Four North Carolina firms, including a Contract Research Organizaation, an Integrated research organization, and two emerging startups have raised a total of more than $10 million in equity according to filings with the U.S. Securities and Exchange Commission.

Javara Research

Javara Research, a Winston-Salem-based Integrated Research Organization (IRO) and raised $3,775,600  in equity from 9 investors according to its SEC filing.

The company says it is “driven to change the clinical research experience and expand access to clinical trials – for both providers and patients. Javara delivers first-class clinical research services to healthcare organizations; bringing a turnkey practice-based clinical trials infrastructure to engage more physicians and patients to participate in clinical research. Recognizing the administrative and resource burden associated with the complexities of clinical trial conduct at the practice level, we aim to make research more efficient and accessible.”

Javara CEO aims to improve patient participation in clinical trials


Clinipace closes on nearly $4 million

Morrisville-based Clinipace raised $3.8 million from 13 investors, according to its SEC filing.

The company explains that it is “a global, full-service contract research organization (CRO),” that offers “a level of collaboration and flexibility not possible not possible in a tradtional CRO environment.” It “strives to improve the way clinical research is performed using the most advanced technology.’

Founded in 2003, Clinipace Clinical Research was originally built as a software company. It now provides services in clinical development, regulatory affairs and clinical analysis. It operates in North America, Latin America, Asia-Pacific and Eastern and Western Europe.The company raised $5 .7 million in 2018 and $3 million in 2017, adding to tens of millions raised since its founding.

Emerging startups?

BIRDBRAIN, a Clayton-based firm listed in the SEC’s “other technology” section, raised $325,000 of a round targeted at $1 million from a single investor, according to its SEC filing. It apparently does not yet have a web site and we could not find any additional information on the company.

While it is probably not related, we did discover that NC has a Birdbrain ostrich farm.

Sharper IT, based in Monroe, raised $152,000 from four investors, but other than its SEC filing, we could not verify additional information on the company, which may be just launching. Steven Champion is the only executive listed.