HealthMatch se­cures $1.3M for US ex­pan­sion

BioSpectrum (Asia) - - Start-Up News -

HealthMatch, an Aus­tralian start-up aim­ing to be­come the go-to plat­form link­ing sick pa­tients with clin­i­cal tri­als of po­ten­tial treat­ment, is tar­get­ing US ex­pan­sion af­ter a $1.3 mil­lion cap­i­tal rais­ing from Aus­tralian ven­ture cap­i­tal and US in­dus­try in­sid­ers.

The com­pany has cre­ated an on­line plat­form which uses ma­chine learn­ing to sort through the thou­sands of clin­i­cal tri­als be­ing run by con­tract re­search or­gan­i­sa­tions (CROs) in Aus­tralia and matches rel­e­vant reg­is­tered pa­tients. Its co­founders Ma­nuri Gu­nawar­dena and Ar­ran Schlos­berg needed fund­ing to hire soft­ware en­gi­neers and some mar­ket­ing and op­er­a­tions staff as the com­pany starts to grow in earnest.

The fund­ing round was led by Syd­ney-based ven­ture cap­i­tal fund Tem­pus Part­ners, which closed a $40 mil­lion fund to in­vest in lo­cal start-ups last year. The round also in­cluded back­ing from US-based in­vestors in­clud­ing What­sApp head of prod­uct An­ton Bor­zov, and Google’s direc­tor of in­tel­lec­tual prop­erty and lit­i­ga­tion Cather­ine La­cav­era.

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