Castor - About the company
Castor is a series B company based in New York City (United States), founded in 2012 by Derk Arts. It operates as an Electronic Data Capture (EDC), eCRF, ePRO application for online data collection for medical research. Castor has raised $65M in funding from investors like Two Sigma Ventures, Eight Roads Ventures and F-Prime Capital. The company has 113 active competitors, including 20 funded and 7 that have exited. Its top competitors include companies like Florence, Clinical Research IO and Cumulus Neuro.
Company Details
Castor is a web-based system that enables researchers to build electronic Case Report Forms (eCRFs) for safe and valid data collection for medical research. The company has developed a platform that assists with different clinical trial processes. It has features for electronic data capture, data management, and more.
- Website
- castoredc.com
- Social
Key Metrics
Founded Year
2012
Location
New York City, United States
Stage
Series B
Total Funding
$65M in 4 rounds
Latest Funding Round
Investors
Ranked
11th among 113 active competitors
Employee Count
303 as on Jun 30, 2026
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Castor's funding and investors
Castor has raised a total funding of $65M over 4 rounds. Its first funding round was on May 23, 2017. Its latest funding round was a Series B round on Jul 14, 2021 for $*****. 4 investors participated in its latest round. Castor has 7 institutional investors.
Here is the list of recent funding rounds of Castor:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 14, 2021 | 5798638 | Series B | 1450228 | 8618941 | 5578051 | 9429430 |
Aug 19, 2020 | 3472744 | Series A | 8715940 | 7612867 | 3547618 | |
Jun 29, 2018 | 5459232 | Series A | 8774097 | 1470180 | 9174076 |
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Castor's founders and board of directors
Founder? Claim ProfileHere are the details of Castor's key team members:
- Derk Arts: Founder & CEO of Castor and founder of 1 other company. Contact Info: 1 email address
View details of Castor's Founder profiles and Board Members
Castor's employee count trend
Castor has 303 employees as of Jun 26. Here is Castor's employee count trend over the years:
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Castor's Competitors and alternates
Top competitors of Castor include Florence, Clinical Research IO and Cumulus Neuro. Here is the list of Top 10 competitors of Castor, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Florence 2014, Atlanta (United States), Series C | Provider of remote monitoring management for clinical trials | $116M | 73/100 | |
2nd | Clinical Research IO 2015, Boston (United States), Series B | Provider of a clinical trial management software for researcher | $16.7M | 67/100 | |
3rd |  Cumulus Neuro 2015, Belfast (United Kingdom), Series A | AI and cloud-based brain physiology analysis tool for clinical trials | $19.6M | 61/100 | |
4th | Mednet 2012, Minnetonka (United States), Acquired | Cloud-based platform provider for e-clinics and electronic data | $20.5M | 55/100 | |
5th | _1528376186790.jpg?devicePixelRatio=2&height=30&width=30){kind=logo} L7 Informatics 2012, Austin (United States), Series C | Provider of a clinical trail workflow management software for laboratories | $55M | 55/100 | |
6th |  Sonrai Analytics 2018, Belfast (United Kingdom), Seed | Developer of software for data analytics and ingishts | $3.56M | 53/100 | |
7th | Provider of AI-enabled tool for reliable data collection across research sites | - | - | 51/100 | |
8th | _1558594501671.png?devicePixelRatio=2&height=30&width=30){kind=logo} Facet Life Sciences 2016, Wayne (United States), Unfunded | Developer of document sharing platform | - | - | 47/100 |
9th | Axiom Real-Time Metrics 2000, Toronto (Canada), Late Stage | Modular tools for clinical trial management. | - | 46/100 | |
10th |  Curebase 2017, San Francisco (United States), Unfunded | Provider of patient enrollment and engagement platform for decentralized clinical research | - | - | 45/100 |
11th | Castor 2012, New York City (United States), Series B | Electronic Data Capture (EDC), eCRF, ePRO application for online data collection for medical research | $65M | 45/100 |
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Castor's Investments and acquisitions
Castor has made no investments or acquisitions yet.
Reports related to Castor
Here is the latest report on Castor's geography:
News related to Castor
Filter this list•
Lokavant Hires Experienced Leaders to Accelerate Growth TrajectoryBusiness Wire•Apr 04, 2023•Lokavant, Castor, Medable, IBM and 5 others
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Castor debuts new tech to improve ‘post-marketing’ clinical trialsFierce Biotech•Nov 16, 2022•Castor
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Castor Launches Real-World Evidence Offering to Simplify Post-Marketing Clinical TrialsBusiness Wire•Nov 10, 2022•Castor
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Castor Appoints Andrew Sadler as Chief Product & Technology OfficerBusiness Wire•Sep 28, 2022•Castor
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Castor raises $23.5M from Blossom CapitalFrenchWeb•Jun 07, 2022•Castor, Blossom Capital, Frst Capital, Vestiaire Collective and 2 others
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iRestify closes $6 million to bring building maintenance solution to the usBetaKit•Mar 08, 2022•iRestify, Gutbrain Ventures, PBJ Capital, Export Development Canada and 2 others
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Castor Launches CRO Partnership Program to Increase Adoption of Decentralized Clinical TrialsBusiness Wire•Feb 02, 2022•Castor
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Castor Delivers Strong Finish to 2021, Continues Expansion into US MarketBusiness Wire•Dec 16, 2021•Castor
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SureClinical Launches Eclinical Ecosystem™ ECO Bundle to Support Clinical Trial Automation and CollaborationBusiness Wire•Dec 16, 2021•Castor, ECO, Bundle
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