About CRFweb
CRFweb is a Healthcare company based in Dublin (Ireland) founded in 2014 by Mats Forsgren. Clinical trial data is captured via web-based eCRF software. CRFweb has raised $1.46 million across 4 funding rounds from investors including Enterprise Ireland, Kroy Wen and KCBL Management. The company has 10 employees. CRFweb was last valued at $604.37 thousand in April 2017. Its chief executive, as recorded, is Tom Beaufoy. Its Indian entity Clindox (India) Private Limited reported revenue of ₹3.16 Cr. Its focus areas include HealthTech, Life Sciences Tech, Research & Development and Clinical Trials.
Company details
CRFweb was founded in 2014 in Dublin, Ireland, as a provider of clinical trial management software. Electronic case report forms (eCRFs) are offered for data capture in pharmaceutical and medical device trials. The web-based platform is customized through a step-by-step design process, enabling control over trial operations in the healthcare sector. Services focus on secure, adaptable solutions for global clinical research needs.
- Headquarters Dublin, Ireland
- Employees 10
- Founders Mats Forsgren
- SectorsHealthcare
- Phone•••• ••••
- Website crfweb.com
- Social LinkedIn X Facebook
- Legal Name Clindox (India) Private Limited
- Date of Incorporation 02 Mar, 2015
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹3.16 Cr
FY 2025 · +90% YoY
- Indian entity net profit₹20.4 Lakh
FY 2025 · 6% margin
- Indian entity EBITDA₹29.4 Lakh
FY 2025 · 9% margin
- Total Equity Funding$1.46M (USD)
in 4 rounds
- Latest Funding Round$223.37K (USD), Seed
Apr 2017
- InvestorsEnterprise Ireland
& 11 more
- Employee Count10
Associated legal entities of CRFweb
CRFweb operates through Clindox (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Clindox (India) Private Limited CIN U72200PN2015FTC154175 | Active | 02 Mar 2015 | Pune, Maharashtra | ₹3.2 Cr | 10 | 2 | View details |
Funding Insights of CRFweb
CRFweb has successfully raised a total of $1.46M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $223.37 thousand completed in April 2017. 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 $1.46M
- Total Rounds 4
- Last Round Seed — $223,367
- First Round $272,788
(Jun 2014)
- Investors Count 12
All 4 funding rounds of CRFweb 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 |
|---|---|---|---|---|---|
| Apr 2017 | $223,367 | Seed | $604,368 | Kroy Wen | |
| Jun 2016 | $401,875 | Seed | $3.05M | Malene Brondberg | |
| Dec 2014 | $559,449 | Seed | $••••• | Enterprise Ireland, Johan Hermansson | |
| Jun 2014 | $272,788 | Seed | $••••• | Johan Hermansson |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2016 | $3.05M | •••••••• |
| Jun 2014 | $1.54M | •••••••• |
Last known valuation $604,368 (Apr 2017). 12 investors in total: 4 institutional and 8 angel.
Investors in CRFweb
CRFweb has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Enterprise Ireland, Kroy Wen and KCBL Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Support is provided to Irish manufacturing and service sector businesses. | 1998 | enterprise-ireland.com | Dublin, Ireland | |
MB Malene Brondberg | unknown_210597586ac341e8a | |||
ML Morten Larsen | Angel investor and advisor, ex-COO of OYO, focused on tech startups | unknown_4d23db5a3e8e41bda | ||
TB Tom Beaufoy | Angel investor in Indian startups, focused on tech and innovation. | unknown_81c5de05940345b2b | ||
JH Johan Hermansson | unknown_392c91da16ce4717b | |||
MK Mayura Kasote | unknown_fdce626e5ec941938 | |||
AR Ashwini Rahul Bawaskar | unknown_ea9a2f43ab284b23b |
Investor details for CRFweb
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.
Board of directors of Clindox (India) Private Limited (CRFweb)
Clindox (India) Private Limited is the primary company behind CRFweb. The board of Clindox (India) Private Limited currently have 2 directors; the longest-serving is Mayura Prashant Kasote, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mayura Prashant Kasote DIN 06911212 | Director | 02 Mar 2015 | 11 yrs 8 mo | Clindox (India) Private Limited |
| Prashant Padmakar Kasote DIN 08974196 | Director | 25 Feb 2021 | 5 yrs 8 mo | Clindox (India) Private Limited |
People of CRFweb
2 people are tracked at CRFweb (2 in leadership); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Tom Beaufoy | CEO | Leadership |
Complete people profiles for CRFweb
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of CRFweb
Figures of Clindox (India) Private Limited, the primary company behind CRFweb, for FY 2025. Revenue was ₹3.16 Cr (+90% year on year). Net profit was ₹20.4 Lakh (6% margin). EBITDA was ₹29.4 Lakh (9% margin). Revenue has grown at a compounded annual rate of +4% over three years and +16% over five years.
- ₹3.16 CrRevenue · FY 2025 · +90% YoY
- ₹20.4 LakhNet profit · 6% margin
- ₹29.4 LakhEBITDA · 9% margin
- ₹1 LakhPaid-up capital
- 10Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Clindox (India) Private Limited are on its company page.
Detailed financial statements for CRFweb
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of CRFweb
4 dated milestones of CRFweb across 3 years, from founding to its latest funding, stage changes and deals.
- Founded CRFweb is founded.
- Funding First funding round of $273K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $223K.
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
Frequently Asked Questions about CRFweb
CRFweb was founded in 2014.
CRFweb is headquartered in Dublin, Ireland.
Tom Beaufoy is the CEO of CRFweb, as recorded in our data.
CRFweb is a funded company, having raised a total of $1.46M across 4 funding rounds to date. The company's 1st funding round was a Seed of $272.79K, raised on Jun 2014.
CRFweb has 10 employees.
The primary company behind CRFweb, Clindox (India) Private Limited, reported revenue of ₹3.16 Cr for FY 2025, up 90% year on year.
CRFweb was founded in 2014 in Dublin, Ireland, as a provider of clinical trial management software. Electronic case report forms (eCRFs) are offered for data capture in pharmaceutical and medical device trials. The web-based platform is customized through a step-by-step design process, enabling control over trial operations in the healthcare sector. Services focus on secure, adaptable solutions for global clinical research needs.
CRFweb has 12 investors. Key investors include Enterprise Ireland, Kroy Wen, KCBL Management, Nyckstek, and Malene Brondberg.
The valuation of CRFweb is $604.37K as of Apr 2017.
CRFweb operates through Clindox (India) Private Limited.
The legal entities of CRFweb currently have 2 directors, including Prashant Padmakar Kasote, Mayura Prashant Kasote.