Full-Time

Chief Commercial Officer

Posted on 6/28/2024

ArteraAI

ArteraAI

51-200 employees

Personalizes prostate cancer therapy using deep learning

Biotechnology
Healthcare

Senior, Expert

Remote in USA

Category
Project Management
Business Development
Business & Strategy
Required Skills
Market Research
Sales
Communications
Mergers & Acquisitions (M&A)
Marketing
Requirements
  • Substantial experience in developing commercial strategies and building teams across multiple oncological disease sites and product lines (high priority).
  • Substantial experience bringing to market lab-developed tests and medical software or IVDs, with a proven track record of driving sales from <$10M to >$50M+ in ARR or similar (high priority).
  • Proven track record of success in senior leadership roles, with extensive experience in sales, marketing, reimbursement, and business development in the healthcare industry.
  • Experience negotiating contracts with commercial partners.
  • Experience driving commercial success at fast-growth startups, specifically in regulated healthcare markets.
  • Ability to effectively function as a player-coach, working across the spectrum of very small to very large teams.
  • Strong strategic thinking and analytical skills, with the ability to translate market insights into actionable plans.
  • Excellent communication, negotiation, and interpersonal skills, with the ability to build rapport with clients and internal stakeholders.
  • Demonstrated leadership abilities, with a focus on coaching, mentoring, and inspiring teams to achieve exceptional results.
  • Experience with oncology and biomarkers is required.
Responsibilities
  • Develop and execute a comprehensive commercial strategy across multiple oncological product lines and solid tumors. Drive revenue growth, national and international market expansion, and customer acquisition through innovative approaches.
  • Build, lead, and mentor a high-performing commercial team, including sales, marketing, reimbursement, and market access. Set clear targets and provide guidance to achieve commercial goals. Implement best practices for sales and marketing processes, pipeline management, and performance metrics. Balance the need to build a lean team at a fast-growing startup with the need to hire expertise across multiple disease sites.
  • Identify and pursue new business opportunities, partnerships, and revenue streams. Foster relationships with key clients, stakeholders, and industry partners to drive business growth and ensure customer satisfaction. Analyze and offer creative strategies to introduce Artera products to ex-US markets. These include partnerships with health systems, large clinician group practices, pharmaceutical companies, payers, and any third party entities whose products or technologies would enhance the Artera offering.
  • Conduct market research and analysis to identify trends, competitive landscape, and customer needs. Utilize insights to refine and enhance product offerings, pricing strategies, and go-to-market plans.
  • Collaborate closely with, and support, other departments, including operations, product, medical affairs, regulatory, and clinical development to align commercial efforts with overall business objectives. Champion a culture of teamwork and collaboration across the organization.
  • Build a system to monitor KPIs, sales forecasts, and financial targets to measure performance and identify areas for improvement. Implement effective reporting mechanisms to track progress and provide regular updates to the executive team.
  • Assess and mitigate risks related to commercial operations, pricing, contracts, and market fluctuations. Ensure compliance with relevant regulations and industry standards.

Artera.ai focuses on personalizing therapy for prostate cancer through its main product, the ArteraAI Prostate Test, which is a clinical laboratory test developed in-house. This test utilizes advanced multi-modal deep learning techniques to provide reliable and effective results for healthcare providers and patients. Unlike many competitors, Artera.ai's test is based on rigorous randomized phase III clinical trials, ensuring a high level of scientific validation. The company aims to enhance the treatment experience for prostate cancer patients by offering tailored solutions, and it generates revenue through the sale of its test while maintaining a commitment to continuous improvement and learning in the healthcare technology sector.

Company Stage

Seed

Total Funding

$107M

Headquarters

Menlo Park, California

Founded

2021

Growth & Insights
Headcount

6 month growth

3%

1 year growth

22%

2 year growth

81%
Simplify Jobs

Simplify's Take

What believers are saying

  • AI adoption in healthcare diagnostics boosts personalized treatment, aligning with ArteraAI's focus.
  • ArteraAI's $20 million funding supports international expansion and commercial growth.
  • Inclusion in NCCN Guidelines enhances ArteraAI's credibility and product adoption.

What critics are saying

  • Increased competition from AI diagnostic companies could erode ArteraAI's market share.
  • Regulatory changes may impose additional compliance costs for AI-based medical devices.
  • Focus on prostate cancer may limit market potential if competitors expand faster.

What makes ArteraAI unique

  • ArteraAI's platform uses multimodal AI for personalized prostate cancer therapy.
  • The ArteraAI Prostate Test is included in the 2024 NCCN Guidelines for Prostate Cancer.
  • ArteraAI collaborates with Movember to advance prostate cancer treatment research.

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