Clinetic

Overview
News
Clinical Trial Technology?
Product stageSegments
Go-to-Market
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Patient Recruitment, Patient and Outcome Data Management
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North Carolina-based Clinetic is a software provider for clinical trial operators, health systems, and life sciences companies. Clinetic’s solution utilizes electronic health record (EHR) data to enable companies to generate insights, address specific research questions, and enable efficient patient recruitment and data management. The platform’s patient recruitment functions help with monitoring EHR databases to identify potential patients, alert study coordinators, and enable patient data collection virtually. Additionally, Clinic’s platform for patient recruitment comes with several functions that allow trial operators to sort and identify potential patients according to specific search criteria such as demographics, care setting, insurance status, or gestational age.

In a case study carried out by the company, Clinetic claimed that its platform was able to identify patients that fit the clinical trial’s search criteria with an accuracy of 100% across all care settings, including telemedicine. The company operates on a B2B basis, offering its platform to life science companies and health systems for a subscription fee.


Key customers and partnerships

The company noted that, as of June 2024, it had helped more than 20 million patients via its network of 70+hospitals and 2,500+ sites.


Funding and financials

Clinetic raised an undisclosed sum in August 2023 in a Series A funding round led by Sopris Capital. The raised funds were set aside to accelerate patient recruitment and real-world data capabilities, further relationships with healthcare partners in its network, and support collaborations with several customers carrying out operations in the field of life sciences.


HQ location:
Raleigh NC USA
Founded year:
2017
Employees:
11-50
IPO status:
Private
Total funding:
USD 11.4 mn
Last Funding:
USD 5.0 mn (Series A; Aug 2023)
Last valuation:
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