Assentia, Inc.
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Assentia, Inc. - overview
Established
2022
Location
Raleigh, NC, US
Primary Industry
Semiconductors
About
Founded in 2022 and based in North Carolina, US, Assentia, Inc. provides contract negotiation, payments, and software-as-a-service based consultation services for its business clients. The company operates GrantPay and GrantPact brands. In October 2024, Ledger Run, Inc.
, a portfolio company of Blue Star Innovation Partners, acquired Assentia, Inc. Assentia Global specializes in providing technology-enabled solutions for global contracts and payments, focusing on accelerating Study Startup and ensuring accurate Site Payments. The company’s flagship products, GrantPay™ and GrantPact™, are proprietary software applications designed to streamline the contract and payment processes within the clinical research sector. These platforms leverage Human-Mediated Automation to facilitate timely payments and detailed reporting throughout the contract lifecycle.
Assentia serves a diverse client base, including mid-sized biotech firms and other organizations involved in clinical trials across North America, Europe, and Asia-Pacific regions. Assentia Global operates under a subscription-based revenue model, where clients engage with the company for its software solutions tailored to the clinical research industry. The transactions typically involve annual or multi-year agreements, wherein clients pay for access to the GrantPay™ and GrantPact™ platforms to manage their contracting and payment processes. Assentia plans to expand its services into new markets, particularly targeting Europe and Asia-Pacific by 2025, to align with the global demand in clinical research management.
Current Investors
Ledger Run, Inc.
Primary Industry
Semiconductors
Sub Industries
Consulting Services, Financial Services, Analytics & Performance Software
Website
www.assentiaglobal.com
Verticals
Artificial Intelligence, Cloud Computing, FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Assentia, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Assentia, Inc. | - |
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