Suvoda

Suvoda

Software solutions for managing clinical trials

About

Suvoda offers software solutions for managing complex clinical trials, primarily through its Interactive Response Technology (IRT) system. This system helps with patient randomization, drug supply management, and data collection, and is designed to be modular for quick adaptation to various study types. Operating on a software as a service (SaaS) model, Suvoda provides ongoing support and additional services like virtual trial solutions. The company's goal is to streamline the clinical trial process, enabling faster market introduction of new treatments.

Company Stage

Seed

Employees

501-1,000

Industries

Enterprise Software, Healthcare

Total Funding

$38.9M

Headquarters

Conshohocken, Pennsylvania

Founded

2012


Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for decentralized trials boosts Suvoda's virtual trial offerings.
  • Low-code/no-code platforms enable faster deployment, benefiting Suvoda's SQDL tool.
  • Growing focus on patient-centric trials enhances demand for Suvoda's ePatient product.

What critics are saying

  • Rapid platform adoption may lead to scalability challenges and service disruptions.
  • ePatient product may face resistance from patients and clinical sites.
  • Low-code/no-code solutions could introduce security vulnerabilities if not managed properly.

What makes Suvoda unique

  • Suvoda's IRT system offers rapid startup times, as short as four weeks.
  • The patented SQDL tool accelerates eCOA questionnaire creation and deployment.
  • Suvoda's ePatient product unifies payments, appointments, and questionnaires in one interface.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

12%

2 year growth

40%

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