Florence Healthcare, which results in software program that connects medical trial web pages, sponsors and contract investigate corporations, announced today that it has raised a $27 million Sequence C-1 led by Insight Partners. Insight Companions is recognised for its ScaleUp system that assists its portfolio businesses expand quickly.
Florence Healthcare, which has now elevated $114.1 million to date, which use its most up-to-date money infusion to double the output of medical trials by enabling remote accessibility. It strategies to use, function on its products and boost connections concerning 10,000 clinical demo internet sites and sponsors.
The organization has two main solutions. Its eBinders simplify operations for medical scientists with a electronic document workflow that features regulatory compliance and distant connectivity. Its SiteLink system, in the meantime, links web sites, sponsors and deal investigation companies. The firm explained SiteLink powers 4 million remote analysis pursuits every single month.
Digitizing analysis operations can assistance clinical trials to occur closer to underrepresented people who just can’t vacation to major tutorial healthcare facilities, the company claims. Florence Health care claims that its software now equips research internet sites within just 25 miles of 80% of the U.S. inhabitants.