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.
- Website
- gobalto.com
Key Metrics
Founded Year
2008
Location
San Francisco, United States
Stage
Acqui-Hired
Total Funding
$38.2M in 7 rounds
Latest Funding Round
Investors
Ranked
2nd among 16 active competitors
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:
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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 |
View details of goBalto's funding rounds and investors
goBalto's founders and board of directors
Founder? Claim ProfileThe founders of goBalto is Jae Chung.
Here are the details of goBalto's key team members:
- Jae Chung: Founder & President of goBalto.
- Sujay Jadhav: CEO of goBalto.
View details of goBalto's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI-based patient recruitment platform | $35.5M | 61/100 | ||
2nd | goBalto 2008, San Francisco (United States), Acqui-Hired | Cloud-based SaaS product for study startup | $38.2M | 42/100 | |
3rd | NoviSci 2016, Durham (United States), Acquired | Provider of an online scientific sourcing tool for researchers and professionals | - | 35/100 | |
4th | CliniCrowd 2016, Givatayim (Israel), Unfunded | Online platform for community testing & validation of nutriments | - | - | 31/100 |
5th | AltaVoice 2004, San Mateo (United States), Acquired | Genetic testing services for personalized healthcare insights and improved patient outcomes | - | - | 28/100 |
6th | Dementias Platform 2014, Oxford (United Kingdom), Unfunded | Provider of a research networking and resources platform for professionals | - | - | 25/100 |
7th | Online management platform for clinical research | - | - | 25/100 | |
8th | Doctor Penguin 2019, United States, Unfunded | Provider of an online health information platform for Covid-19 | - | - | 24/100 |
9th | Australian Clinical Trials 2015, St Kilda (Australia), Unfunded | Clinical trials listing platform | - | - | 24/100 |
10th | 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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goBalto Spearheads Benchmarking and Analytic Data Initiatives in Starting Clinical TrialsPR Newswire•Jun 25, 2018•goBalto
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Worldwide Clinical Trials Selects goBalto Platform for Study StartupPharmaceutical Outsourcing•Mar 23, 2018•goBalto
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TFS International Propels Momentum in Clinical Trials with goBaltoPR Newswire•Mar 15, 2018•goBalto, TFS International
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Industry Leader in Study Startup Releases Updated eBook on Starting Clinical TrialsPR Newswire•Nov 02, 2017•goBalto
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PSI CRO Accelerates Global Deployment of goBalto Platform to Speed Clinical TrialsPR Newswire•Sep 26, 2017•PSI CRO, goBalto
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