Fundz

Faro Health Secures $20 Million To Scale The Digital Transformation Of Clinical Studies

PRIVATEFeb 08, 2023

Amount Raised

$20 Million

Round Type

Funding Round

San DiegoFinancial ServicesSoftware

Description

Faro Health Inc., a cloud-computing company that is developing digital infrastructure for smart clinical trials, today announced $20 million in additional funding. The round was led by global venture capital firm General Catalyst with participation from previous investors Section 32, Polaris Partners, Zetta Ventures, and Northpond Ventures. General Catalyst Partner Elena Viboch will join Faro's Board of Directors.

Quick answer

Faro raised $20 Million in a Funding Round round, dated February 8, 2023. Faro is based in San Diego, California, United States.

How much did Faro raise?
Faro raised $20 Million in a Funding Round round on February 8, 2023.
What does Faro do?
Based in San Diego, Faro Health Inc. is a cloud-computing company that simplifies the design and authoring of complex clinical studies for biopharma and medical device customers.
Where is Faro based and how big is it?
Faro is based in San Diego, California, United States.
Who are the decision-makers at Faro?
Fundz holds 1 contact at Faro, including the Chief Executive Officer . Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Software around the same time

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

  • Parallel Markets raised $8.6M on March 24, 2023.
  • Streamex Corp. raised $1.5M (Seed) on March 24, 2023.
  • two raised $19M (Series A) on March 21, 2023.
  • Fundpath raised $4.9M (Seed) on March 17, 2023.
  • Wingspan raised $14M (Funding Round) on March 16, 2023.
  • Doroni raised $3.5M (Seed) on March 16, 2023.

Who to call at Faro, and when

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

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Company Information

Company

Faro

Location

San Diego, California, United States

About

Based in San Diego, Faro Health Inc. is a cloud-computing company that simplifies the design and authoring of complex clinical studies for biopharma and medical device customers. More information is available at Faro Health.

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Related People

1 contact
Verified contactsScott C., Chief Executive Officer hiddenSee plans and pricing
Predictive Intelligence
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Faro raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, 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.