its 3 listed competitors have raised funding.
Company details
ScienceIO was founded in 2020 and is based in Boston, United States, operating in the healthcare AI sector. Tools are offered to identify and redact protected health information from documents. Medical terms are structured and mapped to standardized concepts. Patient cohorts are selected using unstructured data such as diagnoses and test results. Analysis of patient status, risk factors, and biomarkers is facilitated through these AI-driven processes.
- Headquarters Boston, United States
- Employees 22
- Founders Gaurav Kaushik
- Stage Acquired
- SectorsHealthcare
- Website science.io
- Social LinkedIn X
- Acquired by Veradigm (Feb 2024)
- Legal Name Cascade Bio, Inc.
Products & Services of ScienceIO
ScienceIO offers a comprehensive portfolio of products and services, including Identify, Redact, and Structure.
Tool to find and integrate protected health information in medical records.
Removes protected health information from documents for privacy compliance.
Maps medical terms to concepts for enhanced data organization and analysis.
Funding Insights of ScienceIO
ScienceIO has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Seed round of $8 million completed in October 2021. 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.
- Total Funding $8M
- Total Rounds 1
- Last Round Seed — $8M
- First Round $8M
(Oct 2021)
- Investors Count 6
All 1 funding rounds of ScienceIO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $8M | Seed | – | Sea Lane Ventures |
7 investors in total: 4 institutional and 3 angel.
Investors in ScienceIO
ScienceIO has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Veradigm, Dorm Room Fund and Will Manidis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Micro VC investments are directed toward US student-led startups. | dormroomfund.com | Boston, United States | ||
Limited information is provided about Sealane Ventures' activities. | sealaneventures.com | |||
Tech startups are funded by S32, a venture capital entity. | s32.com | Sunnyvale, United States | ||
Cloud-based administrative suite solutions for healthcare organizations | 1982 | veradigm.com | Chicago, United States | |
WM Will Manidis | unknown_7be6fd570e4d48078 | |||
LG Lachy Groom | unknown_30aebe830f55405d9 | |||
JB Josh Buckley | CEO of Product Hunt, angel investor, and gaming entrepreneur | unknown_2f214c9dc53b4a289 |
Investor details for ScienceIO
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of ScienceIO
9 people are tracked at ScienceIO (6 in leadership, 3 in team); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
Gaurav Kaushik | Founder | Leadership |
Stan Miroshnikov | VP, Engineering | Leadership |
Will Manidis | Founder & CEO | Leadership |
Carolina Román-Salgado | Director, Product Engineering | Leadership |
Paul Ledbetter | Director, ML Engineering | Leadership |
Chuck Smolky | Chief Customer Officer | Leadership |
Jared Cain | Senior Software Engineer | Team |
Jessica Shapiro | UI/UX Designer | Team |
Rejón Taylor-Foster | Software Engineer | Team |
Complete people profiles for ScienceIO
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Timeline of ScienceIO
3 dated milestones of ScienceIO across 4 years, from founding to its latest funding, stage changes and deals.
- Founded ScienceIO is founded.
- Funding First funding round of $8.0M.
- Exit Acquired by Veradigm.
Competitors of ScienceIO
ScienceIO has 3 listed competitors in our database, 2 of them funded. They include Collaborative Drug Discovery, Qrativ and Docphin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| collaborativedrug.com | 2004 | Burlingame, United States | 31 | Biological and chemical data are managed securely in a database. | ||
| qrativ.bio | 2017 | Cambridge, United States | $8.3M | AI based drug purposing platform to identify treatments for rare diseases | ||
| docphin.com | 2010 | New York, United States | $1M | Medical news and research are personalized for physicians. |
Detailed competitors of ScienceIO
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Web traffic of ScienceIO
The website of ScienceIO (science.io) receives about 2.9K visits a month.
- Monthly visits2.9K
▼ 13% vs previous month
Top companies in Life Sciences Platforms & Tools
3 companies that operate in the same segment as ScienceIO (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Medidata is recognized as a leading provider of SaaS solutions for clinical research. | 1999 | New York, New York, United States | USD 41.5 M | |||
AI-based solutions for health management are provided. | 2015 | Dallas, Texas, United States | USD 2.8 B | 1,111 | ||
Real-world health data is provided for research and decisions. | 2012 | Menlo Park, California, United States | USD 259.16 M |
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Related news about Scienceio
Complete news archive for ScienceIO
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Frequently Asked Questions about ScienceIO
ScienceIO was founded in 2020 and raised its 1st funding round 1 year after it was founded.
ScienceIO is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
ScienceIO is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Seed of $8M, raised on Oct 2021.
ScienceIO has 22 employees.
ScienceIO was founded in 2020 and is based in Boston, United States, operating in the healthcare AI sector. Tools are offered to identify and redact protected health information from documents. Medical terms are structured and mapped to standardized concepts. Patient cohorts are selected using unstructured data such as diagnoses and test results. Analysis of patient status, risk factors, and biomarkers is facilitated through these AI-driven processes.
ScienceIO's top competitors include Collaborative Drug Discovery, Qrativ and Docphin.
ScienceIO offers Identify, Redact, and Structure.
ScienceIO has 7 investors. Key investors include Veradigm, Dorm Room Fund, Will Manidis, Sealane Ventures, and Lachy Groom.
ScienceIO operates through Cascade Bio, Inc..
Yes. ScienceIO was acquired by Veradigm in February 2024.