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Insight Partners led a $15m Series A round in Boston Technology Research.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Minority

Single Bidder

Private Equity

Private

Domestic

Completed

United States

software development

regulatory technology

Software

Acquisition

Venture Capital

Synopsis

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Insight Partners, a New York-based global venture capital and private equity firm, led a $15m Series A round in Boston Technology Research, a regulatory technology company serving healthcare, life sciences and SaMD, with participation from LRV Health and NewStack Ventures. "Leveraging technology to manage validation is an absolute business imperative for regulated companies to move to market quickly and responsibly. Customers can unlock real value and innovate faster when they use Res_Q to enhance and automate how they maintain compliance. We are providing a seamless, single source of validation truth for all systems across the enterprise, and we are already transforming patient safety and security at a time when it’s never been more important," Bryan Ennis, BTR CEO.

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