Florence Healthcare
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Revenues | 1.5m | 3.8m | 7.0m | 29.5m | 49.0m |
% growth | - | 153 % | 84 % | 321 % | 66 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.7m | Seed | ||
N/A | Early VC | ||
$7.1m | Series B | ||
$80.0m | Series C | ||
* | $27.0m Valuation: $400m | Series C | |
Total Funding | €105m |
Recent News about Florence Healthcare
EditFlorenceHC is a startup that operates in the clinical research industry, providing a platform that simplifies and streamlines the process of conducting clinical trials. The company's primary offering is the Site Enablement Platform, a tool designed to alleviate the complexities and challenges associated with running clinical trials. This platform is designed to serve a wide range of clients, including pharmaceutical companies, biotech firms, and other organizations involved in clinical research.
The company's business model revolves around providing a subscription-based platform that helps clients manage and automate all workflows related to clinical trials. This includes creating, editing, signing, gathering, and reviewing electronic Investigator Site Files (eISFs), electronic Trial Master Files (eTMFs), and electronic binders (eBinders). The platform also assists in reducing bottlenecks in site start-up and simplifying the process from First Patient In (FPI) to Last Patient Out (LPO).
FlorenceHC generates revenue through subscription fees paid by its clients for using the platform. The company also offers onboarding and adoption services to help clients get started with the platform. It has been recognized for its ease of use, setup, and customer support, making it a trusted choice for sponsors and a favorite among sites.
In summary, FlorenceHC is a promising startup that offers a comprehensive solution for managing clinical trials, aiming to accelerate the process and reduce costs, thereby contributing to faster development of cures.
Keywords: Clinical Research, Site Enablement Platform, Workflow Automation, eISF, eTMF, eBinder, Site Activation, Subscription-Based, Onboarding Services, Clinical Trials.