Nigerian fintech Appzone raises $10M for expansion and proprietary technology
23 Apr, 2021
– Clinical Research IO (CRIO) announced the completion of a $3.5m Series A round led by Rally Ventures.
– The round allows CRIO to expand its product and engineering teams to develop the next wave of products.
– In 2020, in the face of travel restrictions imposed by many research sites, the company more than doubled its revenue, acquiring over 600 research sites in 12 countries, as sites embraced the CRIO’s electronic source and regulatory offerings.
– Raymond Nomizu, company co-founder and CEO: “Our goal has always been to streamline clinical research. To do this, we need to ramp up our product and engineering teams. We have laid the groundwork with our unparalleled site network of electronic adopters, and now we want to leverage this to unlock efficiencies for sponsors and CROs.”