Scientific trial recruitment platform SubjectWell scores $35M

SubjectWell, a affected person recruitment platform for scientific trials, introduced it raised $35 million in a Sequence B funding spherical led by Asset Administration Ventures.

Different individuals within the spherical embrace Bertelsmann and current traders Wholesome Ventures, Windham Enterprise Companions and Geekdom Fund.

In keeping with Crunchbase, the Texas-based firm has raised $46.8 million over seven funding rounds.

WHAT IT’S FOR 

The brand new funding spherical will assist SubjectWell speed up its scientific trial-recruitment work, fund its consciousness initiatives relating to post-approval therapies and assist increase the corporate’s assist of most cancers analysis. 

“SubjectWell’s platform aggregates sufferers throughout scores of media channels, thus creating an unprecedented pool of consented sufferers – and may achieve this at scale. We’re proud to companion with SubjectWell and are excited to assist the continued growth of the primary viewers engagement platform for healthcare,” Thorsten Wirkes, senior vp with Bertelsmann Investments, stated in an announcement.

MARKET SNAPSHOT

Quite a few firms are discovering methods to streamline the scientific trial participation course of for individuals. 

In Might, decentralized scientific trial-company Curebase, which provides sufferers a approach to discover and enroll in scientific trials, signal consent varieties, entry telemedicine and schedule dwelling visits, scored $40 million in a Sequence B spherical. The corporate additionally gives a site-facing platform helping with participant recruitment and prescreening. 

A month later, decentralized scientific trial firm THREAD introduced it acquired CureClick, a platform for recruiting trial individuals that goals to enroll individuals in decentralized scientific trials extra simply.

Abroad, Australian startup HealthMatch, a platform for matching sufferers with scientific trials, closed a Sequence C funding spherical of A$10 million ($6.8 million) that may assist the corporate increase its group and its platform’s attain throughout the U.S.