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Venture Capital News: Power Emerges With $7M Seed Round

2022-08-30
SAN FRANCISCO, CA, Power, a patient-friendly platform designed to improve access to clinical trial studies, announced today that it has emerged from stealth with $7 million in seed funding.
The round was led by Footwork and CRV, with additional investments from ARTIS Ventures, South Park Commons, and AirAngels to help Power bring the process of discovering and accessing clinical trials into the future.

Power makes clinical trials easy to navigate for patients. The Power platform leverages proprietary AI to simplify medical jargon in the trials' descriptions into accessible, accurate content. The platform also connects patients with researchers for follow-up questions about the clinical trials to determine suitable potential cohorts. Power empowers patients from diverse backgrounds with information about clinical trials so they can pursue novel treatments, and helps clinical trials to succeed in bringing research and resulting therapies to more patients and diverse populations.
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