Auxilius, a provider of clinical trial financial management software, has secured USD 10 million in a financing round led by SignalFire. This brings the total funds raised by the company to USD 20 million.
The raised funding will be directed toward expanding the company's operations and enhancing its development endeavors.
Auxilius, headquartered in New York, is a leading provider of cloud-based clinical trial financial management (CTFM) software. Founded in 2020, the company offers a comprehensive platform that supports clinical trial financial management by automating financial closes, optimizing clinical trial budgets, and providing detailed analytics on investigator spend.
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