About DATATRAK
DATATRAK is a publicly listed company based in Cleveland (United States) founded in 1991. Cloud-based eClinical solutions for clinical trials are provided. DATATRAK has raised $20.79 million across 7 funding rounds from investors including TabaFund. DATATRAK has completed 1 acquisition, including Click Find. Its chief executive, as recorded, is Jim Bob Ward. DATATRAK offers products and services including EDC, RTSM, CTMS, PMS, and EMR. Its focus areas include HealthTech, Life Sciences Tech, Research & Development and Clinical Trials. Its legal entity is DATATRAK INTERNATIONAL INC. Its competitors include OmniComm, Prelude Dynamics and Cloudbyz.
Company details
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.
- Headquarters Cleveland, United States
- Stage Public
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website datatrak.com
- Social LinkedIn X Facebook YouTube
- Legal Name Datatrak International Inc
- Total Equity Funding$20.79M (USD)
in 7 rounds
- Latest Funding Round$8M (USD), Post-IPO
Aug 2018
- Investors
- Investments & Acquisitions
Products & Services of DATATRAK
DATATRAK offers a comprehensive portfolio of products and services, including EDC, RTSM, CTMS, PMS, and EMR.
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
Apps and channels of DATATRAK
its YouTube channel Fountayn has 11 subscribers and 5 videos.
Videos from DATATRAK
The most watched videos on DATATRAK's YouTube channel, Fountayn (11 subscribers). Click a video to play it here.
More on Fountayn.
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 $20.79M
- Total Rounds 7
- Last Round Post-IPO — $8M
- First Round $4.33M
(Jan 2002)
- Investors Count 1
All 7 funding rounds of DATATRAK with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
1 investors in total: 1 institutional.
Investors in DATATRAK
DATATRAK has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TabaFund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| tabafund.com |
Investor details for DATATRAK
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People of DATATRAK
1 people are tracked at DATATRAK (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jim Bob Ward | President & CEO | Leadership |
Complete people profiles for DATATRAK
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Investments & Acquisitions by DATATRAK
DATATRAK has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Click Find.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Search advertising solutions are provided for business leads and traffic. | clickfind.com | Australia | 0 | Feb 2006 | $18M |
Complete acquisition details for DATATRAK
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Timeline of DATATRAK
5 dated milestones of DATATRAK across 27 years, from founding to its latest funding, stage changes and deals.
- Founded DATATRAK is founded.
- Funding First funding round of $4.3M.
- Acquisition Acquires Click Find.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $8.0M.
Competitors of DATATRAK
DATATRAK has 3 listed competitors in our database. They include OmniComm, Prelude Dynamics and Cloudbyz.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| omnicomm.com | 1997 | Lauderdale, United States | 46 | Web-based electronic data capture (EDC) and eClinical (eClinical) software and services for clinical research organizations | ||
| preludedynamics.com | 2004 | Austin, United States | 19 | Customized web-based systems for clinical trial management are provided. | ||
| cloudbyz.com | 2014 | Chicago, United States | Delivers IT portfolio management software to optimize business technology resources. |
Detailed competitors of DATATRAK
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Web traffic of DATATRAK
Websites that share an audience with DATATRAK (datatrak.com).
Websites whose visitors overlap most with DATATRAK. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pmlive.com | 100% | #627,237 | View details | ||
stephan-gmbh.com | stephan-gmbh.com | 77% | #6,171,269 | – | |
firstwordpharma.com | firstwordpharma.com | 76% | #237,108 | – | |
| abcfinancial.com | 76% | #119,366 | View details |
Top companies in Life Sciences Platforms & Tools
3 companies that operate in the same segment as DATATRAK (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Medidata is recognized as a leading provider of SaaS solutions for clinical research. | 1999 | New York, New York, United States | USD 41.5 M | |||
AI-based solutions for health management are provided. | 2015 | Dallas, Texas, United States | USD 2.8 B | 1,111 | ||
Real-world health data is provided for research and decisions. | 2012 | Menlo Park, California, United States | USD 259.16 M |
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Related news about Datatrak
Complete news archive for DATATRAK
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Frequently Asked Questions about DATATRAK
DATATRAK was founded in 1991 and raised its 1st funding round 11 years after it was founded.
DATATRAK is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Jim Bob Ward is the CEO of DATATRAK, as recorded in our data.
DATATRAK is a funded company, having raised a total of $20.79M across 7 funding rounds to date. The company's 1st funding round was a Series A of $4.33M, raised on Jan 2002.
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.
DATATRAK's top competitors include OmniComm, Prelude Dynamics and Cloudbyz.
DATATRAK offers EDC, RTSM, CTMS, PMS, and EMR.
DATATRAK has made 1 acquisition, including Click Find.
DATATRAK has 1 investor. Key investors include TabaFund.
DATATRAK operates through Datatrak International Inc.