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Florence - About the company

Florence is a series C company based in Atlanta (United States), founded in 2014 by Ryan Jones and Michael Kassin. It operates as a Provider of remote monitoring management for clinical trials. Florence has raised $116M in funding from investors like Insight Partners, Bessemer Venture Partners and Bee Partners. The company has 113 active competitors, including 20 funded and 7 that have exited. Its top competitors include companies like Clinical Research IO, Cumulus Neuro and L7 Informatics.

Company Details

Florence is a provider of remote monitoring management for clinical trials. It provides software that connects home healthcare data from outside the clinic with the healthcare community. This connectivity provides clinicians access to previously unavailable diagnostic information- reducing healthcare costs and improving patient outcomes. Its product, Florence CloudBinder suit helps sponsors to connect to site of clinical trials by making document access easier on site. It helps sites with scanning, faxing, emailing and curating these documents.
Social
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Email ID
*****@florencehc.com
Phone Number
+1 **********
Key Metrics
Founded Year
2014
Location
Atlanta, United States
Stage
Series C
Total Funding
$116M in 4 rounds
Latest Funding Round
Ranked
Employee Count
363 as on Jul 31, 2026
Investment & Acquisitions
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Florence's funding and investors

Florence has raised a total funding of $116M over 4 rounds. Its first funding round was on Aug 02, 2016. Its latest funding round was a Series C round on Jun 22, 2022 for $*****. 1 investor participated in its latest round. Florence has 9 institutional investors.

Here is the list of recent funding rounds of Florence:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 22, 2022
4053911
Series C
4220185
9290505
4640010
8272297
May 06, 2021
4605797
Series C
3267544
8097958
9173417
Sep 2019
6054089
Series B
3783953
9443729
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Florence's founders and board of directors

Founder? Claim Profile
The founders of Florence are Ryan Jones and Michael Kassin. Ryan Jones is the CEO of Florence.
Here are the details of Florence's key team members:

Florence's employee count trend

Florence has 363 employees as of Jul 26. Here is Florence's employee count trend over the years:
Employee count trend for Florence
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Florence's Competitors and alternates

Top competitors of Florence include Clinical Research IO, Cumulus Neuro and L7 Informatics. Here is the list of Top 10 competitors of Florence, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Florence
Florence
2014, Atlanta (United States), Series C
Provider of remote monitoring management for clinical trials
$116M
73/100
2nd
Logo for Clinical Research IO
Clinical Research IO
2015, Boston (United States), Series B
Provider of a clinical trial management software for researcher
$16.7M
62/100
3rd
Logo for Cumulus Neuro
Cumulus Neuro
2015, Belfast (United Kingdom), Series A
AI and cloud-based brain physiology analysis tool for clinical trials
$19.6M
57/100
4th
Logo for L7 Informatics
L7 Informatics
2012, Austin (United States), Series C
Provider of a clinical trail workflow management software for laboratories
$55M
55/100
5th
Logo for Mednet
Mednet
2012, Minnetonka (United States), Acquired
Cloud-based platform provider for e-clinics and electronic data
$20.5M
55/100
6th
Logo for Sonrai Analytics
Sonrai Analytics
2018, Belfast (United Kingdom), Seed
Developer of software for data analytics and ingishts
$3.56M
53/100
7th
Logo for Pentavere
Pentavere
2016, Toronto (Canada), Acquired
Provider of AI-enabled tool for reliable data collection across research sites
-
-
51/100
8th
Logo for Precision Digital Health
Precision Digital Health
2015, Irvine (United States), Series A
Digital health solutions for complex clinical trials and real-world data
$5.59M
49/100
9th
Logo for Facet Life Sciences
Facet Life Sciences
2016, Wayne (United States), Unfunded
Developer of document sharing platform
-
-
47/100
10th
Logo for Curebase
Curebase
2017, San Francisco (United States), Unfunded
Provider of patient enrollment and engagement platform for decentralized clinical research
-
-
45/100
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Florence's Investments and acquisitions

Florence has made 1 investment in Wizard and acquired VersaTrial.

Reports related to Florence

Here is the latest report on Florence's sector:

News related to Florence

lockFilter this list
Media has covered Florence for a total of 3 events in the last 1 year, 3 of them have been about company updates.
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FAQs about Florence

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