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Faro raises $37M to explore AI's potential in reducing clinical trial timelines.
PRIVATEAug 26, 2026•about 4 hours ago
Amount Raised
$37 Million
Round Type
Venture - Series Unknown
San DiegoFinancial ServicesSoftware
Description
Faro has secured $37M to investigate how AI can expedite the clinical trial process. This round of funding aims to enhance the efficiency of drug development. The investment will be utilized to further develop their technology. Faro is part of a growing trend of startups leveraging AI in the healthcare sector.
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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San DiegoFinancial ServicesSoftware