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Full-Time

Business Development Manager

Med Device

Posted on 7/23/2024

Segmed

Segmed

11-50 employees

Provides access to de-identified medical data

Data & Analytics
Hardware
AI & Machine Learning
Biotechnology
Healthcare

Compensation Overview

$110k - $160kAnnually

Mid

Remote in USA

Category
Business Development
Business & Strategy
Required Skills
Sales
Requirements
  • 3+ years of sales experience selling into med device companies in healthcare
  • Track record of success with pipeline development and closed sales
  • Strong problem-solving and negotiation skills
  • Demonstrated success in consultative technical sales and deployment projects
  • Solid understanding of healthcare ecosystems
  • Excellent communicator, both interpersonal and written
  • Enjoys working independently and as part of a team
  • Exceptional attention to detail
  • Comfortable working in a rapidly changing startup environment
  • Well organized and able to prioritize across many projects at once
  • Enjoys working remotely
Responsibilities
  • Generate leads proactively with potential new customers
  • Cold outreach to companies in the med device space
  • Manage, nurture, and grow a pipeline of interested prospects
  • Explain the value of Segmed’s platform to med device customers
  • Complete order quoting support and associated SOWs
  • Drive and close sales, driving consensus across diverse stakeholders
  • Build and nurture long-term business relationships with customers
  • Track all sales opportunities in CRM and provide forecasts
  • Evaluate and optimize performance through metrics and KPIs
  • Attend relevant conferences and trade shows
  • Work collaboratively with various teams

Segmed offers a platform that provides access to millions of de-identified and standardized medical images and records for research and development in healthcare. This service is especially valuable for artificial intelligence teams that require large volumes of diverse medical data. Unlike its competitors, Segmed not only supplies essential data quickly but also helps healthcare organizations monetize their unused medical data, creating a passive revenue stream. The company's goal is to facilitate faster medical research by making valuable data easily accessible.

Company Stage

Seed

Total Funding

$18.4M

Headquarters

Stanford, Kentucky

Founded

2019

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

33%
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Simplify's Take

What believers are saying

  • The launch of Openda and its advanced capabilities can significantly enhance user experience and data accessibility for healthcare professionals and researchers.
  • Partnerships with industry leaders like Nvidia and RadImageNet position Segmed at the forefront of AI-driven medical imaging innovation.
  • The company's ability to help healthcare organizations monetize their data assets provides a unique value proposition and potential for passive revenue streams.

What critics are saying

  • The competitive landscape in medical data acquisition and AI healthcare solutions is intense, requiring continuous innovation to maintain a leading position.
  • Dependence on partnerships for synthetic data generation could pose risks if collaborations face challenges or dissolve.

What makes Segmed unique

  • Segmed's focus on de-identified, standardized medical images and records specifically for AI healthcare projects sets it apart from general medical data providers.
  • The company's ability to deliver machine-readable data within days accelerates R&D timelines, a critical advantage in the fast-paced medical field.
  • Segmed's rebranding to Openda and partnerships with Nvidia and RadImageNet for synthetic data generation highlight its commitment to innovation and expanding its data solutions.
INACTIVE