About Advarra
Advarra is a company based in Columbia (United States) founded in 2017 was acquired by Blackstone in June 2022.. The company has 249 employees as of March 31, 2024. Advarra has completed 6 acquisitions, including Bio-Optronics, Forte Research and IntegReview IRB. Advarra offers products and services including IRB Review, Clinical Conductor, and OnCore. Advarra operates in a competitive market with competitors including Teneo, ZS, Prophet, Cyient and Huron Consulting Group, among others.
- Headquarter Columbia, United States
- Employees 249 as on 31 Mar, 2024
-
Sectors
HealthcareBusiness Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Advarra India Private Limited
- Date of Incorporation 03 Nov, 2010
- Jurisdiction Bengaluru, Karnataka, India
-
Annual Revenue
$4.19 M (USD)88.63as on Mar 31, 2023
-
Net Profit
$402.59 K (USD)97.54as on Mar 31, 2023
-
EBITDA
$869.33 K (USD)53.79as on Mar 31, 2023
-
Latest Funding Round
-
Investors
Blackstone
& 2 more
-
Employee Count
249
as on Mar 31, 2024
-
Investments & Acquisitions
Bio-Optronics
& 5 more
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Advarra
Advarra offers a comprehensive portfolio of products and services, including IRB Review, Clinical Conductor, and OnCore. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for overseeing institutional review boards in clinical trials
Software platform for managing clinical trial operations
System for handling clinical research data and workflows
Unlock access to complete
Software Development Team
36 people
Leadership Team
31 people
Product Management Team
17 people
Research Team
13 people
Human Resources and Administration
12 people
Sales and Marketing
8 people
Finance and Accounting
7 people
Strategic Team
7 people
Unlock access to complete
Funding Insights of Advarra
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Advarra
Advarra has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Blackstone, CPP Investments and Genstar Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Diversified investment management is provided across multiple asset classes.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Pension fund assets are managed for sustainable long-term growth.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Advarra
Advarra has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Bio-Optronics, Forte Research and IntegReview IRB. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Clinical trial platfoms for sites as well as patients
|
2014 | ||||
|
Consulting services to the life science and consumer goods industries
|
2003 | ||||
|
Specialized software for clinical research compliance and efficiency is developed.
|
2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Advarra
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Advarra Comparisons
Competitors of Advarra
Advarra operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Teneo, ZS, Prophet, Cyient and Huron Consulting Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Business consulting, financial advisory, and crisis management services are provided.
|
|
| domain | founded_year | HQ Location |
Strategic and management consulting services are provided worldwide.
|
|
| domain | founded_year | HQ Location |
Brand and marketing consulting solutions provider
|
|
| domain | founded_year | HQ Location |
Provider of digital engineering and technology services
|
|
| domain | founded_year | HQ Location |
Advisory, consulting, technology, and analytics solutions are provided across industries.
|
|
| domain | founded_year | HQ Location |
Accounting and business advisory services are provided to clients.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Advarra
Frequently Asked Questions about Advarra
When was Advarra founded?
Advarra was founded in 2017.
Where is Advarra located?
Advarra is headquartered in Columbia, United States.
Who is the current CEO of Advarra?
Pat Donnelly is the current CEO of Advarra.
How many employees does Advarra have?
As of Mar 31, 2024, the latest employee count at Advarra is 249.
What is the annual revenue of Advarra?
Annual revenue of Advarra is $4.19M as on Mar 31, 2023.
What does Advarra do?
Advarra was founded in 2017 and is headquartered in Columbia, United States. Regulatory compliance services for global research are offered, encompassing IRB, IBC, consulting, and research technology solutions. Operations focus on institutional review processes, with the company serving as the largest integrated provider of IRB services across more than 3,200 health systems, cancer centers, academic medical centers, and investigators worldwide.
What products or services does Advarra offer?
Advarra offers IRB Review, Clinical Conductor, and OnCore.
How many acquisitions has Advarra made?
Advarra has made 6 acquisitions, including Bio-Optronics, Forte Research, and IntegReview IRB.
Who are Advarra's investors?
Advarra has 3 investors. Key investors include Blackstone, CPP Investments, and Genstar Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.