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Castor Raises $45M Series B To Modernize The Clinical Trial Process And Maximize The Impact Of Research Data On Patient Lives

PRIVATEJul 14, 2021

Amount Raised

$45 Million

Round Type

Series B

United StatesBiotechnologySoftwareAnalyticsInvesting

Description

Castor, a leading provider of clinical trial software, announced today the closing of a $45 million Series B financing round, bringing the company’s total funding to $65 million.

Quick answer

Castor raised $45 Million in a Series B round, dated July 14, 2021. Castor is based in United States.

How much did Castor raise?
Castor raised $45 Million in a Series B round on July 14, 2021.
What does Castor do?
Castor is a leading provider of decentralized and hybrid clinical trial solutions to democratize research.
Where is Castor based and how big is it?
Castor is based in United States.
Who are the decision-makers at Castor?
Fundz holds 1 contact at Castor. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and Investing around the same time

Companies in the same sectors as Castor that raised within 45 days of this round, from Fundz verified event records.

  • Atavistik Bio raised $60M (Series A) on August 24, 2021.
  • Alucio™ raised $4.2M (Seed) on August 23, 2021.
  • Alucio™ raised an undisclosed amount on August 23, 2021.
  • SaaS Alerts, Inc. raised $1.5M (Seed) on August 20, 2021.
  • PBS Biotech raised $10M (Funding Round) on August 16, 2021.
  • ITERATIVE SCOPES, INC. raised $30M (Series A) on August 3, 2021.

Who to call at Castor, and when

A new round usually means Castor is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Castor raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Castor, from your own LinkedIn network

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Company Information

Company

Castor

Location

United States

About

Castor is a leading provider of decentralized and hybrid clinical trial solutions to democratize research. With the highest rated eClinical platform for decentralized and hybrid clinical trials, Castor’s plug and play platform offers rapid deployment at scale, enabling researchers to create a trial in a matter of clicks, with easy enrollment, consent and real-world data capture. Castor is bringing human-centered design to the clinical trial process, from recruitment to analysis, and improving the quality, security and reusability of data for researchers worldwide. For more information, visit www.castoredc.com.

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Fundz sees it the moment Castor raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Castor raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.