Clario

Clario

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Private Company

Total funding raised: $350M

Overview

Clario is a leading provider of technology-enabled endpoint services for clinical trials, offering solutions in Cardiac Safety, eCOA, Medical Imaging, Precision Motion, and Respiratory. Founded in 2015 and now part of Thermo Fisher Scientific, the company leverages AI, connected devices, and software to deliver reliable, regulatory-compliant data for sponsors, CROs, and sites. With experience from over 30,000 trials in more than 100 countries, Clario aims to simplify the trial process, improve patient engagement, and accelerate drug development timelines.

Digital HealthAI / Machine Learning

Technology Platform

Integrated suite of validated clinical trial endpoint technologies including software, connected devices, and AI solutions for Cardiac Safety, eCOA, Medical Imaging, Precision Motion, Respiratory, and Clinical Adjudication.

Funding History

2
Total raised:$350M
Series A$150M
Debt$200M

Opportunities

The accelerating shift towards decentralized/hybrid trial models and regulatory acceptance of digital endpoints creates massive demand for Clario's integrated platform.
Acquisition by Thermo Fisher provides greater resources, a broader sales channel, and the ability to offer end-to-end clinical trial services.

Risk Factors

Integration into Thermo Fisher Scientific poses execution and cultural risks.
The competitive landscape for digital trial technologies is intense, requiring continuous R&D.
Regulatory changes or challenges in validating new digital biomarkers could impact growth.

Competitive Landscape

Clario competes with other large, full-service CROs (like IQVIA, Parexel) developing digital capabilities, specialized eCOA/digital endpoint providers (e.g., Medidata, Science 37, Kaye), and imaging/core lab specialists. Its broad, integrated platform and Thermo Fisher backing are key differentiators.