Saama

Saama

AI-driven clinical trial analytics solutions

About Saama

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

Industries

Data & Analytics

Enterprise Software

Biotechnology

Company Size

1,001-5,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$491.2M

Headquarters

Campbell, California

Founded

1997

Overview

Saama Technologies focuses on clinical trial analytics for the life sciences sector, offering the Life Science Analytics Cloud (LSAC) that utilizes artificial intelligence to provide insights throughout the clinical trial process. Their solutions help pharmaceutical companies and contract research organizations (CROs) streamline workflows and automate tasks, allowing professionals to concentrate on critical data for better decision-making. Unlike competitors, Saama operates on a software-as-a-service (SaaS) model, providing continuous updates and improvements to clients. The company's goal is to enhance efficiency, reduce costs, and expedite drug development timelines.

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Simplify's Take

What believers are saying

  • Generative AI integration streamlines workflows and reduces clinical development delays.
  • AI-driven data quality automation ensures data integrity and reduces manual errors.
  • Recognition as a leader in industry assessments highlights Saama's competitive edge.

What critics are saying

  • Rapid AI advancements could increase competition, eroding Saama's market share.
  • Reliance on strategic partnerships poses risks if partners develop in-house solutions.
  • New CEO's strategic shifts may disrupt operations or alienate existing clients.

What makes Saama unique

  • Saama's LSAC platform offers AI-driven insights across the entire clinical trial process.
  • The company automates data quality checks, reducing manual work and enhancing decision-making.
  • Saama's strategic partnerships with Pfizer and AstraZeneca expand its AI-driven solutions' reach.

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Funding

Total Funding

$491.2M

Above

Industry Average

Funded Over

3 Rounds

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

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
YourStory
Apr 9th, 2024
Startup news and updates: Daily roundup (April 9, 2024)

AutoNxt Automation secures pre-Series A funding from Saama.

Business Wire
Feb 20th, 2024
Saama Announces Industry Veteran Bhaskar Sambasivan As New Ceo

CAMPBELL, Calif.--(BUSINESS WIRE)--Saama today announced the appointment of Bhaskar Sambasivan as Chief Executive Officer. Sambasivan succeeds Vivek Sharma, who is stepping down from his role for personal reasons after having successfully guided the company through a period of growth and expansion. An industry veteran within life sciences, Bhaskar brings a deep understanding of how technology innovations are driving today’s advances in science and medicine. As Saama CEO, Bhaskar will oversee the continued growth of the business as well as innovation in Saama’s AI-enabled SaaS products and solutions that support the full spectrum of clinical development within the life sciences industry. Bhaskar has also joined the company’s Board of Directors. Sambasivan brings more than 30 years of experience working at the center of healthcare and technology convergence leading and serving clients through business transformation

Business Wire
Feb 20th, 2024
Saama Announces Industry Veteran Bhaskar Sambasivan as New CEO

Saama announces industry veteran Bhaskar Sambasivan as new CEO.

Business Wire
Feb 12th, 2024
Saama And Pfizer Expand Agreement To Integrate Ai-Driven Data Solutions Across Rd Portfolio

CAMPBELL, Calif.--(BUSINESS WIRE)--Saama, a provider of AI-based solutions that accelerate clinical development and commercialization, today announced a newly expanded, multi-year agreement with global biopharmaceutical leader Pfizer to help expedite clinical research. The agreement represents the expansion of a strategic relationship that began in 2020 when Saama and Pfizer entered into a partnership to automate Pfizer’s data review processes with artificial intelligence (AI). The result of that initial collaboration was Smart Data Quality (SDQ), which significantly cut down the time to database lock. With this new agreement, Pfizer will continue to scale SDQ to help streamline and accelerate its data review processes across its broader portfolio of global studies. “Our initial collaboration with Pfizer for its COVID-19 vaccine demonstrated the unprecedented power of our AI-enabled technology platform to improve and accelerate the clinical trial process, and ultimately, its ability to help bring treatments to patients faster,” said Lisa Moneymaker, Chief Technology Officer and Chief Product Officer, Saama. “The opportunity to now scale across more of the Pfizer portfolio underscores the evidence-based potential of Saama’s one-of-a-kind platform to fundamentally change the way drug development is done to benefit more people around the world.”

Business Wire
Jan 22nd, 2024
Saama Redefines The Future Of Clinical Development With Groundbreaking Genai And Collaborative Platform Enhancements

CAMPBELL, Calif.--(BUSINESS WIRE)--Today, Saama announced the release of several groundbreaking features within its AI-driven platform, including generative AI (GenAI) chat and interactive review listings (IRL), creating an unparalleled, workflow-driven environment for cross-functional collaboration. For the first time, users can ask questions of their data in natural language, and instantly receive responses – eliminating costly data analysis delays. Additionally, data management and medical review teams can now work together in a single system to complete comprehensive data reviews from start to finish.“Outdated approaches to clinical development are delaying treatments from making it to market, and ultimately patients,” said Lisa Moneymaker, Chief Technology Officer and Chief Product Officer, Saama. “These cutting-edge features embedded within the Saama platform create a collaborative environment where AI can quickly surface insights and drive users to action. The result is the breakdown of operational silos and the acceleration of development timelines.”Saama is fundamentally changing how drug development is done by integrating pioneering innovations into its award-winning platform. New features and enhancements now available include:Interactive Review Listings (IRL): Data managers, medical monitors, and vendors can now work together in a single environment to complete comprehensive data reviews from start to finish

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