About DATATRAK
DATATRAK is a company based in Cleveland (United States) founded in 1991.. DATATRAK has raised $20.79 million across 7 funding rounds from investors including TabaFund. DATATRAK has completed 1 acquisition, including Click Find. DATATRAK offers products and services including EDC, RTSM, CTMS, PMS, and EMR. DATATRAK operates in a competitive market with competitors including OmniComm, Climedo, Cisiv, CRFweb and Prelude Dynamics, among others.
- Headquarter Cleveland, United States
- Stage Public
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Datatrak International Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20.79 M (USD)
in 7 rounds
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Latest Funding Round
$8 M (USD), Post-IPO
Aug 16, 2018
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of DATATRAK
DATATRAK offers a comprehensive portfolio of products and services, including EDC, RTSM, CTMS, PMS, and EMR. 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.
System for electronic data capture in clinical trials
Tool for randomization and trial supply fulfillment
Platform for managing clinical operation workflows
Service for post-market surveillance in healthcare
System for electronic medical records management
Funding Insights of DATATRAK
DATATRAK has successfully raised a total of $20.79M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $8 million completed in August 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 Funding
- Total Rounds 7
- Last Round Post-IPO — $8.0M
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First Round
First Round
(01 Jan 2002)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2018 | Amount | Post-IPO - DATATRAK | Valuation |
investors |
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| Jun, 2016 | Amount | Post-IPO - DATATRAK | Valuation |
investors |
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| Jun, 2015 | Amount | Post-IPO - DATATRAK | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DATATRAK
DATATRAK has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TabaFund. 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 |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DATATRAK
DATATRAK has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Click Find. 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 |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Search advertising solutions are provided for business leads and traffic.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - DATATRAK
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Datatrak Comparisons
Competitors of DATATRAK
DATATRAK 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 OmniComm, Climedo, Cisiv, CRFweb and Prelude Dynamics, 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 |
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| domain | founded_year | HQ Location |
Web-based electronic data capture (EDC) and eClinical (eClinical) software and services for clinical research organizations
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| domain | founded_year | HQ Location |
Customizable digital database platform for clinical research is provided.
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| domain | founded_year | HQ Location |
Provider of clinical trial management solutions for data collection in life sciences industries
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| domain | founded_year | HQ Location |
Clinical trial data is captured via web-based eCRF software.
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| domain | founded_year | HQ Location |
Customized web-based systems for clinical trial management are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Datatrak
Frequently Asked Questions about DATATRAK
When was DATATRAK founded?
DATATRAK was founded in 1991 and raised its 1st funding round 11 years after it was founded.
Where is DATATRAK located?
DATATRAK is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Who is the current CEO of DATATRAK?
Jim Bob Ward is the current CEO of DATATRAK.
Is DATATRAK a funded company?
DATATRAK is a funded company, having raised a total of $20.79M across 7 funding rounds to date.
What does DATATRAK do?
DATATRAK was founded in 1991 in Cleveland, United States, as a provider of cloud-based technologies for the clinical trials sector. The SaaS platform DATATRAK ONE is utilized to deliver services such as CTMS, EDC, medical coding, risk-based monitoring, medical imaging capture, randomization and trial supply management, and business analytics. Trial design is supported through an eCRF process. Operations focus on streamlining clinical trial workflows in a cloud environment.
Who are the top competitors of DATATRAK?
What products or services does DATATRAK offer?
DATATRAK offers EDC, RTSM, CTMS, PMS, and EMR.
How many acquisitions has DATATRAK made?
DATATRAK has made 1 acquisition, including Click Find.
Who are DATATRAK's investors?
DATATRAK has 1 investor. Key investors include TabaFund.
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