Faro Health, a San Diego, CA-based cloud computing company developing digital infrastructure for smart clinical trials, raised $20M in funding.
The round was led by General Catalyst with participation from Section 32, Polaris Partners, Zetta Ventures, and Northpond Ventures. General Catalyst Partner Elena Viboch will join Faro’s Board of Directors.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by CEO Scott Chetham, Faro Health is a cloud-computing company that simplifies the design and authoring of complex clinical studies for biopharma and medical device customers. platform, The platform assists teams with collaboratively designing and authoring studies that answer key scientific questions in the least burdensome way for patients, sites, payers, and regulators. Automation eliminates inconsistencies and errors through standardization and transformation of protocol content that can then be used to propagate applicable study documents and program downstream systems.
FinSMEs
09/02/2023