Research Dataware, LLC
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Research Dataware, LLC - overview
Established
2005
Location
Lebanon, NH, US
Primary Industry
Software
About
Research Dataware, LLC specializes in providing electronic solutions that enhance compliance and productivity within research institutions, facilitating effective management of institutional review boards and related committees. Research Dataware, LLC, founded in 2005 and headquartered in Lebanon, US, offers electronic management solutions designed for research organizations. The company was acquired in January 2013 by WIRB – Copernicus Group, Inc. , a portfolio company of Arsenal Capital Partners and AXA Private Equity.
There are no known recent pivots or changes in business strategy. IRBNet provides a comprehensive suite of electronic solutions designed to enhance compliance and productivity within research institutions. Their core offerings include tools for research design, management, and oversight that support Institutional Review Boards (IRB), Institutional Animal Care and Use Committees (IACUC), Institutional Biosafety Committees (IBC), and Conflict of Interest (COI) boards. The platform enables users to manage electronic submissions, create custom forms, generate agendas and minutes, and access powerful reporting and performance metrics—all tailored to the specific operational needs of their clients.
IRBNet serves a diverse clientele, including research administrators, committee members, and sponsors across various geographical markets, ensuring accessibility to its secure, web-based solutions for users anytime and anywhere. IRBNet generates revenue primarily through subscription-based models, allowing institutions to integrate their services into their research operations seamlessly. Customers subscribe to the platform, which encompasses a range of functionalities tailored to enhance operational efficiency and compliance. The transaction structure typically involves annual or multi-year agreements with clients, providing them access to IRBNet’s comprehensive electronic management tools.
The company’s flagship product offerings are structured to accommodate institutions of varying sizes, thereby broadening their client base across the research community. Specific pricing plans and terms are customized based on the institution's needs, which reflects the company's commitment to providing scalable solutions for its diverse clientele. As of now, there are no public announcements regarding upcoming new products or specific market expansions beyond the existing operations. The acquisition by WIRB – Copernicus Group, Inc.
in January 2013 signifies a strategic move towards further enhancing their offerings and market reach. The recent acquisition could support potential growth initiatives, though detailed plans have not been disclosed.
Current Investors
WIRB Copernicus Group, Inc.
Primary Industry
Software
Sub Industries
Software, Information Services
Website
www.irbnet.org
Verticals
Research (Non-Medical)
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Research Dataware, LLC - 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 | Research Dataware, LLC | - |
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