SiftMed Closes Funding Round

St. John's-based SiftMed has raised a new round of financing led by Staircase Ventures of Toronto, bringing the company's total funding to more than $10 million as it expands its artificial intelligence platform for medical claims. Existing investors Pelorus VC and a group of Verafin founders also participated in the round, the company said. SiftMed did not disclose the amount of the latest investment. Founded to streamline the review of complex medical records, SiftMed develops AI software that