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Faro Health Inc. Secures $15 Million Series A Financing To Deliver Digital Transformation For Clinical Study Design And Authoring

PRIVATEJun 08, 2021

Amount Raised

$15 Million

Round Type

Series A

San DiegoFinancial ServicesSoftware

Description

Faro Health Inc., a cloud-computing company that simplifies the design and authoring of complex clinical studies for biopharma and medical device customers, announced a $15 million investment led by Section 32 with participation from Northpond Ventures, Polaris Partners and Zetta Ventures.

Quick answer

Faro raised $15 Million in a Series A round, dated June 8, 2021. Faro is based in San Diego, California, United States.

How much did Faro raise?
Faro raised $15 Million in a Series A round on June 8, 2021.
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.

  • Celsius Mining raised $54M on July 23, 2021.
  • Carputty Inc. raised $9M on July 21, 2021.
  • Soldo raised an undisclosed amount (Funding Round) on July 21, 2021.
  • Mural raised $51M on July 20, 2021.
  • Billd raised $30M (Series B) on July 13, 2021.
  • Streamex Corp. raised $600K (Seed) on July 9, 2021.

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.

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

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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
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Faro 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.