About Elligo
Elligo is a company based in Austin (United States) founded in 2016.. Elligo has raised $176.48 million across 6 funding rounds from investors including Morgan Stanley, Cerner and Syneos Health. The company has 280 employees as of December 31, 2021. Elligo has completed 4 acquisitions, including ClinEdge, Protenium Clinical Research and Root Health. Elligo offers products and services including IntElligo®, Study Marketplace®, and Patient Select. Elligo operates in a competitive market with competitors including Acurian, Velocity Clinical Research, CenExel, Wake Research and ePatientFinder, among others.
- Headquarter Austin, United States
- Employees 280 as on 31 Dec, 2021
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$176.48 M (USD)
in 6 rounds
-
Latest Funding Round
$40 M (USD), Debt – Venture
Oct 03, 2023
-
Investors
Morgan Stanley
& 12 more
-
Employee Count
280
as on Dec 31, 2021
-
Investments & Acquisitions
ClinEdge
& 3 more
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
Products & Services of Elligo
Elligo offers a comprehensive portfolio of products and services, including IntElligo®, Study Marketplace®, and Patient Select. 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.
Platform for managing and enabling clinical trials efficiently
Technology for simplifying clinical trial site selection and placement
System for engaging patients in clinical research opportunities
Unlock access to complete
Unlock access to complete
Funding Insights of Elligo
Elligo has successfully raised a total of $176.48M across 6 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $40 million completed in October 2023. 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 6
- Last Round Debt – Venture — $40.0M
-
First Round
First Round
(20 Mar 2018)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Debt – Venture - Elligo | Valuation |
investors |
|
| Sep, 2021 | Amount | Series E - Elligo | Valuation | Ally Bridge Group , Morgan Stanley | |
| Dec, 2020 | Amount | Series C - Elligo | Valuation | Cerner |
|
| 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 Elligo
Elligo has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, Cerner and Syneos Health. 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 |
|---|---|---|---|---|
|
Structured debt is provided to life sciences and technology firms.
|
Founded Year | Domain | Location | |
|
Private equity and hedge fund investments in healthcare are managed.
|
Founded Year | Domain | Location | |
|
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
|
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 Elligo
Elligo has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ClinEdge, Protenium Clinical Research and Root Health. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
AI-based software for clinical trial patient communication is provided.
|
2019 | ||||
|
Clinical trial recruitment service company
|
2013 | ||||
|
Patient recruitment and business development services are provided by ClinEdge.
|
2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Elligo
| 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 |
Elligo Comparisons
Competitors of Elligo
Elligo 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 Acurian, Velocity Clinical Research, CenExel, Wake Research and ePatientFinder, 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 |
Patient enrollment and retention solutions for clinical trials are offered.
|
|
| domain | founded_year | HQ Location |
Provider of site management and patient recruitment services
|
|
| domain | founded_year | HQ Location |
Research site management and patient recruitment services are provided.
|
|
| domain | founded_year | HQ Location |
Clinical site management, patient recruitment, and retention services are provided.
|
|
| domain | founded_year | HQ Location |
Clinical trial recruitment service company
|
| 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 Elligo
Frequently Asked Questions about Elligo
When was Elligo founded?
Elligo was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Elligo located?
Elligo is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Elligo a funded company?
Elligo is a funded company, having raised a total of $176.48M across 6 funding rounds to date.
How many employees does Elligo have?
As of Dec 31, 2021, the latest employee count at Elligo is 280.
What does Elligo do?
Elligo was founded in 2016 in Austin, United States, and operates as a contract research organization in the health research sector. Core services encompass patient recruitment, site activation, study initiation, and closeout processes. These activities support clinical trials by streamlining site operations and participant enrollment across various studies. The company maintains a focus on efficient research execution within the U.S. geography.
Who are the top competitors of Elligo?
Elligo's top competitors include Velocity Clinical Research, Acurian and CenExel.
What products or services does Elligo offer?
Elligo offers IntElligo®, Study Marketplace®, and Patient Select.
How many acquisitions has Elligo made?
Elligo has made 4 acquisitions, including ClinEdge, Protenium Clinical Research, and Root Health.
Who are Elligo's investors?
Elligo has 13 investors. Key investors include Morgan Stanley, Cerner, Syneos Health, Piper Sandler, and Norwest Venture Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.