Insights

AI claim efficiency SiftMed’s AI-powered platform specializes in organizing and analyzing large volumes of medical records to surface decision-ready insights, enabling faster review and defensible conclusions for insurers, IMEs, legal teams, and life care planners.

Growth and funding Recent seed funding rounds and a strategic financing led by Staircase Ventures indicate strong investor confidence and a growth runway geared toward scaling the AI platform and expanding insurance-focused teams.

Revenue trajectory With reported revenue in the multi-million range and ongoing expansion efforts, there is potential to upsell enhanced analytics, deeper integration, and premium support to existing insurance and legal clients.

Tech ecosystem A diverse tech stack including AWS, Salesforce, and web platforms suggests readiness for enterprise-grade integrations; target expansion opportunities through API partnerships and workflow automations in insurance claims ecosystems.

Awarded credibility Past recognition as Startup of the Year and continued media coverage bolster credibility; leverage this in outreach to risk managers and carriers seeking innovative, defensible documentation workflows.

Similar companies to SiftMed

SiftMed Tech Stack

SiftMed uses 8 technology products and services including Google Ads, Amazon Web Services, Wix, and more. Explore SiftMed's tech stack below.

SiftMed's Email Address Formats

SiftMed uses at least 3 email formats:
SiftMed Email FormatsExamplePercentage
First@reportmate.caJohn@reportmate.ca
100%
First@siftmed.caJohn@siftmed.ca
86%
FirstLast@siftmed.caJohnDoe@siftmed.ca
14%

Frequently Asked Questions

What is SiftMed's official website and social media links?

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SiftMed's official website is siftmed.ca and has social profiles on LinkedIn and Crunchbase.

How much revenue does SiftMed generate?

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As of August 2026, SiftMed's annual revenue is estimated to be $10M - $25M.

What is SiftMed's NAICS code?

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SiftMed's NAICS code is 5112 - Software Publishers.

How many employees does SiftMed have currently?

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As of August 2026, SiftMed has approximately 44 employees across 1 continents, including North America. Key team members include Ceo And Co-Founder: H. H., Chief Financial Officer: R. W. and Chief Operating Officer: M. W. Explore SiftMed's employee directory with LeadIQ.

What industry does SiftMed belong to?

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SiftMed operates in the Software Development industry.

What technology does SiftMed use?

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SiftMed's tech stack includes Google Ads, Amazon Web Services, Wix, WordPress, GitLab CI, Salesforce, Wix eCommerce and Salesloft.

What is SiftMed's email format?

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SiftMed's email format typically follows the pattern of First@reportmate.ca. Find more SiftMed email formats with LeadIQ.

How much funding has SiftMed raised to date?

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As of August 2026, SiftMed has raised $2M in funding. The last funding round occurred on Oct 05, 2023.

When was SiftMed founded?

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SiftMed was founded in 2022.
SiftMed logo

SiftMed

Software DevelopmentNewfoundland and Labrador, Canada11-50 Employees

Based in St. John's, Newfoundland and Labrador, SiftMed develops software for independent medical expert firms and individual IME practitioners. Its AI-driven platform is designed to organize and extract key information from medical data, enabling more efficient management of medical documents. The system is tailored to support the needs of IME professionals by speeding up the review and retrieval of relevant details.

It operates in the software development space with a focus on AI-powered medical investigations and documentation management for the medical-legal domain, aiming to cut review times by roughly 50% relative to traditional methods. In November 2023, TechNL named SiftMed Startup of the Year.

Section iconCompany Overview

Website
siftmed.ca
NAICS Code
5112 - Software Publishers
Founded
2022
Employees
11-50

Section iconFunding & Financials

  • $2M

    SiftMed has raised a total of $2M of funding over 2 rounds. Their latest funding round was raised on Oct 05, 2023 as a Non Equity Assistance.

  • $10M - $25M

    SiftMed's revenue is estimated to be in the range of $10M - $25M

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