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  • Sector: Healthcare IT
  • Location: New York, NY 
  • Date of Investment: 2022

Lokavant is a clinical intelligence platform that improves the time, cost, and quality of trial planning and execution through data-driven analytics applications. Lokavant's platform aggregates and integrates real-time data from disparate trial data sources, and powers advanced analytics enabled by its compendium of proprietary trial data. The suite of applications built on the platform allows study teams to proactively plan and manage their studies and surface insights, driving efficiencies in all scientific and operational use cases.

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Sponsors and CROs using Lokavant's Clinical Trial Intelligence Platform realize a 70x improvement in enrollment forecast accuracy, >$1 million in cost savings from patient retention, and six months' time savings from detecting site non-compliance issues.