What it does
SiftMed does not publish a description of its services. The fields below record only what could be confirmed from the 9 public sources cited at the foot of this page; nothing is estimated to fill the gap.
Key facts
| Segment | Canada, Insurance / Legal / Life Care Planning, Medical Records AI |
| Website | |
| Founded | 2020 |
| HQ | St. John's, NL, Canada |
| Headcount | ~30 employees (as of July 2026) |
| Ownership | Privately held, venture-backed (Staircase Ventures-led round; over $10M raised total) |
| Certifications | SOC 2 Type II, HIPAA, and PIPEDA compliant |
| Not published | PricingTurnaround |
Medrecords AI vs SiftMed at a glance
Same 8 rubric rows, side by side. Vendor cells repeat what SiftMed publishes; a row it has not published stays that way. Medrecords AI cells are our own published terms.
| Rubric row | Medrecords AI | SiftMed |
| Processing model | AI drafts and cites; you review and sign. Every line cites its source page. | 100% AI |
| Human QA | Yours, not ours. Output is editable and every claim links to the page it came from. | None disclosed |
| Typical turnaround | Minutes to hours per file | Under 30 minutes average per claim file |
| Pricing model | Pay per page, no subscription (Self-Service); annual licence for Enterprise On-Prem | Not published |
| Indicative cost | from 10¢ to as low as 5¢ a page, duplicates free | Not published |
| Export formats | DOCX, PDF and HTML, hyperlinked back to every source page; API or SFTP delivery | Not published |
| Best for | Law firms, IME clinics, legal nurse consultants and small TPAs | Insurance claims teams, IMEs, legal, life care planners |
| Customer satisfaction | We publish no rating of our own | No public reviews found |
Longer versions: Medrecords AI vs SiftMed, head to head · SiftMed alternatives compared.
The boundary on our side does not move: the software drafts and cites; you review, you revise, you sign.
Evaluation criteria
Profile notes
What to confirm before you sign
SiftMed publishes 6 of the 8 fields in the Content Hub rubric. Across all 270 vendors profiled in the Content Hub, the median is 5 of 8.
- How do you charge — per page, per file, per hour, or per seat?Get the unit before you scope a pilot. A per-hour or per-seat quote and a per-page quote behave very differently once a file runs past 1,000 pages.
- What does a real 1,000-page file cost, all in?Ask for a worked example rather than a rate card. Duplicate pages, rush fees and monthly minimums are where the quoted rate and the final invoice separate.
The other 7 questions, and what all 270 profiled vendors do and do not publish, are in the evaluation guide.
Sources
- SiftMed website
- Vendor case study · 2026-06-07
- Vendor case study · date n/a
- Vendor case study · 2026-03-23
- Vendor site (insurance) · date n/a
- SiftMed homepage
- SiftMed funding announcement
- CB Insights: Compare SiftMed vs Supio
- CB Insights: Compare SiftMed vs Wisedocs
- staircaseventures.com: SiftMed
- SiftMed website
- SiftMed website