Advarra

Columbia, United States Founded: 2017 • Age: 9 yrs Acquired By Blackstone
Global research compliance services including IRB and consulting are provided.
Annual revenue $4.2M Latest available
Total funding - Funding intelligence
Employees 249 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

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
    Healthcare
    Business Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Advarra India Private Limited
  • Date of Incorporation 03 Nov, 2010
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Business Services → Professional & Consulting Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.19 M (USD)
    88.63
    as on Mar 31, 2023
  • Net Profit
    $402.59 K (USD)
    97.54
    as on Mar 31, 2023
  • EBITDA
    $869.33 K (USD)
    53.79
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Blackstone

    & 2 more

  • Employee Count
    249

    as on Mar 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Blackstone

    & 1 more

    (Jun 13, 2022)

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Products & Services of Advarra

Advarra offers a comprehensive portfolio of products and services, including IRB Review, Clinical Conductor, and OnCore.

Product name locked
Category locked
Primary

Service for overseeing institutional review boards in clinical trials

Product name locked
Category locked
Locked

Software platform for managing clinical trial operations

Product name locked
Category locked
Locked

System for handling clinical research data and workflows

People of Advarra

Headcount 200-500
Employee Profiles 182
Employee Profiles
People
Cooper Richards
Senior Financial Analyst
People
Gadi Saarony
CEO
People
Scott Hoffman
Chief Commercial Officer
People
Jay Westfall
Director

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Funding Insights of Advarra

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Detailed funding history for Advarra

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
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  • Valuation history

Verified entity values are shown only after access is granted.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Locked Locked Locked
-
Locked Locked Locked
Pension fund assets are managed for sustainable long-term growth.
Locked Locked Locked
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Investor details for Advarra

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Verified entity values are shown only after access is granted.

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.

Investments
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Investment portfolio details for Advarra

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Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Clinical trial platfoms for sites as well as patients
Locked Locked 2014 Locked
Consulting services to the life science and consumer goods industries
Locked Locked 2003 Locked
Specialized software for clinical research compliance and efficiency is developed.
Locked Locked 2000 Locked
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Complete acquisition details for Advarra

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Financial Statements - Advarra

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Detailed financials for Advarra

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Advarra Comparisons

Advarra Primary company
Description
Global research compliance services including IRB and consul...
Location
Columbia, United States
Founded Year
2017
Annual Revenue
$4.19 M (USD)
Net Profit
$402.59 K (USD)
EBITDA
$869.33 K (USD)
Employees
249
As of 2024
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Peer comparison for Advarra

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Business consulting, financial advisory, and crisis management services are provided.
Locked Locked Locked
Strategic and management consulting services are provided worldwide.
Locked Locked Locked
Brand and marketing consulting solutions provider
Locked Locked Locked
Provider of digital engineering and technology services
Locked Locked Locked
Advisory, consulting, technology, and analytics solutions are provided across industries.
Locked Locked Locked
Accounting and business advisory services are provided to clients.
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Detailed competitors of Advarra

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  • Domains and locations
  • Full company profiles
  • Operating metrics
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Verified entity values are shown only after access is granted.

Latest news on Advarra

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Complete news archive for Advarra

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  • Source and publication date
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Frequently Asked Questions about Advarra

Advarra was founded in 2017.

Advarra is headquartered in Columbia, United States.

Pat Donnelly is the current CEO of Advarra.

As of Mar 31, 2024, the latest employee count at Advarra is 249.

Annual revenue of Advarra is $4.19M as on Mar 31, 2023.

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.

Advarra's top competitors include Cyient, ZS and Teneo.

Advarra offers IRB Review, Clinical Conductor, and OnCore.

Advarra has made 6 acquisitions, including Bio-Optronics, Forte Research, and IntegReview IRB.

Advarra has 3 investors. Key investors include Blackstone, CPP Investments, and Genstar Capital.

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