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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
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.
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 | - | - | |
| 2021 | Series A | $3.5M | - | - | |
| 2020 | Convertible Note |
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.
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We do not have customer count information for Clinical Research IO yet.
Clinical Research IO employs approximately 104 people as of 2026, up from 98 in 2024, including 2 sales reps that carry a quota.
Clinical Research IO generates an estimated $10.7M in annual revenue.
Clinical Research IO was founded by Raymond Nomizu.
The CEO of Clinical Research IO is Raymond Nomizu.
Clinical Research IO raised $17.2M across 5 rounds.
Clinical Research IO has 104 employees.
Clinical Research IO is headquartered in Boston, Massachusetts, United States.
Clinical Research IO operates across multiple industries. Browse revenue, funding, and growth data for Clinical Research IO in each sector below.
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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2024 Revenue
$10.7M(Est.)
Funding
$17.2M
Team · 2025
104
Founded
2015
| 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 | |
| 2015 | Launched with $0 revenue |
| $1.4M |
| - |
| - |
| 2017 | Seed Round | $1.7M | - | - |
| 2016 | Angel Round | $1.6M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 104 employees (May 2025) | |
| 2024 | Reached 98 employees (December 2024) | |
| 2024 | Reached 94 employees (October 2024) | |
| 2023 | Reached 88 employees (November 2023) | |
| 2022 | Reached 45 employees (November 2022) | |
| 2022 | Reached 45 employees (January 2022) | |
| 2021 | Reached 22 employees (November 2021) | |
| 2021 | Reached 22 employees (April 2021) |
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