Suvoda

Suvoda

Software solutions for managing clinical trials

About Suvoda

Simplify's Rating
Why Suvoda is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Enterprise Software

Healthcare

Company Size

1,001-5,000

Company Stage

Early VC

Total Funding

$40M

Headquarters

Conshohocken, Pennsylvania

Founded

2012

Overview

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 access for new treatments.

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Simplify's Take

What believers are saying

  • AI integration in clinical trials is becoming increasingly prevalent, benefiting Suvoda's offerings.
  • Decentralized clinical trials are growing, aligning with Suvoda's virtual trial solutions.
  • Real-world evidence utilization is encouraged by the FDA, supporting Suvoda's trial designs.

What critics are saying

  • Emerging AI-driven solutions from competitors could challenge Suvoda's market position.
  • Rapid AI evolution may require Suvoda to invest heavily in R&D.
  • Data privacy concerns with AI assistants like Sofia could lead to regulatory scrutiny.

What makes Suvoda unique

  • Suvoda's IRT system offers rapid startup times, sometimes as short as four weeks.
  • The modular design of Suvoda's software allows quick adaptation for complex clinical trials.
  • Suvoda's AI assistant, Sofia, simplifies trial management with natural language queries.

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Funding

Total Funding

$40M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
Aitech365
Mar 6th, 2025
Suvoda Introduces AI Assistant 'Sofia' to Streamline Clinical Trial Management

Suvoda introduces AI assistant 'Sofia' to streamline clinical trial management.

PR Newswire
Mar 5th, 2025
Suvoda Launches Sofia, A New Ai Assistant To Simplify Management Of Clinical Trials

From many clicks to one query, drug supply managers can more quickly access, analyze, and visualize the trial supply data they need.PHILADELPHIA, March 5, 2025 /PRNewswire/ -- Suvoda LLC, a global clinical trial technology company that specializes in complex studies in therapeutic areas like oncology, central nervous system (CNS), and rare disease, today announced the early adopter launch of Sofia, an artificial intelligence assistant designed to simplify how study teams access and review clinical trial information.Sofia is available on the Suvoda Platform and can be enabled by sponsors looking to provide drug supply managers with efficient access to vital information through an intuitive chat interface, reducing what were once multi-screen, multi-click processes to simple conversations."When creating Sofia, we asked ourselves: What if clinical trial staff had an AI assistant that could alleviate their administrative burdens?" said E.K. Koh, Chief Product Officer at Suvoda. "Sofia became our answer. It's an exciting opportunity to streamline the management of clinical trials."Built with Suvoda's commitment to reliability and security, Sofia brings greater efficiency to clinical trial operations, while adhering to data privacy and other regulatory requirements in clinical research.Sofia's key capabilities include:Streamlines Information Retrieval: Users access trial information through natural language queries that simplify navigation. They can now easily find answers that otherwise would span multiple screens, putting information they need at their fingertips.Users access trial information through natural language queries that simplify navigation. They can now easily find answers that otherwise would span multiple screens, putting information they need at their fingertips

Pharmaceutical Technology
Nov 15th, 2024
Patient experience in the spotlight at Clinical Trials in Oncology Europe 2024

It follows after Suvoda launched its own purpose-built software platform designed to provide a seamless way for drug trial sponsors and sites to manage data across sites.

PR Newswire
Nov 14th, 2024
Suvoda Erhält Us-Patent Für Seine Ecoa-Softwarearchitektur

Der Low-Code- und No-Code-Ansatz beschleunigt den Entwurf und die Bereitstellung von eCOA-Fragebögen, indem er die Erstellung, Lizenzierung und Lokalisierung von Fragebögen aus dem kritischen Pfad nimmt. PHILADELPHIA, 14. November 2024 /PRNewswire/ – Suvoda, ein weltweit tätiges Technologieunternehmen für klinische Studien, das sich auf komplexe Studien in therapeutischen Bereichen wie Onkologie, Zentralnervensystem (ZNS) und seltene Krankheiten spezialisiert hat, gab den Erhalt eines Patents vom US-Patentamt für die Suvoda Questionnaire Definition Language (SQDL) bekannt, die Teil der Softwarearchitektur seines Produkts eCOA (electronic Clinical Outcome Assessment) ist. Das Patent demonstriert die Leistungsfähigkeit von Suvoda eCOA: beschleunigte Erstellung, Übersetzung, Lokalisierung und Bereitstellung von Fragebögen, damit Sponsoren klinischer Studien ihre Studien effizienter durchführen können. Während eCOA traditionell ein Engpass bei der Durchführung klinischer Studien ist, ermöglichen Suvoda eCOA und sein SQDL-Tool den Sponsoren, qualitativ hochwertige Fragebögen in wenigen Stunden statt in Tagen zu liefern

PR Newswire
Nov 14th, 2024
Suvoda Obtient Un Brevet Américain Pour Son Architecture Logicielle Ecoa

L'approche low-code/no-code accélère la conception et le déploiement des questionnaires eCOA, en éliminant du chemin critique la création des questionnaires, les licences et la localisation. PHILADELPHIE, 14 novembre 2024 /PRNewswire/ -- Suvoda, une société mondiale de technologie d'essais cliniques spécialisée dans les études complexes dans des domaines thérapeutiques tels que l'oncologie, le système nerveux central (SNC) et les maladies rares, a annoncé la réception d'un brevet de l'Office américain des brevets pour le Suvoda Questionnaire Definition Language (SQDL), qui fait partie de l'architecture logicielle de son produit eCOA (évaluation électronique des résultats cliniques). Le brevet démontre la puissance de la solution eCOA de Suvoda : accélération de la création, de la traduction, de la localisation et du déploiement des questionnaires afin que les promoteurs d'essais cliniques puissent lancer leurs études plus efficacement. Alors que l'eCOA est traditionnellement un goulot d'étranglement dans la mise en œuvre des essais cliniques, l'eCOA de Suvoda et son outil SQDL permettent aux promoteurs de fournir des questionnaires de haute qualité en quelques heures, au lieu de quelques jours

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