Bio-Optronics

Rochester, United States Founded: 1985 • Age: 41 yrs Acquired By Advarra
Clinical trial management systems are provided for healthcare workflow optimization.
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About Bio-Optronics

Bio-Optronics is a company based in Rochester (United States) founded in 1985 was acquired by Advarra in March 2021.. Bio-Optronics has raised $30 million across 1 funding round from investors including Advarra and Mainsail Partners. Bio-Optronics offers products and services including Clinical Conductor, eReg, and eSource + EDC. Bio-Optronics operates in a competitive market with competitors including Suvoda, HumanFirst, Circuit Clinical, Curavit and MedAvante-ProPhase, among others.

  • Headquarter Rochester, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $30 M (USD)

    in 1 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Jan 18, 2018

  • Investors
    Advarra

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Advarra

    (Mar 09, 2021)

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Products & Services of Bio-Optronics

Bio-Optronics offers a comprehensive portfolio of products and services, including Clinical Conductor, eReg, and eSource + EDC. 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.

Primary

Manages clinical trials for efficiency and financial tracking

Ensures compliance with regulatory and eConsent workflows

Captures and manages clinical data with remote workflows

Funding Insights of Bio-Optronics

Bio-Optronics has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series B round of $30 million completed in January 2018. 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
  • Total Rounds 1
  • Last Round Series B — $30.0M
  • First Round

    (18 Jan 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2018 Amount Series B - Bio-Optronics Valuation Mainsail Partners
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 Bio-Optronics

Bio-Optronics has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Advarra and Mainsail Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity fund focused on multiple sectors
Founded Year Domain Location
Global research compliance services including IRB and consulting are provided.
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 Bio-Optronics

Investments
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

Financial Statements - Bio-Optronics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Bio-Optronics Comparisons

Employees
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Competitors of Bio-Optronics

Bio-Optronics 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 Suvoda, HumanFirst, Circuit Clinical, Curavit and MedAvante-ProPhase, 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
Clinical trial management solutions are provided through Suvoda's IRT system.
domain founded_year HQ Location
HumanFirst is integrated into ICON, focusing on digital health solutions.
domain founded_year HQ Location
Research site network platform focuses on patient identification, enrollment, recruitment & retention
domain founded_year HQ Location
Contract research organization that offers a complete suite of CRO services for decentralized clinical trials
domain founded_year HQ Location
eSource data capture solutions are provided for clinical trials.
domain founded_year HQ Location
Data management tools are supplied to the healthcare sector.
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 Bio-Optronics

Frequently Asked Questions about Bio-Optronics

When was Bio-Optronics founded?

Bio-Optronics was founded in 1985 and raised its 1st funding round 33 years after it was founded.

Where is Bio-Optronics located?

Bio-Optronics is headquartered in Rochester, United States.

Is Bio-Optronics a funded company?

Bio-Optronics is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series B of $30M, raised on Jan 18, 2018.

What does Bio-Optronics do?

Bio-Optronics was founded in 1985 in Rochester, United States, within the healthcare IT sector. Software products and custom solutions are developed, deployed, and operated to support clinical trial management, including recruitment, scheduling, data capture, and collaboration. Clinical Conductor serves as an enterprise CTMS for sites, sponsors, CROs, and academic centers, while bioPoint addresses patient safety through registration, identification, and medication administration processes.

Who are the top competitors of Bio-Optronics?

Bio-Optronics's top competitors include Suvoda, HumanFirst and Circuit Clinical.

What products or services does Bio-Optronics offer?

Bio-Optronics offers Clinical Conductor, eReg, and eSource + EDC.

Who are Bio-Optronics's investors?

Bio-Optronics has 2 investors. Key investors include Advarra, and Mainsail Partners.

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