Carebox Healthcare

Carebox Healthcare

Transformational clinical trial matching technology using AI to connect patients and physicians with relevant treatment options.

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Growth Equity VC
Total Funding000k
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Carebox Health operates in the clinical trial matching sector, focusing on connecting patients, families, and physicians with treatment options available only through clinical trials. The company addresses the inefficiencies and bottlenecks in the $100 billion drug development market, which is undergoing significant changes due to precision medicine, new trial models, diversity requirements, and digital health consumer expectations. Carebox Health's core product is its AI and automation-driven technology, supervised by PhDs, which continuously indexes patient eligibility criteria for clinical trial participation. This allows for instantaneous matching of clinical and genomic profiles with all relevant studies, thereby streamlining the process of finding suitable clinical trials for patients.

Carebox Health primarily serves research hospitals, marketing teams, and overburdened call centers that need efficient ways to connect patients with clinical trials. The company operates in the healthcare and pharmaceutical markets, leveraging its advanced technology to solve a critical problem in drug development. Its business model revolves around providing this matching service to healthcare providers and research institutions, generating revenue through service fees and possibly subscription models.

The company makes money by offering its technology as a service to institutions that need to streamline their clinical trial matching processes. This includes hospitals, research organizations, and potentially pharmaceutical companies looking to improve their clinical trial recruitment and efficiency.

Keywords: clinical trials, AI technology, patient matching, drug development, healthcare, precision medicine, genomic profiles, research hospitals, automation, digital health.

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Investments by Carebox Healthcare

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EmergingMed
ACQUISITION by Carebox Healthcare Nov 2016