April 16, 2026 | 6:30–8:30 p.m. NDT | JAG Soundhouse
Join techNL for an evening celebrating the people and companies shaping Newfoundland and Labrador’s tech community. From emerging startups to established leaders, this is a chance to come together, connect with peers, and celebrate the innovation and momentum building across the province.
Learn more: https://technl.ca/technl-industry-awards-2026/
SiftMed: Targeting 4x Growth as Demand Builds for AI-Powered Clinical Documentation
At Bounce Health Innovation, we’re proud to spotlight companies reaching defining growth milestones — and SiftMed is continuing to build strong momentum. The Newfoundland and Labrador–based healthtech company is setting its sights on quadrupling its annual recurring revenue, signalling a new phase of growth.
SiftMed is tackling a well-known challenge in healthcare: the time and effort required for clinical documentation. Its AI-powered platform captures and structures clinical conversations, helping physicians complete documentation more efficiently while staying focused on patient care.
As healthcare systems increasingly look to AI to improve workflows, SiftMed is gaining traction with providers across North America. The company’s approach centres on fitting into existing clinical environments, making it easier for teams to adopt without adding complexity.
Rather than rapid expansion for its own sake, SiftMed’s growth reflects a focus on building a product that responds to real clinical needs. That foundation is helping position the company for continued scale as demand for AI-enabled solutions grows.
This milestone reflects a broader shift in healthcare, where AI is being integrated into everyday clinical workflows in practical, measurable ways. SiftMed’s progress highlights how companies from Newfoundland and Labrador are contributing to that shift by developing tools that support both providers and patients.
At Bounce, we’re proud to support companies like SiftMed that are helping strengthen the connection between innovation and frontline care.
Read more about SiftMed’s growth plans here:
👉 https://entrevestor.com/home/entry/siftmed-eyes-4x-growth-in-arr-this-year
