TriNetX

Cambridge, United States Founded: 2013 • Age: 13 yrs Acquired By The Carlyle Group
Clinical trial management software is provided for researchers and professionals.
Annual revenue - Latest available
Total funding $53.0M 2 rounds
Employees 95 Tracked headcount
Investors 8 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About TriNetX

TriNetX is a company based in Cambridge (United States) founded in 2013 was acquired by The Carlyle Group in September 2020. TriNetX has raised $53 million across 2 funding rounds from investors including Mitsui & Co, The Carlyle Group and ITOCHU. The company has 95 employees as of December 31, 2022. TriNetX has completed 3 acquisitions, including Advera Health, Custodix and Insite Platform. TriNetX offers products and services including TriNetX LIVE™ and EVIDEX®. TriNetX operates in a competitive market with competitors including Medidata, Verily, Signant Health, Clinical Ink and WIRB-Copernicus Group, among others.

  • Headquarter Cambridge, United States
  • Employees 95 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Trinetx, Llc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $53 M (USD)

    in 2 rounds

  • Latest Funding Round
    $40 M (USD), Series D

    Mar 13, 2019

  • Investors
  • Employee Count
    95

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    The Carlyle Group

    (Sep 21, 2020)

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Products & Services of TriNetX

TriNetX offers a comprehensive portfolio of products and services, including TriNetX LIVE™ and EVIDEX®.

Product name locked
Category locked
Primary

Platform for querying de-identified patient records and analytics.

Product name locked
Category locked
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Tool for detecting and managing drug safety signals.

People of TriNetX

Headcount 50-200
Employee Profiles 31
Board Members and Advisors 6
Employee Profiles
People
Steve Kundrot
Chief Operating Officer
People
Kristen Jackson Collins
Senior Vice President, Sales
People
Jesica Freeman
SVP, Product Management & Marketing
People
Brynna Epperly
HR Director

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Board Members and Advisors
people
Leslie Henshaw
Board Member
people
Joseph B Volpe
Board Member
people
Jeff Margolis
Vice Chairman
people
Joe Bress
Board Member

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Funding Insights of TriNetX

TriNetX has successfully raised a total of $53M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $40 million completed in March 2019. 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.

Investors in TriNetX

TriNetX has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Mitsui & Co, The Carlyle Group and ITOCHU.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Corporate-backed venture capital is focused on the life science sector.
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Healthcare ecosystem is supported through investment and innovation by Deerfield.
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Investor details for TriNetX

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  • Investor locations
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  • Participation history

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Investments & Acquisitions by TriNetX

TriNetX has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Advera Health, Custodix and Insite Platform.

Investments
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Investment portfolio details for TriNetX

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of clinical data management platform
Locked Locked 2015 Locked
Provider of a SaaS based regulatory data analysis and pharmacovigilance platform for life science industry
Locked Locked 2010 Locked
Clinical trial patient recruitment solutions are provided by Custodix.
Locked Locked 2000 Locked
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Complete acquisition details for TriNetX

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Financial Statements - TriNetX

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Detailed financials for TriNetX

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Trinetx Comparisons

TriNetX Primary company
Description
Clinical trial management software is provided for researche...
Location
Cambridge, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
95
As of 2022
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Peer comparison for TriNetX

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Competitors of TriNetX

TriNetX 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 Medidata, Verily, Signant Health, Clinical Ink and WIRB-Copernicus Group, among others.

Company Name Domain Founded year HQ Location Description
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Medidata is recognized as a leading provider of SaaS solutions for clinical research.
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AI-based solutions for health management are provided.
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Signant Health is engaged in providing clinical trial technology solutions.
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Paperless eSource and patient engagement solutions for clinical trials
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Regulatory and ethical review services for clinical research are provided.
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Detailed competitors of TriNetX

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Latest news on Trinetx

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Complete news archive for TriNetX

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Frequently Asked Questions about TriNetX

TriNetX was founded in 2013 and raised its 1st funding round 1 year after it was founded.

TriNetX is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

TriNetX is a funded company, having raised a total of $53M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at TriNetX is 95.

TriNetX offers clinical trial management software for researchers and professionals. The company has developed tools like TriNetX Analyze that assist in analyzing clinical trial data, TriNetX Research that gives a comparative analysis of treatment and outcomes, TriNetX Analyze assist in analyzing medical reports for medication conflicts, and more. The TriNetX Network, allows researcherssponsors to analyze patient populations, refine clinical study assumptions, and ultimately locate the best clinical sites and successfully recruit patients to their study. It enables pharmaceutical companies, healthcare providers, and CROs to truly leverage patient data in a way that fosters collaboration and efficiency in clinical research to make a lasting impact on drug development and bring new therapies to market faster.

TriNetX's top competitors include Medidata, Verily and Deep 6 AI.

TriNetX offers TriNetX LIVE™ and EVIDEX®.

TriNetX has made 3 acquisitions, including Advera Health, Custodix, and Insite Platform.

TriNetX has 8 investors. Key investors include Mitsui & Co, The Carlyle Group, ITOCHU, Merck Global Health Innovation Fund, and ITV.

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