How Much Did Complion Raise?
Funding & Key Investors

Complion, a prominent innovator in the clinical research technology sector, has successfully secured a total capital infusion of $12.2M. This latest financial milestone, marked by a $350K strategic investment, underscores the company's pivotal role in digitizing regulatory workflows for global clinical trials. By streamlining the complex documentation processes inherent in medical research, Complion continues to solidify its market position as a critical infrastructure provider for sponsors, contract research organizations, and academic medical centers.

The company's growth trajectory, evidenced by a series of funding rounds starting from its initial private equity backing in 2015 through its recent debt financing in 2020, reflects a sustained commitment to operational excellence. This capital injection serves as a catalyst for further scaling its cloud-based eRegulatory and eISF platforms, which are currently deployed across more than 14,000 clinical trials worldwide.

What is Complion?

Complion
SoftwareHealthcare SoftwareContent & Collaboration Software

Complion operates at the intersection of clinical research and enterprise software, providing a specialized eRegulatory platform designed to replace manual, error-prone documentation processes. Founded by a clinical researcher, the company addresses the specific pain points of site regulatory management, offering a purpose-built solution that facilitates remote monitoring and document compliance. By enabling seamless collaboration between research sites, sponsors, and CROs, Complion ensures that essential study documents are managed with high integrity and accessibility. Its software suite is engineered to support the rigorous demands of modern clinical trials, ranging from cancer centers to large-scale academic medical institutions, thereby reducing administrative overhead and enhancing the overall quality of site monitoring.

How much funding has Complion raised?

Complion has raised a total of $12.2M across 4 funding rounds:

2015

Private Equity

$2M

2016

Series A

$2.9M

2019

Series B

$7M

2020

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 expertise spans multiple sectors including healthcare, providing strategic support to guide companies through industry shifts.

Undisclosed Investors

Undisclosed Investors

PPP

Public-Private Partnership

What's next for Complion?

With this latest infusion of capital, Complion is well-positioned to accelerate its product development roadmap and expand its footprint within the global life sciences market. The strategic focus will likely center on enhancing its remote monitoring capabilities and deepening the integration of its software within the broader clinical trial ecosystem. As the industry shifts toward decentralized and hybrid trial models, Complion's ability to provide a centralized, compliant, and efficient regulatory environment will be a key differentiator. The company is expected to leverage these resources to further automate document workflows, thereby driving down costs for sponsors while maintaining the highest standards of regulatory compliance and data security in an increasingly complex research landscape.

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Frequently Asked Questions Regarding Complion Financial Insights

What are the most recent funding rounds that Complion has completed, and what were the funding rounds?
Complion has recently completed 3 funding rounds: Debt on Apr 14, 2020, Series B on Feb 12, 2019, Series A on Jul 21, 2016.
What is the total amount of funding Complion has raised to date?
Complion has raised a total of $12.2M in funding to date.
How many funding rounds has Complion completed?
Complion has completed 3 funding rounds.
How much funding did Complion raise in its most recent funding round?
Complion raised $350K in its most recent funding round.
Who are the lead investors in Complion's latest funding round?
The lead investor in Complion's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Complion's history?
The largest funding round in Complion's history was $7M.
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