# Circuit Clinical Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/circuit-clinical-solutions

- Industry: Pharmaceuticals
- Headquarters: Buffalo, US
- Website: www.circuitclinical.com
- Total disclosed funding: $37M
- Latest round: Series C (Mar 10, 2022)
- Investors on record: 8

## About

Circuit Clinical Solutions Inc. is an Integrated Research Organization (IRO) dedicated to enhancing the clinical trial process by connecting physicians with diverse patient populations and integrating clinical research into healthcare practices.Founded in 2014, Circuit Clinical Solutions Inc. is based in Buffalo, US, and specializes in improving the clinical trial process. The company has engaged in 6 deals, with its most recent deal occurring in March 2022. Circuit Clinical successfully raised USD 29.00 mn in Series C funding, led by Breakout Ventures, with participation from other investors including LabCorp Ventures and Rochester Angel Network. The firm is helmed by CEO Irfan Khan and Jim Papineau, while Ray Stapell is the founder.Circuit Clinical operates as an Integrated Research Organization (IRO) focused on enhancing the clinical trial process by connecting physicians with diverse patient populations. Their core offerings include a streamlined clinical trial management system that simplifies participant recruitment, engagement, and retention throughout the trial journey. This system facilitates the integration of clinical research into healthcare practices, allowing physicians to incorporate research as a care option while improving access to cutting-edge treatments for patients. The company supports a broad range of healthcare providers and organizations, including hospitals and clinical practices, primarily selling their services in the United States. Their unique model leverages direct access to over 2.5 million electronic medical records within partner health systems, enabling efficient participant identification and recruitment.Circuit Clinical generates revenue through partnerships and collaborations with healthcare providers, sponsors, and contract research organizations (CROs). The firm engages in B2B transactions, offering a suite of solutions designed to optimize clinical trials. Clients typically enter into agreements that may involve subscription-based access to their services or project-based fees for specific clinical trial support. The transactions are structured to accommodate the varying needs of healthcare systems, ensuring that the costs align with the scale and complexity of the clinical trials conducted. Flagship services include participant recruitment and engagement programs tailored to improve trial enrollment rates and retention, contributing to the overall efficiency of clinical research efforts within their network.In March 2022, Circuit Clinical Solutions Inc. raised USD 29.00 mn in Series C funding to further expand its operations. The company plans to utilize this funding to enhance collaborations with both pharmaceutical companies and physician groups, facilitating growth in its services and market reach. They are actively working on new products that will be launched as part of their strategy to integrate clinical research more deeply into healthcare practices. Through this expansion, Circuit Clinical aims to enter new geographic markets across the United States, enhancing its impact in the clinical trial domain.

## Funding rounds

- Series C, Mar 10, 2022, $29M — Medidata Solutions, Inc., Rochester Angel Network, Breakout Ventures, LabCorp Ventures, WNY Impact Investment Fund, First Trust Capital Management
- Series B, Mar 2, 2021, $7.5M — Rochester Angel Network, Breakout Ventures, Launch NY, Buffalo Angels, LabCorp Ventures, WNY Impact Investment Fund

## Investors

- Rochester Angel Network — Series B, Series C
- Breakout Ventures (https://capitalatlas.ai/funds/breakout-ventures) — Series B, Series C
- Launch NY (https://capitalatlas.ai/funds/launch-ny) — Series B
- Buffalo Angels — Series B
- LabCorp Ventures (https://capitalatlas.ai/funds/labcorp-ventures) — Series B, Series C
- WNY Impact Investment Fund (https://capitalatlas.ai/funds/wny-impact-investment-fund) — Series B, Series C
- Medidata Solutions, Inc. — Series C
- First Trust Capital Management — Series C