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Incubator/Accelerator
tiescaleup.org

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Investments

24

Portfolio Exits

1

Partners & Customers

1

About ScaleUp

ScaleUp is an accelerator specifically geared to help growth stage companies overcome common obstacles and barriers to scale. The ScaleUp team supports startups that are now in need of the next stage of knowledge, mentoring, connections, and resources, to successfully prepare for scale and their next capital rise. Participation in its five-month accelerator is free for admitted companies and it does not take any equity.

ScaleUp Headquarter Location

United States

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Latest ScaleUp News

Florence Healthcare Announces $27 Million Series C-1 Round Led by High-Growth ScaleUp Investor Insight Partners

Jun 22, 2022

Leading digital research workflow platform expands capabilities to double output of clinical research in the next decade. June 22, 2022 08:30 AM Eastern Daylight Time ATLANTA--( BUSINESS WIRE )-- Florence Healthcare , a clinical trial software company that serves as the digital link between clinical trial sites, sponsors, and CROs, announced today that it has completed its $27 million Series C-1 funding round. Global software investor Insight Partners, which led the Series C, also led this round. To date, Florence Healthcare has raised $114.1 million. This investment will support the company’s mission of doubling the output of clinical trials this decade by enabling remote access. The funds will go toward expanding Florence Healthcare’s staffing, enhancing its product offerings, and accelerating the connectivity across its growing global network of 10,000+ clinical trial sites and sponsors. Florence Healthcare has seen rapid growth in the past year. The company’s eBinders™ platform now streamlines operations for study sites in 45 countries with digital document workflows that strengthen regulatory compliance, improve user adoption, and provide seamless remote connectivity. In addition, Florence Healthcare’s SiteLink™ platform now powers 4 million remote research activities every month by linking sites, sponsors, and CROs in a unified document workflow environment. Sponsors now use SiteLink to remotely connect to study sites for all clinical trial phases and therapeutic areas. "With this funding, we're strengthening our position as the research platform for the remote-work era,” says Ryan Jones, CEO of Florence Healthcare. "We're celebrating two major milestones with this funding: 100 million research documents hosted on our platform and 100 million remote research activities conducted in our ecosystem.” The digitization of research operations will help diversify the site landscape and allow clinical trials to be conducted at sites closer to underrepresented patients who can’t afford to travel to major academic medical centers. Florence Healthcare recently announced that there is a Florence Healthcare software-equipped research site within 25 miles of 80% of the country’s population. “In our network, we are seeing new types of research sites come online because of the efficiency technology delivers, from pharmacies and labs to community clinics and primary care providers,” says Catherine Gregor, Chief Clinical Trial Officer. “These new patient access points will allow faster enrollment and increased diversity among trial participants, and that means drugs and devices will have a safety profile more inclusive of the patients they will treat. Additionally, increased representation in study participants will help sponsors better meet the evolving guidelines for regulatory approval.” About Florence Healthcare Florence Healthcare’s clinical trial software helps more than 10,000 research sites in 45 countries manage their documents, data and workflows. The Florence Healthcare™ platform also provides remote access so sponsors and contract research organizations (CROs) can collaborate with their sites around the world. Florence Healthcare users now perform 3 million remote monitoring activities each month. To learn more, visit florencehc.com . About Insight Partners Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insight's mission is to find, fund and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight Partners encourages a culture around a belief that ScaleUp companies and growth create opportunity for all. For more information on Insight and all its investments, visit insightpartners.com or follow us on Twitter @insightpartners. SiteLink™ and eBinders™ are trademarks of Florence Healthcare, Inc. Contacts

ScaleUp Investments

24 Investments

ScaleUp has made 24 investments. Their latest investment was in MADCash as part of their Incubator/Accelerator on November 11, 2021.

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ScaleUp Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/8/2021

Incubator/Accelerator

MADCash

Yes

9/21/2020

Incubator/Accelerator - III

Meetcaregivers

Yes

1

9/21/2020

Incubator/Accelerator

Cloud Control

Yes

1

9/21/2020

Incubator/Accelerator

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10

9/21/2020

Incubator/Accelerator

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10

Date

11/8/2021

9/21/2020

9/21/2020

9/21/2020

9/21/2020

Round

Incubator/Accelerator

Incubator/Accelerator - III

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Company

MADCash

Meetcaregivers

Cloud Control

Subscribe to see more

Subscribe to see more

Amount

New?

Yes

Yes

Yes

Subscribe to see more

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Co-Investors

Sources

1

1

10

10

ScaleUp Portfolio Exits

1 Portfolio Exit

ScaleUp has 1 portfolio exit. Their latest portfolio exit was Medumo on July 17, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/17/2019

Acquired

4

Date

7/17/2019

Exit

Acquired

Companies

Valuation

Acquirer

Sources

4

ScaleUp Partners & Customers

1 Partners and customers

ScaleUp has 1 strategic partners and customers. ScaleUp recently partnered with Komro on May 5, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

5/28/2019

Partner

Germany

New DirectCLOUD partners: ScaleUp Technologies, G-FIT, komro, and R-KOM - DE-CIX

New DirectCLOUD partners : ScaleUp , G-FIT , komro , and R-KOM .

1

Date

5/28/2019

Type

Partner

Business Partner

Country

Germany

News Snippet

New DirectCLOUD partners: ScaleUp Technologies, G-FIT, komro, and R-KOM - DE-CIX

New DirectCLOUD partners : ScaleUp , G-FIT , komro , and R-KOM .

Sources

1

ScaleUp Team

1 Team Member

ScaleUp has 1 team member, including former Founder, Amma Gyampo.

Name

Work History

Title

Status

Amma Gyampo

Founder

Former

Name

Amma Gyampo

Work History

Title

Founder

Status

Former

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