# Paratus Clinical

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paratus-clinical-pty

- Industry: Pharmaceuticals
- Headquarters: Sydney, Australia
- Website: www.paratusclinical.com
- Latest round: Seed (Sep 9, 2015)
- Investors on record: 1

## About

Paratus Clinical Pty Ltd. is an Australian company specializing in the recruitment and management of clinical trials for the healthcare sector, facilitating efficient participant engagement and data collection to accelerate drug development processes.Founded in 2013 in Sydney, Australia, Paratus Clinical Pty Ltd. focuses on conducting clinical trials that support pharmaceutical companies, CROs, and medical device manufacturers. The firm has raised AUD 1.4 million in its latest funding round from Carthona Capital on October 25, 2017, bringing its total amount raised to AUD 1.4 million. The company has performed 2 deals, indicating its active engagement in the clinical research market.Paratus Clinical specializes in conducting clinical trials for pharmaceutical companies, contract research organizations (CROs), biotechnology firms, medical device manufacturers, and academic research institutions. Their primary service is the efficient recruitment of participants for clinical studies, supported by a team of recruitment specialists across four research-only clinics located in densely populated areas of New South Wales, Victoria, Queensland, and the Australian Capital Territory. These services aim to expedite the introduction of new vaccines and drugs to the market and enhance public health outcomes.Paratus Clinical generates revenue through its clinical trial operations by providing services to a diverse array of clients within the healthcare and pharmaceutical sectors. The company operates on a B2B model, where clients pay for comprehensive support throughout the clinical trial process, including participant recruitment and data management. Their commitment to maintaining high-quality standards and employing technology enhances their reliability as a partner in clinical research, while their involvement with the Society for Clinical Research Sites broadens their network of potential clients and collaborators.In October 2017, Paratus Clinical raised AUD 1.4 million in venture funding, which is planned to be utilized for expanding their operational capabilities and enhancing participant recruitment strategies. The company aims to broaden its market presence by targeting additional regions within Australia and potentially exploring international opportunities to further its clinical trial services.

## Funding rounds

- Seed, Sep 9, 2015 — Carthona Capital

## Investors

- Carthona Capital (https://capitalatlas.ai/funds/carthona-capital) — Seed