FRNJ

Clinical trial matching for employers.

Health & bioSeedLondon, UK
Odds to close a Series A in 12 months36.2%Range 23%–52%
19 of 24 applicable signals known, low confidence
0.0 today+13.1 30 days
Unlikely
+10.5 pts over the past 180 days
25%50%
Last roundSeed, $1.3M
Led byPrimary
Months since9
Total raised$2.6M
Headcount6
Founded2024

Factors

Factors are groups of signals that can contribute to a company’s success. Each is marked positive or negative for its odds. They’re indicators, not guarantees; together, and tested against real outcomes, they become predictive.

Founders50Neutral5 of 6 signals known
Traction51Neutral2 of 3 signals known
Hiring55Neutral5 of 5 signals known
Capital62Positive4 of 4 signals known
Network72Positive1 of 3 signals known
Product50Neutral2 of 3 signals known

SignalValueEffect on odds
Network1 of 3 pushing up+0.66 net
Capital2 of 4 pushing up+0.33 net
Hiring1 of 5 pushing up+0.13 net
Traction1 of 3 pushing up+0.02 net
Founders2 of 6 pushing up+0.00 net
Product1 of 3 pushing up−0.01 net

3 signals don’t apply to Health & bio companies at Seed and aren’t counted.

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