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Auxilius raises USD 10 million in funding to enhance growth and development
Clinical Trial Technology
Jun 11, 2024
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Clinical Trial Technology

Clinical Trial Technology

Jun 11, 2024

Auxilius raises USD 10 million in funding to enhance growth and development

Funding

  • 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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