3Aware

3Aware

AI-driven platform for medical device surveillance

About

3Aware.ai focuses on post-market surveillance (PMS) for medical devices, helping manufacturers comply with regulations like the EU Medical Device Regulation (MDR). Their main product, aiSurveillance, is a real-time software platform that combines three separate solutions into one, allowing for efficient access, analysis, and alerts regarding real-world clinical data. By using artificial intelligence, the platform automates data collection and analysis, which helps clinical and regulatory teams save time and reduce costs. Unlike competitors, 3Aware.ai offers a customizable solution tailored to the specific needs of each client, ensuring ongoing support and updates through a subscription-based model. The goal of 3Aware.ai is to enhance the safety and effectiveness of medical devices while streamlining compliance processes for manufacturers.

Company Stage

Seed

Employees

11-50

Industries

Data & Analytics, Healthcare

Total Funding

$2.1M

Headquarters

Indianapolis, Indiana

Founded

2022


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Simplify's Take

What believers are saying

  • The integration with Mayo Clinic enhances device coverage and automates post-market clinical follow-up.
  • 3Aware's aiSurveillance reduces compliance costs by 50% and time by 90%.
  • The appointment of Prashant Thumma as CTO strengthens 3Aware's technology leadership.

What critics are saying

  • Over-reliance on Mayo Clinic data may limit diversity and increase vulnerability.
  • New CTO Prashant Thumma's strategies might disrupt current operations or delay projects.
  • Raising $8 million in equity suggests potential cash flow challenges for 3Aware.

What makes 3Aware unique

  • 3Aware.ai integrates three solutions into one platform, enhancing efficiency in post-market surveillance.
  • The aiSurveillance platform automates data collection, reducing time and costs for MedTech companies.
  • 3Aware's collaboration with Mayo Clinic provides access to extensive, diverse clinical data.

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Growth & Insights
Headcount

6 month growth

-3%

1 year growth

18%

2 year growth

23%

Benefits

Unlimited Paid Time Off

Remote Work Options

Flexible Work Hours

401(k) Company Match

Health Insurance

Vision Insurance

Dental Insurance

Life Insurance

Disability Insurance

Professional Development Budget

Stock Options

Wellness Program

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