About Acorn Applications
Acorn Applications is a Technology company based in Raleigh (United States) founded in 2013, and was acquired by Clintrax Global in August 2016. Cloud-based analytic solutions for clinical research are developed. It operates in the Technology and Healthcare sectors. Acorn Applications has raised $500 thousand across 1 funding round from investors including Clintrax Global. The company was acqui-hired. Its focus areas include Enterprise Applications, Big Data Analytics, Industry Solutions and HealthTech. Its legal entity is Acorn Applications LLC. Its competitors include Medidata, Verily and IQVIA; 2 of its 3 listed competitors have raised funding.
Company details
Acorn applications develop cloud-based analytic clinical research solutions. Flagship product TrialCTA, a SaaS application, helps clinical research organizations(CROs), medical device, and pharmaceutical companies to manage and track clinical trial contracts that are associated with clinical research studies. The application integrates workflow with the rules engine to manage, track, and accelerate clinical research contracts. Provides built-in integration with the external system including Document Management, EDC, CTMS or IVR. Partnered with Clintrax Global in 2014
- Headquarters Raleigh, United States
- Stage Acquired
- SectorsTechnologyHealthcare
- Website acornapplications.com
- Acquired by Clintrax Global (Aug 2016)
- Legal Name Acorn Applications Llc
- Total Equity Funding$500K (USD)
in 1 rounds
- Latest Funding Round$500K (USD), Seed
May 2015
- Investors
- Acquired byClintrax Global
(Aug 2016)
Funding Insights of Acorn Applications
Acorn Applications has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in May 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $500,000
- Total Rounds 1
- Last Round Seed — $500,000
- First Round $500,000
(May 2015)
All 1 funding rounds of Acorn Applications with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2015 | $500,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Acorn Applications
Acorn Applications has secured backing from 1 investor. Prominent investors backing the company include Clintrax Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of clinical trial training, patient engagement, data monitoring, and regulatory services | 2013 | clintraxglobal.com | Cary, United States |
Investor details for Acorn Applications
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Acorn Applications
3 dated milestones of Acorn Applications across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Acorn Applications is founded.
- Funding First funding round of $500K.
- Exit Acquired by Clintrax Global.
Competitors of Acorn Applications
Acorn Applications has 3 listed competitors in our database, 2 of them funded. They include Medidata, Verily and IQVIA.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| medidata.com | 1999 | New York, United States | $41.5M | 1,677 | Medidata is recognized as a leading provider of SaaS solutions for clinical research. | |
| verily.com | 2015 | Dallas, United States | $2.5B | AI-based solutions for health management are provided. | ||
| iqvia.com | 1982 | Durham, United States | 88,000 | Clinical research and commercialization solutions are provided for healthcare. |
Detailed competitors of Acorn Applications
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Business Analytics & Intelligence Tools
3 companies that operate in the same segment as Acorn Applications (Business Analytics & Intelligence Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Data, analytics, and AI capabilities are unified in a platform. | 2013 | San Francisco, California, United States | USD 20.67 B | USD 15.9 M | 5,679 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
Cloud-based platform for enterprise search | 2019 | Palo Alto, California, United States | USD 765.3 M | 1,751 |
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Frequently Asked Questions about Acorn Applications
Acorn Applications was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Acorn Applications is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Acorn Applications is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on May 2015.
Acorn applications develop cloud-based analytic clinical research solutions. Flagship product TrialCTA, a SaaS application, helps clinical research organizations(CROs), medical device, and pharmaceutical companies to manage and track clinical trial contracts that are associated with clinical research studies. The application integrates workflow with the rules engine to manage, track, and accelerate clinical research contracts. Provides built-in integration with the external system including Document Management, EDC, CTMS or IVR. Partnered with Clintrax Global in 2014.
Acorn Applications has 1 investor. Key investors include Clintrax Global.
Acorn Applications operates through Acorn Applications Llc.
Yes. Acorn Applications was acquired by Clintrax Global in August 2016.