# ClinOne

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clinone

- Industry: Healthcare IT
- Headquarters: Greenwood Village, US
- Website: www.clinone.com
- Total disclosed funding: $17M
- Latest round: Series A (Nov 2, 2023)
- Investors on record: 6

## About

ClinOne, Inc., based in Colorado, US, is a healthcare technology firm that provides innovative solutions to enhance participant engagement and streamline clinical trials through a comprehensive digital platform.Founded in 2016 in Greenwood Village, Colorado, ClinOne, Inc. specializes in facilitating clinical trials by connecting participants, care partners, and research sites. The leadership team includes CEO Rob Bohacs, who has a background in healthcare technology. As of the most recent funding round, ClinOne raised a total of USD 2.00 mn, primarily from Boulder Ventures and Highpoint Ventures during its Series A round. The firm has completed eight deals, with the latest deal occurring on September 4, 2024.ClinOne provides a comprehensive platform designed to connect, inform, and empower participants, care partners, and sites involved in clinical trials. The company’s core offerings include trial awareness tools, consent management systems, and participant experience and retention solutions. These products streamline the clinical trial process by offering a centralized hub where users can access essential information such as inclusion/exclusion criteria, clinical protocols, and consent forms via email or mobile devices. ClinOne emphasizes user engagement through a configurable platform that adapts to specific trial protocols, enhancing the overall experience for participants and care teams. The company's services cater predominantly to clinical research organizations (CROs), sponsors, and healthcare providers in North America and Europe, facilitating improved patient recruitment and retention across a diverse range of clinical studies.ClinOne operates on a subscription-based revenue model, providing clients access to its suite of tools and services for a recurring fee. The firm engages primarily in B2B transactions with clinical research organizations, hospitals, and sponsors, which may involve tiered pricing plans based on the scale of deployment and specific features utilized. Revenue is generated through licensing fees for its flagship products, which include trial management and consent systems that are tailored to meet the unique needs of each client. The company’s pricing structure may vary based on factors such as the number of studies managed and the volume of users accessing the platform, ensuring flexibility for different organizational sizes and requirements. Transactions are typically established through contracts that outline service levels, support, and terms of use.On September 4, 2024, ClinOne was acquired by uMotif Limited, which aims to enhance its existing strengths in improving both the site and patient journey. With the acquisition, ClinOne plans to leverage new product developments that are designed to further enhance user engagement and expand its platform capabilities. Additionally, the company is looking to extend its reach into new geographic markets, particularly targeting expansion in Asia and the Middle East by the end of 2025. The recent funding will support these initiatives by providing the necessary capital to develop and launch these new product offerings.

## Funding rounds

- Series A, Nov 2, 2023, $2M — Boulder Ventures, Highpoint Ventures
- Series A, Apr 3, 2023, $11M — Boulder Ventures, CU Healthcare Innovation Fund, First Trust Capital Management
- Series A, Mar 24, 2020, $3.6M — CU Healthcare Innovation Fund
- Seed, Jul 31, 2017, $1M — Rockies Venture Fund, Stout Street Capital

## Investors

- Rockies Venture Fund (https://capitalatlas.ai/funds/rockies-venture-fund) — Seed
- Stout Street Capital (https://capitalatlas.ai/funds/stout-street-capital) — Seed
- CU Healthcare Innovation Fund (https://capitalatlas.ai/funds/cu-healthcare-innovation-fund) — Series A
- Boulder Ventures (https://capitalatlas.ai/funds/boulder-ventures) — Series A
- First Trust Capital Management — Series A
- Highpoint Ventures (https://capitalatlas.ai/funds/highpoint-ventures) — Series A