Saama Technologies

Saama Technologies

Saama is the leading data science services and solutions company delivering Analytics Advantage to Global 2000 clients..

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$430m

Growth Equity VC
Total Funding000k
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Saama Technologies is a cutting-edge company specializing in clinical trial analytics for the life sciences sector. Their flagship product, the Life Science Analytics Cloud (LSAC), leverages artificial intelligence (AI) to provide deep insights across the entire clinical trial process. This helps pharmaceutical companies and contract research organizations (CROs) streamline workflows, automate labor-intensive tasks, and enhance collaboration among various teams such as clinical operations, data management, medical review, and biostatistics.

Saama's solutions are designed to address the needs of multiple roles within the clinical trial ecosystem, including executive teams, clinical operations, data managers, medical monitors, and pharmacovigilance teams. By automating data quality checks and eliminating manual work, Saama enables these professionals to focus on critical data points that drive better decision-making and faster drug development.

The company operates in the life sciences market, specifically targeting pharmaceutical companies and CROs that are involved in drug development and clinical trials. Saama's business model revolves around providing software-as-a-service (SaaS) solutions, which means they offer their software on a subscription basis. This model ensures a steady stream of revenue while allowing clients to benefit from continuous updates and improvements to the platform.

Saama makes money through these subscription fees, as well as through strategic partnerships and investments. For instance, they have secured significant funding from Carlyle and Healthcare Venture Funds, which underscores the confidence investors have in their innovative solutions. Additionally, Saama has been instrumental in high-profile projects, such as helping Pfizer accelerate its COVID-19 vaccine trials, further solidifying its reputation in the industry.

In summary, Saama Technologies is a leader in clinical trial analytics, providing AI-driven solutions that enhance efficiency, reduce costs, and expedite drug development timelines for pharmaceutical companies and CROs.

Keywords: Clinical Trial Analytics, AI, Life Sciences, SaaS, Data Management, Drug Development, Pharmaceutical, CRO, Automation, Insights.

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ACQUISITION by Saama Technologies Aug 2019