Florence Healthcare, which creates software program that connects medical trial websites, sponsors and contract analysis organizations, introduced in the present day that it has raised a $27 million Sequence C-1 led by Perception Companions. Perception Companions is understood for its ScaleUp program that helps its portfolio firms develop quickly.
Florence Healthcare, which has now raised $114.1 million to this point, which use its newest capital infusion to double the output of medical trials by enabling distant entry. It plans to rent, work on its merchandise and enhance connections between 10,000 medical trial websites and sponsors.
The corporate has two important merchandise. Its eBinders simplify operations for medical researchers with a digital doc workflow that features regulatory compliance and distant connectivity. Its SiteLink platform, in the meantime, hyperlinks websites, sponsors and contract analysis organizations. The corporate stated SiteLink powers 4 million distant analysis actions each month.
Digitizing analysis operations may also help medical trials to occur nearer to underrepresented sufferers who can’t journey to main educational medical facilities, the corporate says. Florence Healthcare claims that its software program now equips analysis websites inside 25 miles of 80% of the U.S. inhabitants.