Basil Systems announced today it has secured $11.5 million in funding to expand its AI-powered product lifecycle intelligence platform for the life sciences industry. The funding round was led by Golden Ventures, with participation from Hearst Ventures and Argosy Capital.
The investment will enable Basil to enhance its enterprise BasilIntel SaaS platform, deepen product capabilities, and accelerate the deployment of data-driven insights across pharmaceutical and medical device companies. The company plans to expand its data coverage, onboard additional enterprise clients, and extend its AI and machine learning capabilities to automate complex workflows.
Addressing Critical Industry Challenges
Life sciences companies face significant challenges with complex, mission-critical operations that remain burdened by manual workflows, siloed data, and outdated tools. Critical decisions in regulatory submissions, clinical planning, post-market surveillance, and competitive analysis are often made without clear, timely insights.
Basil Systems aims to transform this landscape by delivering real-time, AI-powered intelligence that helps teams move faster, collaborate more effectively, reduce risk, and make smarter decisions throughout the product lifecycle.
"Basil Systems is transforming how life sciences companies access and act on regulatory intelligence," said Bert Amato, Venture Partner at Golden Ventures and Board Director. "What once took teams weeks or months of manual effort using disconnected systems, Basil now delivers in real time by providing actionable insights that drive better product decisions, mitigate risk, and accelerate approvals. This isn't just a workflow improvement, it's a fundamental shift in how healthcare innovation gets to market."
BasilLink: The Industry's Largest Dataset
At the core of Basil's offering is BasilLink, which the company describes as the largest indexed dataset in life sciences, containing over 600 million records that are continuously updated and structured. This comprehensive database includes regulatory submissions, global drug labels, clinical trials, adverse event reports, guidances, regulations, recalls, citations, inspections, and more.
The platform's proprietary technology delivers answers to complex questions in seconds through a full-text natural language interface. For example, users can quickly identify which materials are most often linked to knee implant failures or compare label changes across oncology therapies in specific patient populations.
"Basil Systems has built the most comprehensive, structured dataset in life sciences, with over 600 million records spanning regulatory filings, clinical trials, post-market events, drug labels, and more," said Anthony Cirurgiao, Founder and CEO at Basil Systems. "Our AI-powered platform transforms that data into real-time answers for the strategic questions that drive product success. We're not just accelerating workflows and decision making, but creating a new standard for how life sciences companies make critical decisions across innovation, regulatory, safety, and commercialization."
Industry Adoption and Applications
The BasilIntel platform has already gained significant traction in the industry, being used by four of the five largest global medical device companies and in active trials with three of the top global pharmaceutical firms.
Mohamed Shariff, Director of Regulatory Affairs at Johnson & Johnson, highlighted the platform's value: "Basil has built a centralized intelligence engine for how medical products are developed, approved, and perform in-market. With unmatched depth in regulatory and real-world life sciences data, Basil gives companies the visibility and analytics they need to make faster, smarter decisions. It's becoming the default infrastructure layer for data-driven strategy in life sciences."
Unified Data Approach
Basil's approach addresses the common industry problem of fragmented, siloed data spread across departments and formats. The company uses proprietary machine learning algorithms to automatically ingest and unify scattered data into a single, fully indexed source of truth.
Beyond core regulatory and clinical insights, the platform supports strategic product development, supply chain optimization, risk mitigation, and real-world evidence analysis. It serves multiple departments including regulatory, clinical, quality, medical affairs, and commercial divisions, providing a unified system of record and intelligence.
Future Expansion
With the new funding, Basil Systems plans to broaden its support to adjacent players across the life sciences ecosystem, including drug and device manufacturers, suppliers, clinical research organizations, and regulatory agencies. The company aims to create a new standard for how life sciences companies make critical decisions across innovation, regulatory, safety, and commercialization processes.
The platform's API connectivity and enterprise-grade infrastructure are designed to support millions of concurrent users, positioning Basil Systems to potentially become an essential infrastructure layer for data-driven strategy in the life sciences industry.
