LogicFlo AI, an artificial intelligence (AI) startup built for the life sciences sector, has raised $2.7 million in a seed funding round led by Lightspeed, with other healthcare and enterprise AI investors participating.
The Boston, US-based startup founded by Udith Vaidyanathan and Arun Ramakrishnan uses AI agents to automate and increase the efficiency of scientific knowledge work within highly regulated industries.
LogicFlo plans to use the funding to scale and develop its AI agent workforce across global life sciences enterprises. The startup will also build out its engineering team and integrate with some of the legacy platforms within the life sciences segment.
Multiple teams within a life sciences company are compliance and information-heavy, such as medical affairs, pharmacovigilance, regulatory affairs, medical writing, medical information, and quality assurance. LogicFlo AI claims its intelligent AI agents enable these teams to complete high-compliance workflows in a fraction of the time they would traditionally require, with accuracy intact.
These agents support functions across the entire life sciences value chain, such as medical writing with literature-based content creation and referencing, material for ad boards, congresses, journal articles, and commercial content creation with compliant promotional materials.
Cofounder and CEO Udith Vaidyanathan identified an underutilisation crisis of sorts in these teams. “The teams have terminal degree holders, but there is so much weight on compliance, and rightly so. These PhDs and academicians spend 80-90% of their time documenting, creating compliant scientific material, or doing what can be termed as iterative tasks. Only about 20% of their time is spent on tasks that use their expertise to make strategic decisions,” he told ET.
The startup said it has seen medical writing timelines reduced from weeks to minutes after early deployments of its solution and medical information response time cut from two weeks to two days.
While the rest of the world is focussed on automation, LogicFlo is building AI tools to help people automate their work processes, he said.
The agents are built on multiple open-source language models, explained Arun Ramakrishnan, cofounder and CTO. “LogicFlo AI agents are intelligent, composable, production-ready, and they understand the nuance of scientific work,” he said.
