2020 - 2021: a defining period for Castor
In August 2020, Castor raised a Series A of $12million, led by Two Sigma Ventures with participation from Hambrecht Ducera Growth Ventures and existing investor INKEF Capital. In July 2021, Castor raised a $45million Series B, co-led by Eight Roads Ventures and F-PRIME Capital. We also launched our scalable decentralized clinical trial platform and integrated product offerings that created the foundation for Castor to realize 383% commercial growth. We now have more than 400 recurring paying customers, including a top-5 pharma company signed in Q1 2021.
What does the future hold?
Castor will make decentralized trials scale, getting the technology in the hands of as many researchers as possible. Having supported more than 7,500 studies globally, we will:
- Continue to deploy our eClinical tools to enable enrollment, screening, and consenting in a fully remote or hybrid fashion.
- Release new mobile offerings included an ePRO app for iOS and Android.
- Capitalize on our investments in data standardization, letting our first users experiment with digital twins: synthetic patients generated from metadata available from previous projects and the actual patients in the trial.
Do you want to help bring clinical trials into the 21st century?
We’re empowering our team with industry experts and are determined to hire more than 50 additional Castorians in 2021 to expand our global team. Recent hires include a new VP of Customer Success from endpoint clinical, a Business Development Manager from Veeva System, a Senior Product Manager from IBM, Merge Healthcare, and a Director of Quality and Compliance from Anju Software.
Apply to our talent pool now and let us know what kind of role you're looking for. We look forward to getting to know you - potential future Castorian!
Castor continues to grow as an Equal Opportunities Employer. We strongly encourage applications from women, people of colour, and people from the LGBTQ(+) community. In your application, please feel free to share the pronouns you use (for example she/her/hers, he/him/his, they/them/theirs, etc).