Company Directory > Digital Health > Florence Healthcare
Florence Healthcare is a leading provider of clinical trial site enablement software designed to accelerate drug development by digitizing and automating the document and data flow between research sites, sponsors, and contract research organizations (CROs). The company’s flagship platform, the Florence Site Enablement Platform™, serves as a digital link that facilitates remote monitoring, study startup, and trial management, effectively eliminating the bottlenecks associated with paper-based and manual processes. Founded in 2014, the company has built the industry's largest network of connected research sites, supporting over 65,000 sites and 600 sponsors globally. By providing tools like eBinders (electronic Investigator Site Files) and eTMF (electronic Trial Master Files), Florence Healthcare enables 100% digital site-sponsor collaboration, significantly reducing document cycle times and increasing trial capacity for both academic medical centers and private research clinics.
CLASSIFICATION
Company Type:Digital Health
Industry:Digital Health
Sub-Industry:Clinical Trial Software (SaaS)
SIZE & FINANCIALS
Employees:201-500
Revenue:$50M-$100M
Founded:2014
Ownership:private
Status:operating
FUNDING
Stage:Series C
Total Raised:$116.2M
Investors:Insight Partners, Bessemer Venture Partners, Bee Partners, Fulcrum Equity Partners, SEEK, AXA Venture Partners
PIPELINE
Stage:Commercial
Lead Drug Stage:Not Applicable (Software Platform)
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:VersaTrial (Acquired 2023)
Key Partnerships:IQVIA (Multi-year site enablement collaboration), AWS (Marketplace availability and infrastructure), Greenphire (Financial and patient convenience integration), TruLab (Biospecimen data management integration), athenahealth (EHR/Clinical data integration), WCG (Advancing site enablement technology)
COMPETITION
Position:Leader
Competitors:Veeva Systems, Medidata Solutions (Dassault Systèmes), Clinical Ink, Medrio, OpenClinica, CRIO, Deep 6 AI
LEADERSHIP
Key Executives:
Ryan Jones - CEO & Co-Founder
Andres Garcia - CTO & Co-Founder
Shankar Jagannathan - COO
Catherine Gregor - Chief Clinical Trials Officer
Cooper Anderson - CFO
Scientific Founders:Ryan Jones, Andres Garcia, Michael Kassin
Board Members:Tarek Sherif (Former CEO of Medidata), Jon Rosenbaum (Insight Partners), Peter Sobiloff (Insight Partners), Garrett Goldberg (Bee Partners), Jeff Muir (Fulcrum Equity Partners), Carla Balch (Spesana, Inc.)
LINKS
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