Advarra Overview

  • Year Founded
  • 1983

Year Founded

  • Status
  • Private

  • Employees
  • 1,863

Employees

  • Latest Deal Type
  • Div. Recap.

  • Financing Rounds
  • 10

  • Investments
  • 10

Advarra General Information

Description

Developer of clinical trial management software designed to improve efficiency and collaboration between research sites, sponsors, and contract research organizations. The company's platform integrates applications to provide shared visibility into study startup progress, utilizes operational data to power actionable insights, automates workflows using artificial intelligence, facilitates patient referrals and document flow, and centralizes clinical trial operational data, enabling research institutions to manage study operations and regulatory compliance.

Contact Information

Website
www.advarra.com
Formerly Known As
Chesapeake IRB, Schulman IRB
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Corporate Office
  • 6100 Merriweather Drive
  • Suite 600
  • Columbia, MD 21044
  • United States
+1 (410)
Primary Industry
Enterprise Systems (Healthcare)
Vertical(s)
Industrials
Corporate Office
  • 6100 Merriweather Drive
  • Suite 600
  • Columbia, MD 21044
  • United States
+1 (410)

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Advarra Valuation & Funding

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

This information is available in the PitchBook Platform. To explore Advarra‘s full profile, request access.

Request a free trial

Advarra Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of clinical trial management software designed to improve efficiency and collaboration between research sites,
Enterprise Systems (Healthcare)
Columbia, MD
1,863 As of 2026

Boston, MA
 

San Antonio, TX
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Advarra Competitors (18)

One of Advarra’s 18 competitors is Athenahealth, a Private Equity-Backed company based in Boston, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Athenahealth Private Equity-Backed Boston, MA
RealTime eClinical Solutions Private Equity-Backed San Antonio, TX
Datacubed Health Venture Capital-Backed King of Prussia, PA
Epic (Other Healthcare Technology Systems) Private Equity-Backed Verona, WI
Change Healthcare Formerly PE-Backed Nashville, TN
You’re viewing 5 of 18 competitors. Get the full list »

Advarra Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Advarra Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Advarra‘s full profile, request access.

Request a free trial

Advarra Investments & Acquisitions (10)

Advarra’s most recent deal was a Buyout/LBO with Watermark Research Partners. The deal was made on 20-Jul-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Watermark Research Partners 20-Jul-2021 Buyout/LBO Media and Information Services (B2B)
Bio-Optronics 03-Mar-2021 Buyout/LBO Enterprise Systems (Healthcare)
YourEncore 07-Jan-2021 Buyout/LBO Consulting Services (B2B)
Longboat 23-Nov-2020 Buyout/LBO Enterprise Systems (Healthcare)
IntegReview 09-Nov-2020 Buyout/LBO Other Healthcare Services
You’re viewing 5 of 10 investments and acquisitions. Get the full list »

Advarra Affiliates

Subsidiaries (3)

Name Industry Location Year Founded
Schulman Associates Holding Company Plantation, FL 2011
YourEncore Indianapolis, IN 2003
Bio-Optronics Rochester, NY 1985

Advarra FAQs

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process