How Much Did Castor Raise?
Funding & Key Investors

Castor, a cloud-based clinical data management platform, has secured significant enterprise-level funding, with its total capital raised standing at $1.8M. The company recently announced a major strategic investment of $1.8M, underscoring its growth trajectory and market position in the clinical research technology sector. This latest financing round is expected to fuel further development and expansion of its data integration capabilities for researchers and clinicians.

What is Castor?

Castor
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Castor operates as a cloud-based clinical data management platform designed to streamline the capture and integration of data from both clinicians and patients. This innovative solution empowers researchers by simplifying the complex process of data aggregation, thereby accelerating clinical trials and research outcomes. The platform's ability to seamlessly combine diverse data sources positions it as a key player in enhancing the efficiency and accuracy of clinical data management.

How much funding has Castor raised?

Castor has raised a total of $1.8M across 1 funding round:

2021

Other Financing Round

$1.8M

Other Financing Round (2021): $1.8M with participation from First Check Ventures, Canary, Vast Ventures, Latitude Financial Services, and Daniel Vogel

Key Investors in Castor

First Check Ventures

First Check Ventures is an investment firm founded in 2020 that focuses on early-stage startups globally, aiming to make transformational investments in companies with significant potential.

Canary

Canary, founded in 1948, specializes in oilfield drilling & production services to oil & gas companies, located in Colorado.

Vast Ventures

Vast Ventures is a manifesto-driven venture fund that invests in disruptive companies aimed at creating a global impact, focusing on improving worldwide health and happiness, and promoting resource sustainability.

What's next for Castor?

With the recent infusion of $1.8M in a major strategic investment, Castor is poised for accelerated growth and enhanced market penetration. This capital injection, part of its $1.8M total funding, will likely be directed towards expanding its technological infrastructure, enhancing its platform's analytical capabilities, and broadening its reach within the global clinical research community. The company's focus on facilitating easier data capture and integration suggests a strategic push towards becoming an indispensable tool for modern clinical research, potentially exploring new therapeutic areas and advanced data analytics.

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Frequently Asked Questions Regarding Castor Financial Insights

What are the most recent funding rounds that Castor has completed, and what were the funding rounds?
Castor has recently completed 1 funding rounds: Other Financing Round on Nov 12, 2021.
What is the total amount of funding Castor has raised to date?
Castor has raised a total of $1.8M in funding to date.
How many funding rounds has Castor completed?
Castor has completed 1 funding rounds.
How much funding did Castor raise in its most recent funding round?
Castor raised $1.8M in its most recent funding round.
Who are the lead investors in Castor's latest funding round?
The lead investor in Castor's latest funding round was First Check Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Castor's history?
The largest funding round in Castor's history was $1.8M.
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