How Much Did TriNetX Raise?
Funding & Key Investors

TriNetX, a prominent health research network, has secured significant enterprise-level funding, with its total capital raised standing at $53M and its most recent investment round amounting to $0. This latest financing round, which occurred on September 21, 2020, underscores the company's continued momentum in optimizing clinical research and generating real-world evidence.

What is TriNetX?

TriNetX
SoftwareHealthcare SoftwareBusiness Services

Founded in 2013, TriNetX operates as a global health research network dedicated to accelerating discoveries through the generation of real-world evidence. The company leverages real-time access to longitudinal clinical data, combined with advanced analytics, to empower researchers to address complex questions with unprecedented speed. TriNetX's platform is instrumental in transforming how clinical research is conducted, enabling faster insights and more efficient drug development pipelines.

How much funding has TriNetX raised?

TriNetX has raised a total of $53M across 2 funding rounds:

2014

Series A

$13M

2019

Series D

$40M

Series A (2014): $13M with participation from MPM Capital, ITOCHU, Mitsui & Co, and Deerfield

Series D (2019): $40M, investors not publicly disclosed

Key Investors in TriNetX

MPM Capital

MPM Capital is a venture capital firm known for its focus on the life sciences sector, investing in companies that aim to transform healthcare through innovative therapies and technologies.

ITOCHU

ITOCHU Corporation is a Japanese general trading company with diverse business interests, including significant investments in healthcare and technology sectors, seeking to foster growth and innovation.

Deerfield

Deerfield Management is a healthcare-focused investment firm that provides capital and strategic support to companies advancing medical innovation and improving patient outcomes.

What's next for TriNetX?

With its substantial enterprise-level backing, TriNetX is strategically positioned for accelerated growth and expanded market penetration. The company's focus on real-world evidence and data analytics in healthcare is increasingly critical, suggesting future investments will likely target further platform enhancements, broader data network integration, and the development of new analytical tools. This sustained capital infusion signals confidence in TriNetX's model to drive innovation within the clinical research and pharmaceutical sectors, potentially leading to new strategic partnerships and a wider adoption of its platform by research institutions and life sciences companies.

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Frequently Asked Questions Regarding TriNetX Financial Insights

What are the most recent funding rounds that TriNetX has completed, and what were the funding rounds?
TriNetX has recently completed 2 funding rounds: Series D on Mar 13, 2019, Series A on Jun 1, 2014.
What is the total amount of funding TriNetX has raised to date?
TriNetX has raised a total of $53M in funding to date.
How many funding rounds has TriNetX completed?
TriNetX has completed 2 funding rounds.
How much funding did TriNetX raise in its most recent funding round?
TriNetX raised $40M in its most recent funding round.
Which was the largest funding round in TriNetX's history?
The largest funding round in TriNetX's history was $40M.
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