Algorics Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 184

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 4

  • Investments
  • 1

Algorics General Information

Description

Developer of a cloud-based clinical data management platform designed to handle risk-based monitoring. The company's real-time analytics platform provides niche technology solutions, strategic consulting and embedded resourcing services to allow cross-functional teams to collaborate as they assess and capture the risk profile for a clinical trial, enabling medical organizations to improve their clinical research outcomes.

Contact Information

Website
www.algorics.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Corporate Office
  • Suite 200
  • 111 Speen Street
  • Framingham, MA 01701
  • United States
Primary Industry
Other Healthcare Technology Systems
Other Industries
Other Healthcare Services
Parent Company
Precision Medicine Group
Vertical(s)
SaaS, TMT, HealthTech, Life Sciences
Corporate Office
  • Suite 200
  • 111 Speen Street
  • Framingham, MA 01701
  • United States

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Algorics Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Algorics Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cloud-based clinical data management platform designed to handle risk-based monitoring. The company's rea
Other Healthcare Technology Systems
Framingham, MA
184 As of 2024

Overland Park, KS
 

Pleasanton, CA
 
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Algorics Competitors (25)

One of Algorics’s 25 competitors is WellSky, a Private Equity-Backed company based in Overland Park, KS.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
WellSky Private Equity-Backed Overland Park, KS
Veeva Systems Formerly VC-backed Pleasanton, CA
TriNetX Private Equity-Backed Cambridge, MA
YPrime Private Equity-Backed Malvern, PA
Judi Formerly Angel backed Boston, MA
You’re viewing 5 of 25 competitors. Get the full list »

Algorics Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 3

    Pending

  • Expiring in next 12 mo

Algorics Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
JP-2021176438-A Method for providing training menu Pending 08-May-2020
JP-2021056800-A Specialized information distribution promotion server Pending 30-Sep-2019
JP-2021056801-A Travel plan proposing method Pending 30-Sep-2019
US-20170103190-A1 System and method for evaluating risks of clinical trial conducting sites Inactive 09-Oct-2015

Algorics Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Algorics Acquisitions (1)

Algorics’s most recent deal was a Merger/Acquisition with Domain Clinical Data Sciences. The deal was made on 07-Jun-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Domain Clinical Data Sciences 07-Jun-2021 Merger/Acquisition Enterprise Systems (Healthcare)
To view Algorics’s complete acquisitions history, request access »

Algorics Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Domain Clinical Data Sciences Telangana, India 2013

Algorics FAQs

  • When was Algorics founded?

    Algorics was founded in 2013.

  • Where is Algorics headquartered?

    Algorics is headquartered in Framingham, MA.

  • What is the size of Algorics?

    Algorics has 184 total employees.

  • What industry is Algorics in?

    Algorics’s primary industry is Other Healthcare Technology Systems.

  • Is Algorics a private or public company?

    Algorics is a Private company.

  • What is Algorics’s current revenue?

    The current revenue for Algorics is .

  • How much funding has Algorics raised over time?

    Algorics has raised $2.46M.

  • Who are Algorics’s competitors?

    WellSky, Veeva Systems, TriNetX, YPrime, and Judi are some of the 25 competitors of Algorics.

  • When was Algorics acquired?

    Algorics was acquired on 29-May-2024.

  • Who acquired Algorics?

    Algorics was acquired by Precision Medicine Group.

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