Florence Healthcare raises $1.7M for software allowing transfer of clinical trial research to the cloud

Florence Healthcare, a health technology start-up, has raised $1.7 million in seed funding, according to TechCrunch. The company is focused on developing software that will help clinical trial researchers exchange information about the trials in the cloud, rather than on paper.

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Pharmaceutical companies and healthcare researchers spend billions on visiting trial sites and creating paper documents that are then scanned to send to the Food and Drug Administration, noted Ryan Jones, founder and CEO of Florence Healthcare in the report. The company’s software, called the Florence eBinder Suite, will allow researchers to share information regarding clinical trials with each other and with agencies like the FDA.

Currently, healthcare facilities like the University of California San Francisco and Mount Sinai Hospital in New York City use Florence Healthcare’s software. The company will use the new funds to increase adoption of the software, according to the report.

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