Power is a health care startup founded in 2021 and headquartered in the United States. The company's slogan, "We are a Modern Clinical Trial Marketplace. We help patients access research and help trials recruit more patients," encapsulates its mission. Power addresses the issue of patient access to clinical trials by providing a patient-friendly platform that connects them with promising trials. The platform also facilitates direct communication between patients and researchers, aiming to overcome the obstacles in the clinical trial system. With the last investment of $11.93M Series A funding received on 22 December 2023, Power attracted a notable group of investors including 14W, Moment Ventures, AirAngels, N49P, Open Core Ventures, Otherwise Fund, Kin Ventures, Footwork, and Artis Ventures (AV). This backing reflects confidence in Power's vision and potential to revolutionize the clinical trial landscape. Power's innovative approach not only seeks to empower patients but also to address the challenges faced by researchers. By easing the process of patient recruitment for clinical trials, the company aims to significantly impact medical innovation. With its core focus on enhancing accessibility and transparency in clinical trials, Power is positioned to make a meaningful contribution to the healthcare industry, attracting interest and investment from prominent backers.
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