When was SiftMed founded?

SiftMed was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Where is SiftMed located?

SiftMed is headquartered in Mount Pearl, Canada.

Who is the current CEO of SiftMed?

Holly Hill of SiftMed. They have also founded 1 company.

Which legal entities is SiftMed associated with?

SiftMed is associated with Siftmed Inc..

How many employees does SiftMed have?

As of Aug 31, 2026, the latest employee count at SiftMed is 49.

Is SiftMed a funded company?

SiftMed is a funded company, having raised a total of $7.83M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2023.

When was the latest funding round of SiftMed?

SiftMed's latest funding was a $***** Seed round on Jul 17, 2026, with participation from 4 investors.

Where does SiftMed rank among its competitors?

SiftMed ranks 16th amongst 386 active competitors, of which 43 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Notable Systems, which secured an undisclosed amount in Aug, 2026.

Who are the top competitors of SiftMed?

SiftMed's top competitors include Heidi, Latent and Augmedix. Among them, Notable Systems secured the most recent funding round in August, 2026.

SiftMed - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of AI-based platform for medical document analysis and management. It offers a platform that transforms medical file processing to help healthcare professionals find facts for better patient outcomes.

Website: www.siftmed.ca/
Email ID: *****@siftmed.ca

Key Metrics

Founded Year

2020

Location

Mount Pearl, Canada

Stage

Seed

Total Funding

$7.83M in 3 rounds

Latest Funding Round

Seed, Jul 17, 2026, $*****

Investors

Staircase Ventures & 5 more

Ranked

16^th among 386 active competitors

Employee Count

49 as on Aug 31, 2026

Similar Companies

Heidi & 472 more

View SiftMed's full profile

SiftMed is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Siftmed Inc. CIN: 16598579 , Canada, Active		-	-	-

SiftMed has raised a total funding of $7.83M over 3 rounds. Its first funding round was on 2023. Its latest funding round was a Seed round on Jul 17, 2026 for $*****. 4 investors participated in its latest round. SiftMed has 6 institutional investors.

Here is the list of recent funding rounds of SiftMed:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 17, 2026	6431229	Seed	1715954	1077134	4216393	1391851
2025	8860	Seed	9550	7898	8569	3943
2023	2220	Seed	3130	7523	5463	1152

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View details of SiftMed's funding rounds and investors

The founders of SiftMed is Holly Hill. Holly Hill is the CEO of SiftMed.

Here are the details of SiftMed's key team members:

Holly Hill: Co-Founder & CEO of SiftMed.

SiftMed's Board of Directors

SiftMed's board has 3 active members. Jamie King, Sarah Murphy and Kathryn Lockhart are independent board members.

Here is the list of SiftMed's board of directors:

Name	Type	Representing	Status	Duration
Jamie King	Independent board member	-	Current	1y 8m
ulzvjjj	Independent board member	-	Current	5y 4m
kgjnqoz	Independent board member	-	Current	7y 9m

View details of SiftMed's Founder profiles and Board Members

SiftMed's employee count trend

SiftMed has 49 employees as of Aug 26. Here is SiftMed's employee count trend over the years:

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Top competitors of SiftMed include Heidi, Latent and Augmedix. Here is the list of Top 10 competitors of SiftMed, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Heidi 2019, Melbourne (Australia), Series B	Developer of an AI assistant designed for clinical documentation support	$96.6M	Blackbird Ventures, Headline & 15 others	70/100
2nd	Latent 2022, San Francisco (United States), Series A	Developer of medical language models to automate hospital operations	$80.5M	Spark Capital, Transformation Capital & 6 others	62/100
3rd	Augmedix 2012, San Francisco (United States), Acquired	AI-powered medical documentation and clinical support solutions	$118M	DCM Ventures, Redmile Group & 23 others	61/100
4th	NVoq 2000, Boulder (United States), Series C	Cloud based Speech Recognition Solutions	$70.4M	-	60/100
5th	Freed 2022, Santa Rosa (United States), Series A	AI-powered medical scribe for clinicians that transcribes patient information	$34M	Sequoia Capital, Scale Venture Partners & 4 others	58/100
6th	Wisedocs 2018, Toronto (Canada), Series A	Provider of an artificial intelligence platform for medical record review and claims processing	$17.2M	Ripple Ventures, Information Venture Partners ... & 10 others	57/100
7th	Notable Systems 2015, Denver (United States), Series B	Provider of patient health data capturing and accessing solutions	$24.1M	Xifin, FirstTracks Ventures & 2 others	54/100
8th	Tali AI 2020, Toronto (Canada), Seed	Provider of AI-based chatbot for doctors	-	WELL Ventures, Esplanade Ventures & 4 others	53/100
9th	Clinithink 2009, Alpharetta (United States), Series A	AI solutions unlocking healthcare insights from unstructured data, empowering better decisions	$7.2M	Merck Global Health Innovation Fund, Development Bank of Wales ... & 2 others	52/100
10th	DeliverHealth Solutions 2000, Burlington (United States), Funding Raised	Provider of EHR management software for healthcare professionals and organisations	-	Assured Healthcare Partners, Nuance	51/100
16th	SiftMed 2020, Mount Pearl (Canada), Seed	Provider of AI-based platform for medical document analysis and management	$7.83M	East Valley Ventures, The51 & 4 others	45/100