Having recently raised a total of $47 million, Winston-Salem startup Javara plans to double its staff within two years.
Javara, an integrated research organization, plans to add approximately 200 employees over the next 12 to 24 months. The company is currently approaching 200 employees, said Senior Director of Marketing Emily Simpson.
Founded in 2018 by Jennifer Byrne, Amanda Wright and Linda McCarty, Javara works to revolutionize the clinical research industry by partnering with health organizations and expanding patient access to clinical research. Javara integrates research teams and infrastructure into the health organizations, offering centralized resources and standardized operations to advance the clinical care as a care option movement.
In just four years, Javara has been able to scale very quickly, employing almost 200 people. Its current health care partners include Wake Forest Baptist Health, Tyron Medical Partners and Privia Medical Group.
In April, the company announced it had raised over $47 million in Series B funding from global growth equity firm General Atlantic – a significant increase in fundraising. It had previously raised a total of $13 million. Of the $47 million raised, $30 million was in the primary offering and $17 million was in the secondary offering.
Javara said it plans to use this new capital to expand geographically and technologically as well as to hire more employees.
The plan is to grow in Winston-Salem as well as across the United States as Javara enters new partnerships with healthcare organizations, Simpson added. In February 2021, Javara signed an Integrated Research Agreement Wake Forest Baptist Health that which extended their existing partnership to provide clinical research services across WFBH’s 24-county service area.
At April’s Founder’s Forum event, Byrne, CEO, said that she is committed to keeping Javara in Winston-Salem and that keeping the headquarters there was part of the agreement with the new investor.
