What is Complion?
Complion serves as a specialized provider of eRegulatory and eISF solutions, catering to a diverse ecosystem of research sites, sponsors, and contract research organizations (CROs). Founded by a clinical researcher with deep roots in NIH-funded medical training, the company addresses the systemic inefficiencies inherent in manual, paper-based regulatory documentation. Its cloud-native platform facilitates remote monitoring and intelligent document management, effectively reducing administrative overhead while enhancing data integrity across more than 14,000 clinical trials. By integrating purpose-built workflows, Complion enables seamless collaboration between academic medical centers, cancer research facilities, and global pharmaceutical sponsors, ensuring that critical study documentation remains audit-ready and accessible.
How much funding has Complion raised?
Complion has raised a total of $12.2M across 4 funding rounds:
Private Equity
$2M
Series A
$2.9M
Series B
$7M
Debt
$350K
Private Equity (2015): $2M, investors not publicly disclosed
Series A (2016): $2.9M, investors not publicly disclosed
Series B (2019): $7M supported by Beringea , LLC.
Debt (2020): $350K featuring PPP
Key Investors in Complion
Beringea, LLC.
Beringea is an international venture capital firm that invests in high-growth businesses in the US and UK, focusing on empowering entrepreneurs to build billion-dollar companies. Their long-term perspective and entrepreneurial ethos enable them to guide businesses through various economic cycles and industry shifts.
PPP
Public-Private Partnership
Undisclosed Investors
What's next for Complion?
With the recent influx of capital, Complion is well-positioned to accelerate its product roadmap and expand its footprint in the global clinical trial market. The company's strategic focus remains on digitizing the complex regulatory landscape, a move that aligns with the broader industry shift toward decentralized clinical trials and remote site oversight. As the demand for high-quality, real-time data management grows, Complion is expected to leverage its current financial standing to enhance its software capabilities, potentially integrating advanced analytics to further streamline site monitoring and compliance workflows. This growth phase will likely prioritize scaling operations to meet the increasing complexity of international research protocols.
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