How Much Did Studytrax Raise?
Funding & Key Investors

Studytrax has solidified its position in the clinical research technology sector, securing a total capital infusion of $54K. This latest financing round, which contributed $54K in substantial expansion capital, underscores the firm's maturity as it transitions into a more aggressive growth phase. By leveraging this investment, the company is well-positioned to scale its operations within the competitive landscape of medical data management and research infrastructure.

What is Studytrax?

Studytrax
SoftwareHealthcare Software

Studytrax operates as a sophisticated Learning Health System designed to bridge the gap between clinical providers and patient populations. At its core, the platform provides a robust electronic data capture (EDC) system that facilitates seamless workflow optimization and comprehensive study management. With a legacy spanning over two decades, the company has successfully supported more than 100 medical centers and over 1000 trials and patient registries. By focusing on academic institutions and non-profit disease organizations, Studytrax addresses the critical need for streamlined data analysis and enhanced participant engagement, ultimately accelerating the timeline for medical publications and clinical breakthroughs.

How much funding has Studytrax raised?

Studytrax has raised a total of $54K across 1 funding round:

2021

Debt

$54K

Debt (2021): $54K with participation from PPP

Key Investors in Studytrax

PPP

Public-Private Partnership

What's next for Studytrax?

With the recent influx of capital, Studytrax is poised to enhance its technological infrastructure and expand its footprint in the global clinical research market. The strategic focus will likely center on deepening the integration of its EDC capabilities with emerging health data standards, thereby increasing the utility of its platform for complex, multi-site trials. As the company moves through its current lifecycle stage, the emphasis will remain on maintaining its reputation for reliability while scaling its participant engagement tools to meet the evolving demands of modern medical research. This trajectory suggests a continued commitment to driving efficiency in clinical workflows and fostering long-term partnerships with leading research institutions.

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Frequently Asked Questions Regarding Studytrax Financial Insights

What are the most recent funding rounds that Studytrax has completed, and what were the funding rounds?
Studytrax has recently completed 1 funding rounds: Debt on Mar 26, 2021.
What is the total amount of funding Studytrax has raised to date?
Studytrax has raised a total of $54K in funding to date.
How many funding rounds has Studytrax completed?
Studytrax has completed 1 funding rounds.
How much funding did Studytrax raise in its most recent funding round?
Studytrax raised $54K in its most recent funding round.
Who are the lead investors in Studytrax's latest funding round?
The lead investor in Studytrax'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 Studytrax's history?
The largest funding round in Studytrax's history was $54K.
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