Clinical Research IO
2024 Revenue
$10.7M(Est.)
Funding
$17.2M
Team · 2025
104
Founded
2015
Clinical Research IO Revenue & Funding (2024)
Clinical Research IO generated an estimated $10.7M in annual revenue in 2024. Source: GetLatka estimate
Developer of a e-source system designed to digitally track and store clinical research source data. The company's e-source system replaces the paper forms with a interactive tablet application, researchers are able to configure e-source templates and use a tablet to capture data quickly and accurately due to fail-safes, system alers and other quality assurance features, enabling businesses to collect data more accurately and efficiently.
Last updated
Clinical Research IO Revenue
In 2024, Clinical Research IO's revenue reached $10.7M. The company previously reported $6M in 2023. Since its launch in 2015, Clinical Research IO has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Clinical Research IO Hit $10.7m revenue in October 2024 | Estimated |
| 2023 | Clinical Research IO Hit $6m revenue in November 2023 | Estimated |
| 2021 | Clinical Research IO Hit $1.4m revenue in April 2021 | Not recorded |
| 2015 | Launched with $0 revenue |
Clinical Research IO Valuation, Funding Rounds
Clinical Research IO has not publicly disclosed its valuation. The company has raised $17.2M in total funding to date.
Clinical Research IO has raised $17.2M in total funding across 5 rounds, most recently a $9M Series B round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Series B | $9M | - | - | Not recorded |
| 2021 | Series A | $3.5M | - | - | Not recorded |
| 2020 | Convertible Note | $1.4M | - | - | Not recorded |
| 2017 | Seed | $1.7M | - | - | Not recorded |
| 2016 | Angel | $1.6M | - | - | Not recorded |
Founder / CEO
Raymond Nomizu
CEO
Raymond Nomizu is the co-founder of Clinical Research IO, an eSource and enterprise software company servicing clinical research sites. Since its launch in 2016, it has acquired over 100 sites and continues to streamline operations. Previously the owner and operator of a clinical research site, Nomizu also founded a data analytics company servingover 35 Fortune 500 companies. He also has an extensive background as a management consultant focusing on process and systems improvements. He received his JD degree from Harvard Law School.
Clinical Research IO Employees & Team Size
Clinical Research IO employs approximately 104 people as of 2026, up from 98 in 2024, including 2 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 104 employees (May 2025) | Not recorded |
| 2024 | Reached 98 employees (December 2024) | Not recorded |
| 2024 | Reached 94 employees (October 2024) | Not recorded |
| 2023 | Reached 88 employees (November 2023) | Not recorded |
| 2022 | Reached 45 employees (November 2022) | Not recorded |
| 2022 | Reached 45 employees (January 2022) | Not recorded |
| 2021 | Reached 22 employees (November 2021) | Not recorded |
| 2021 | Reached 22 employees (April 2021) | Not recorded |
Frequently Asked Questions about Clinical Research IO
What is Clinical Research IO's revenue?
As of 2024, Clinical Research IO generated an estimated $10.7M in annual revenue.
Who founded Clinical Research IO?
Clinical Research IO was founded by Raymond Nomizu.
When was Clinical Research IO founded?
Clinical Research IO was founded in 2015.
Who is the CEO of Clinical Research IO?
The CEO of Clinical Research IO is Raymond Nomizu.
How much funding does Clinical Research IO have?
Clinical Research IO raised $17.2M across 5 rounds.
How many employees does Clinical Research IO have?
As of 2025, Clinical Research IO had 104 employees.
Where is Clinical Research IO headquartered?
Clinical Research IO is headquartered in Boston, Massachusetts, United States.
Compare Clinical Research IO to the industry
Clinical Research IO operates across multiple industries. Browse revenue, funding, and growth data for Clinical Research IO in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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