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.
- Website
- www.florencehc.com/
- 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
Investors
Ranked
1st among 113 active competitors
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:
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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 |
View details of Florence's funding rounds and investors
Florence's founders and board of directors
Founder? Claim ProfileHere are the details of Florence's key team members:
- Ryan Jones: Co-Founder & CEO of Florence and founder of 1 other company.
- Michael Kassin: Former Co-Founder of Florence.
View details of Florence's Founder profiles and Board Members
Florence's employee count trend
Florence has 363 employees as of Jul 26. Here is Florence's employee count trend over the years:
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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:
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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 | 62/100 | |
3rd | Cumulus Neuro 2015, Belfast (United Kingdom), Series A | AI and cloud-based brain physiology analysis tool for clinical trials | $19.6M | 57/100 | |
4th | L7 Informatics 2012, Austin (United States), Series C | Provider of a clinical trail workflow management software for laboratories | $55M | 55/100 | |
5th | Mednet 2012, Minnetonka (United States), Acquired | Cloud-based platform provider for e-clinics and electronic data | $20.5M | 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 | 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 | Facet Life Sciences 2016, Wayne (United States), Unfunded | Developer of document sharing platform | - | - | 47/100 |
10th | Curebase 2017, San Francisco (United States), Unfunded | Provider of patient enrollment and engagement platform for decentralized clinical research | - | - | 45/100 |
Looking for more details on Florence's competitors? Click here to see the top ones
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
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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Florence Connects Over 65,000 Study Centers and 600 Sponsors WorldwideEuropa Press•Oct 23, 2025•Florence
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Florence Announces AI-Assisted Workflows to Transform Clinical TrialsEuropa Press•Sep 03, 2025•Florence
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SLAM Appoints Mr. Jimmy Gravel As New DirectorMiningstockeducation•Feb 21, 2025•SLAM Exploration, Florence
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Greenphire, Florence Healthcare partner on tech streamlining for studiesFierce Biotech•Nov 15, 2023•Greenphire, Florence
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