Florence Named an INC 500 Fastest Growing Company in 2020 Highlighting Rapid Growth of Its Platform to Accelerate and Remotely Connect Clinical Trial Operations
ATLANTA, August 12, 2020 – Inc. magazine today revealed that Florence is No. 494 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies, with a three-year growth rate of over 940%. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
“Over the last three years, our team built the largest digital platform for clinical trial site operations in the world with over 7,200 study sites in 27 countries,” says Ryan Jones, CEO of Florence. “Not only did this rapid growth allow us to achieve a prominent ranking on the 2020 INC 500 list, but our platform, already connected to a vast network of research sites, was harnessed to help mitigate COVID-19 disruptions to clinical trial operations.”
In addition to a suite of workflow, document, and data management solutions powering more than 7,200 research sites across 27 countries, Florence supports the advancement of COVID-19 vaccine trials through its remote collaboration and access platform. Florence’s Remote Site Monitoring Module, coupled with its eHub, eBinders, and eTMF platforms, supports expedited study start-up and remote site access – attributes that can make a significant difference in the race for a viable solution.
“COVID forced clinical trial operations to rapidly evolve with transformation agendas leaping ahead by three to five years,” says Blake Adams, VP of Marketing at Florence. “Because of our success in building proven solutions that research sites love to use, we are now the solution of choice for clinical research sponsors to remotely access their study sites for monitoring, management, and source data verification.”
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
POWERED BY FLORENCE
Based in Atlanta, Florence is the leading platform for remote connectivity and electronic document workflow management in clinical research and is considered the industry standard with more than 7,200 research sites in 27 countries, sponsors and CROs collaborating on its network. Florence advances clinical trials through software for managing document and data flow between research sites and sponsors. Florence solutions foster 25% faster start-up time and 40% reduced document cycle time, among other benefits. To learn about advancing research through collaboration, visit www.florencehc.com.
More about Inc. and the Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.