Reify Health

Reify Health

Software platform for clinical trial enrollment

About

Reify Health focuses on improving the clinical trial process, specifically in the area of patient recruitment and enrollment. Its main product, StudyTeam, is a software platform that helps pharmaceutical companies, biotech firms, and contract research organizations (CROs) manage and speed up the enrollment of patients in clinical trials. The platform provides real-time access to data related to pre-screening and enrollment, allowing sponsors to adjust their strategies and timelines proactively. This feature enhances visibility and control, making the enrollment process more predictable and efficient. Unlike its competitors, Reify Health offers a subscription-based software-as-a-service (SaaS) model, which provides clients with ongoing access to the StudyTeam platform for a recurring fee. The goal of Reify Health is to reduce the time and costs associated with patient enrollment in clinical trials, ultimately improving the efficiency and success rates of these critical research efforts.

Company Stage

Series D

Employees

51-200

Industries

Enterprise Software, Biotechnology, Healthcare

Total Funding

$464.5M

Headquarters

Boston, Massachusetts

Founded

2012


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Simplify's Take

What believers are saying

  • Increased focus on decentralized trials offers flexibility, potentially improving enrollment rates.
  • AI integration in recruitment allows precise targeting and faster enrollment processes.
  • Rising demand for diversity in trials aligns with Reify's BRIDGE initiative.

What critics are saying

  • Emerging software companies pose a threat with innovative features and competitive pricing.
  • Departure of key personnel like Macy may disrupt projects and innovation.
  • Layoffs at Care Access suggest potential internal financial or operational challenges.

What makes Reify Health unique

  • Reify Health's StudyTeam accelerates clinical trial enrollment, addressing a critical industry bottleneck.
  • The platform offers real-time access to pre-screening and enrollment data for sponsors.
  • Reify Health's SaaS model provides a steady revenue stream through subscription fees.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

-2%

2 year growth

-19%

Benefits

Comprehensive health and wellness

Generous parental leave

Flexible paid time off

401(k) company match

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