The Ledger
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Patel: Hiring experienced staff over junior people turned Jiva.ai's fortunes
“And as an early stage business, I think that was a really important decision to get experience rather than junior people at the beginning. And I think that's what's actually turned the company's fortunes over the last. 18 months over COVID”
Patel: Jiva.ai built prostate cancer, liver disease, and bone fracture diagnostics
“We've got a prostate cancer diagnostic
We've got our liver disease diagnostic.
we've previously created bone fracture diagnostics as well.”
Patel: Jiva.ai average subscription price is £3,000 to £4,000 monthly
“More three to 4000 would be a good average.”
Patel: Jiva.ai closed a £1.3M seed round with institutional investors
“Then just recently closed a 1.3 million round with institutional investors.”
Patel: Jiva.ai's monthly burn rate does not exceed £100k
“It varies because we have some regulatory work that we're doing and that's quite sporadic, but it won't go over a hundred K put it that way.”