Insights

AI for claims SiftMed specializes in AI-driven medical document review and claims extraction, presenting an opportunity to upsell to insurers or third-party administrators seeking faster, accurate claim processing and reduced review times.

Expansion Pulse Recent seed funding and a later round to scale the AI platform indicate momentum and capacity to handle larger customers, making enterprise deals with mid to large insurers or healthcare networks a viable sales target.

Regulatory Readiness Investments from government-related funding and data security certification groundwork suggest readiness for regulated environments, aligning well with health plans and providers needing compliant data handling solutions.

Industry Positioning Recognized as Startup of the Year by TechNL and active in the Canadian market point to credibility and local reference customers, which can accelerate pilots with regional insurers, IME networks, and medical groups.

Tech Stack Fit Utilizes cloud and modern tooling (AWS, Google Workspace, GitLab, Bootstrap) which can ease integration work for IT teams; targeting clients with similar stacks could streamline procurement and deployment.

Similar companies to SiftMed

SiftMed Tech Stack

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

  • Google Ads
    Advertising
  • Wix
    Content Management System
  • Cloudflare DNS
    Domain Name Services
  • Google Workspace
    Email
  • AWS Step Functions
    Frameworks And Libraries
  • Amazon ECS
    Infrastructure As A Service
  • GitLab
    Issue Trackers
  • Bootstrap
    UI Frameworks

SiftMed's Email Address Formats

SiftMed uses at least 2 format(s):
SiftMed Email FormatsExamplePercentage
First@reportmate.caJohn@reportmate.ca
100%
First@siftmed.caJohn@siftmed.ca
89%
FirstLast@siftmed.caJohnDoe@siftmed.ca
11%

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 LinkedInCrunchbase.

How much revenue does SiftMed generate?

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As of July 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 July 2026, SiftMed has approximately 44 employees across 1 continents, including North America. Key team members include Ceo And Co-Founder: H. H.Chief Operating Officer: M. W.Chief Privacy Officer & Head Of Product: Z. C.. 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 AdsWixCloudflare DNSGoogle WorkspaceAWS Step FunctionsAmazon ECSGitLabBootstrap.

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 July 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, 2023as a non_equity_assistance.

  • $10M - $25M

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

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, 2023as a non_equity_assistance.

  • $10M - $25M

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

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