Stitch
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | <1m | <1m |
% growth | - | 157 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | £420k | Angel | |
* | £2.5m | Seed | |
Total Funding | €3.5m |
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Recent News about Stitch
EditStitch Health is a startup focused on revolutionizing the clinical trial experience for patients and sponsors. The company operates in the healthcare and pharmaceutical market, specifically targeting clinical trials. Their primary clients include pharmaceutical companies, clinical research organizations, and healthcare providers who conduct clinical trials.
Stitch Health offers a digital platform designed to enhance patient engagement and satisfaction during clinical trials. The platform provides clear and consistent study information, contextual reminders, and an easy way for patients to share their feedback. By doing so, it helps patients navigate their trials more effectively and ensures they are well-informed about what to do, when, and why.
The business model of Stitch Health revolves around a subscription-based service where clients pay for access to the platform. They also offer customized solutions and support, which can be an additional revenue stream. The company makes money by charging these organizations for the use of their platform, which helps in reducing participant dropout rates and improving the overall efficiency of clinical trials.
Stitch Health's platform captures real-time feedback from patients, which is then provided to trial sponsors. This enables early identification and swift resolution of issues, ultimately leading to faster and cheaper trials. By improving patient experience and retention, Stitch Health helps its clients run more successful clinical trials, bringing new therapeutics to market more quickly.
In summary, Stitch Health is dedicated to making clinical trials better by focusing on patient satisfaction and engagement, thereby supporting the efficient development of new therapeutics.
Keywords: clinical trials, patient engagement, healthcare, pharmaceutical, digital platform, real-time feedback, patient satisfaction, trial efficiency, subscription service, therapeutic development.