Pattern Health Technologies, Inc.

Based in the US, Pattern Health Technologies develops innovative clinical trial solutions that enhance research efficiency and inclusivity, leveraging technology for participant engagement and data management. Pattern Health Technologies, Inc. was founded in 2012 in Durham, US. The company specializes in providing clinical trial solutions and has successfully executed three deals to date.

The latest funding round was a Series A round in December 2024, raising USD 3. 30 mn, bringing the total amount raised to USD 3. 30 mn. The firm is co-founded by Ed Barber and Ed Holzwarth, with Ed Barber currently serving as the CEO.

Pattern Health offers a comprehensive suite of clinical trial solutions designed to enhance the efficiency and inclusivity of research studies. Their core offerings include a unified platform that facilitates participant engagement, data collection, and clinical operations management, catering to a diverse array of use cases ranging from small, single-site studies to large, decentralized global trials. The platform integrates functionalities for electronic Clinical Outcome Assessments (eCOA) and real-world evidence (RWE) gathering, enabling researchers to deploy tools rapidly and flexibly. Notable studies that leverage Pattern Health's technology include trials focused on HIV management, pediatric food allergy prevention, and heart failure management, among others.

The company's client base includes pharmaceutical companies, clinical research organizations, and healthcare providers, with a focus on markets in North America and Europe. Pattern Health generates revenue through strategic partnerships and subscription-based access to its clinical trial platform. Clients enter agreements that typically cover the use of the platform's various features, including participant engagement tools and data analysis capabilities. Revenue streams are primarily driven by B2B transactions, where organizations pay for tailored solutions based on the specific needs of their clinical trials.

While specific pricing details are not publicly disclosed, the revenue model may involve tiered subscription plans that correspond to the scale and complexity of the studies undertaken. This business structure facilitates ongoing relationships with clients as they utilize Pattern's technology for multiple trials, promoting sustainable revenue growth driven by the demand for innovative clinical research solutions. In December 2024, Pattern Health Technologies, Inc. merged with Greenlight Health Data Solutions, Inc.

, enabling the combined entity to offer a comprehensive solution for real-world and electronic health record (EHR) data collection. This merger is expected to improve support for clinical trials, enhance patient engagement, and optimize organizational outcomes. The recent funding will be directed towards developing new products that enhance trial efficiency and planning for expansion into additional markets, particularly targeting Europe and Asia by 2025.