About ScienceIO
ScienceIO is a company based in Boston (United States) founded in 2020 by Gaurav Kaushik was acquired by Veradigm in February 2024.. ScienceIO has raised $8 million across 1 funding round from investors including Veradigm, Dorm Room Fund and Will Manidis. The company has 22 employees as of December 31, 2022. ScienceIO offers products and services including Identify, Redact, and Structure. ScienceIO operates in a competitive market with competitors including Causaly, Collaborative Drug Discovery, Qrativ, Kudos and Docphin, among others.
- Headquarter Boston, United States
- Employees 22 as on 31 Dec, 2022
- Founders Gaurav Kaushik
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Cascade Bio, Inc.
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Products & Services of ScienceIO
ScienceIO offers a comprehensive portfolio of products and services, including Identify, Redact, and Structure. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $8.0M
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First Round
First Round
(13 Oct 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Seed - ScienceIO | Valuation | Sea Lane Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Micro VC investments are directed toward US student-led startups.
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Limited information is provided about Sealane Ventures' activities.
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Tech startups are funded by S32, a venture capital entity.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by ScienceIO
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ScienceIO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Scienceio Comparisons
Competitors of ScienceIO
ScienceIO 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 Causaly, Collaborative Drug Discovery, Qrativ, Kudos and Docphin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-based data-mining tools for scientific evidence discovery are provided.
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| domain | founded_year | HQ Location |
Biological and chemical data are managed securely in a database.
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AI based drug purposing platform to identify treatments for rare diseases
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Research communication services are provided to boost visibility and impact.
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| domain | founded_year | HQ Location |
Medical news and research are personalized for physicians.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Scienceio
Frequently Asked Questions about ScienceIO
When was ScienceIO founded?
ScienceIO was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is ScienceIO located?
ScienceIO is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is ScienceIO a funded company?
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 13, 2021.
How many employees does ScienceIO have?
As of Dec 31, 2022, the latest employee count at ScienceIO is 22.
What does ScienceIO do?
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.
Who are the top competitors of ScienceIO?
ScienceIO's top competitors include Causaly, BioSymetrics and Collaborative Drug Discovery.
What products or services does ScienceIO offer?
ScienceIO offers Identify, Redact, and Structure.
Who are ScienceIO's investors?
ScienceIO has 7 investors. Key investors include Veradigm, Dorm Room Fund, Will Manidis, Sealane Ventures, and Lachy Groom.