Locations
New York, NY, USA
industry
Data and Analytics · DeepTech · Design · Information Technology · Professional Services · Software
Size
11-50 employees
Stage
Series A
founded in
2020
Lokavant is a technology company whose mission is to ensure that no clinical trial fails due to operational error. By integrating and analyzing the disparate data sources within clinical trials, Lokavant provides real-time visualizations and risk alerts to study sponsors and contract research organizations (CROs) to enable data-driven decisions. These insights expedite trial timelines and reduce the costs of development, allowing safe and efficacious treatments to get to patients. Lokavant centralizes trial data to power a machine learning model that anticipates trial risk, provides data-driven risk mitigation strategies, and predicts the impact of mitigation strategy implementation. Lokavant's anticipatory monitoring capability is grounded in a compendium of data from over 1,000 clinical trials and will improve with each deployment.
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