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goBalto - About the company

goBalto is an acqui-hired company based in San Francisco (United States), founded in 2008 by Jae Chung. It operates as a Cloud-based SaaS product for study startup. goBalto has raised $38.2M in funding from investors like Aberdare Ventures, Mitsui Global Investment and EDBI. The company has 16 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Inato, NoviSci and CliniCrowd.

Company Details

goBalto provides cloud-based electronic solutions for clinical trial design, data capture analysis. It has three products: SELECT for optimising site selection, ACTIVATE for starting and designing clinical trials and ANALYZE for analysing the electronic data captured through Activate. All its products and solutions are in compliance with 21 CFR Part 11. The company claims that it can help in reducing cycle times by over 30%, to have activated 38000 sites in 70+ countries and over 75% adoption by global pharma companies and CROs. The company's platform can be used for site identification, feasibility assessment and selection, site activation and also to track adherence to timelines and budget.The company's clientele includes Covance, CMIC HOLDINGS, Genentech Roche, ICON, INC Research and Novartis.
Social
X
Key Metrics
Founded Year
2008
Location
San Francisco, United States
Stage
Acqui-Hired
Total Funding
$38.2M in 7 rounds
Latest Funding Round
Ranked
Employee Count
66 as on Dec 31, 2017
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goBalto's funding and investors

goBalto has raised a total funding of $38.2M over 7 rounds. Its first funding round was on 2009. Its latest funding round was a Series C round on Jan 06, 2015 for $*****. 2 investors participated in its latest round. goBalto has 7 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of goBalto:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 06, 2015
8696402
Series C
5589382
4945297
1628206
4805871
Feb 27, 2014
8159744
Series B
5240006
4989736
3041599
Dec 31, 2012
7061181
Series B
5233334
2874103
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goBalto's founders and board of directors

Founder? Claim Profile
The founders of goBalto is Jae Chung.
Here are the details of goBalto's key team members:

goBalto's employee count trend

goBalto has 66 employees as of Dec 17. The total employee count is 5.0% more than what it was in Dec 16. Here is goBalto's employee count trend over the years:
Employee count trend for goBalto
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goBalto's Competitors and alternates

Top competitors of goBalto include Inato, NoviSci and CliniCrowd. Here is the list of Top 10 competitors of goBalto, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Inato
Inato
2016, Paris (France), Series A
AI-based patient recruitment platform
$35.5M
61/100
2nd
Logo for goBalto
goBalto
2008, San Francisco (United States), Acqui-Hired
Cloud-based SaaS product for study startup
$38.2M
42/100
3rd
Logo for NoviSci
NoviSci
2016, Durham (United States), Acquired
Provider of an online scientific sourcing tool for researchers and professionals
-
35/100
4th
Logo for CliniCrowd
CliniCrowd
2016, Givatayim (Israel), Unfunded
Online platform for community testing & validation of nutriments
-
-
31/100
5th
Logo for AltaVoice
AltaVoice
2004, San Mateo (United States), Acquired
Genetic testing services for personalized healthcare insights and improved patient outcomes
-
-
28/100
6th
Logo for Dementias Platform
Dementias Platform
2014, Oxford (United Kingdom), Unfunded
Provider of a research networking and resources platform for professionals
-
-
25/100
7th
Logo for Credevo
Credevo
2015, Singapore (Singapore), Unfunded
Online management platform for clinical research
-
-
25/100
8th
Provider of an online health information platform for Covid-19
-
-
24/100
9th
Logo for Australian Clinical Trials
Australian Clinical Trials
2015, St Kilda (Australia), Unfunded
Clinical trials listing platform
-
-
24/100
10th
Logo for Clinical Research
Clinical Research
1982, Denver (United States), Unfunded
Clinical research leader advancing healthcare through trials and innovative treatments
-
-
24/100
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goBalto's Investments and acquisitions

goBalto has made no investments or acquisitions yet.

News related to goBalto

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Oracle Buys goBaltoPR NewswireOct 17, 2018Oracle, goBalto
goBalto Releases Latest Version of goBalto AnalyzePharmaceutical OutsourcingJun 25, 2018goBalto
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