Florence Healthcare, which creates software that connects clinical trial sites, sponsors and contract research organizations, announced today that it has raised a $27 million Series C-1 led by Insight Partners. Insight Partners is known for its ScaleUp program that helps its portfolio companies grow rapidly.
Florence Healthcare, which has now raised $114.1 million to date, which use its latest capital infusion to double the output of clinical trials by enabling remote access. It plans to hire, work on its products and increase connections between 10,000 clinical trial sites and sponsors.
The company has two main products. Its eBinders simplify operations for clinical researchers with a digital document workflow that includes regulatory compli …
