Stitch Health raises £2.5m in a seed round led by Connect Ventures to expand its clinical trial platform.
The seed round was led by Connect Ventures with participation from Form Ventures, Boost Capital, and angel investors.
Stitch Health is a London based healthtech startup that builds patient retention platforms for clinical trials. The company helps participants manage their trial journey while enabling sponsors to gather feedback.
London based healthtech startup Stitch Health has secured £2.5m in a seed funding round led by Connect Ventures. Additional participation in the round came from Form Ventures, Boost Capital, and several angel investors.
The capital will be directed towards expanding the team and widening product deployment across clinical trials. Stitch operates a platform designed to help patients navigate trials and provide feedback, aiming to improve retention rates for research sponsors.
The company was established in 2021 by Jonathan Moshinsky, Mike Sterling and James Allen. Connect Ventures led the investment following the startup's efforts to build a patient-centric tool for clinical research.
From the founder
"It’s fantastic to be working with such an exceptional partner, Connect Ventures, who share our vision of a world where each patient on every clinical trial is supported and heard throughout their journey"
Jonathan Moshinsky
Co-Founder & CEO at Stitch Health
Investor perspective
"Patients are the critical participants in clinical trials, but their experience is one of poor communication, frustration and neglect. Stitch is building the first truly patient-centric product for clinical trials. It enables sponsors to communicate trial protocol clearly and conveniently; and patients to give feedback on their experience in real-time, improving patient retention and success rates."
Sitar Teli
Managing Partner, Connect Ventures
Use of funds
- 01Grow the team
- 02Continue product development
Investors
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About the company
Stitch Health
Stitch Health provides a patient retention platform designed for clinical trials.