Florence Healthcare, a workflow platform for medical researchers, raises $27M led by Perception Companions

Florence Healthcare, which creates software program that connects medical trial websites, sponsors and contract analysis organizations, introduced right now that it has raised a $27 million Collection C-1 led by Perception Companions. Perception Companions is thought for its ScaleUp program, which helps its portfolio firms develop quickly.

The corporate has now raised $114.1 million to this point and can 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 improve connections between 10,000 medical trial websites and sponsors.

The corporate has two most 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 mentioned SiteLink powers 4 million distant analysis actions each month.

Digitizing analysis operations may help medical trials to occur nearer to underrepresented sufferers who can’t journey to main tutorial medical facilities, the corporate says. Florence Healthcare claims that its software now equips research sites within 25 miles of 80% of the U.S. population.

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