Florence Healthcare

Florence Healthcare

Subscription platform automating clinical trial workflows

Overview

Florence Healthcare provides a Site Enablement Platform for clinical trials. It uses a subscription-based software to help sponsors, CROs, and sites manage and automate trial workflows, especially around eISF, eTMF, and eBinder documents, and to streamline site start-up from First Patient In to Last Patient Out. The platform supports creating, editing, signing, gathering, and reviewing electronic documents and binders, aiming to reduce bottlenecks and speed up trial activation. It also offers onboarding and adoption services to help clients get up and running. FlorenceHC differentiates itself through its focus on ease of use, quick setup, and strong customer support, making it a trusted choice for sponsors and sites. Its overarching goal is to accelerate clinical development and lower costs so faster cures can reach patients.

About Florence Healthcare

Simplify's Rating
Why Florence Healthcare is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Healthcare

Company Size

201-500

Company Stage

Series C

Total Funding

$115.8M

Headquarters

Atlanta, Georgia

Founded

2014

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Simplify's Take

What believers are saying

  • Acquired Versatrial to accelerate site enablement capabilities.
  • Launched enrollment automation at Research Revolution event.
  • Appointed Shankar Jagannathan as COO for operational enhancement.

What critics are saying

  • Medidata Rave CTMS erodes network edge with superior AI integration.
  • FDA 2026 blockchain mandate forces Florence eTMF rebuild.
  • AnaptysBio Q1 2026 lawsuit triggers sponsor exodus from data breach.

What makes Florence Healthcare unique

  • Site Enablement Platform automates eISF, eTMF, and eBinders for 65,000 sites.
  • AI-first workflows enable 50% faster study startup and 7X ROI.
  • Largest network connects 65,000 sites and 600 sponsors in 90+ countries.

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Funding

Total Funding

$115.8M

Below

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Medical and dental insurance

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-2%
Florence Healthcare
Jan 8th, 2025
Shankar Jagannathan Joins Florence Healthcare as Chief Operating Officer

Florence announces Shankar Jagannathan as their new Chief Operating Officer, bringing his extensive experience to enhance their leadership in Site Enablement Solutions for clinical trials.

Florence Healthcare
Jan 8th, 2025
Florence Launches Enrollment Automation Solutions

Florence Healthcare Launches New Enrollment Automation Solutions to Streamline Clinical Trial Enrollment for Sites and Sponsors Florence Healthcare, a leader in intelligent clinical trial workflow automation, has launched a new suite of participant enrollment automation solutions at its annual Research Revolution event. These solutions are designed to streamline the participant

BNN Breaking
Feb 20th, 2024
Slope and Florence Healthcare Forge Partnership to Revolutionize Clinical Trials Globally

The partnership between Slope and Florence Healthcare aims to revolutionize the clinical trial landscape by integrating their platforms and enhancing efficiencies.

Newswire
Nov 15th, 2023
Yunu Integration To Florence Improves Imaging Accuracy And Workflow Efficiency

Partnership extends capability for trial imaging integration to Florence Healthcare’s 18,000 activated clinical trial sites. . .

Compsmag
Nov 14th, 2023
Greenphire and Florence Healthcare Announce Technology Partnership: Streamlining Clinical Trial Processes

Greenphire, a leader in patient convenience and financial lifecycle management for clinical trials, has announced a technology partnership with Florence Healthcare, the leading site enablement platform used by 18,000 connected research sites in 55 countries.

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