ForceClouds

About ForceClouds

Founded in 2015, ForceClouds is a Beijing-based software provider that delivers cloud-based solutions tailored for the life sciences and healthcare sectors. The company operates on a Software as a Service (SaaS) model, generating revenue by providing specialized platforms to pharmaceutical companies, medical device firms, animal health and crop science industries, contract research organizations (CROs), and hospitals. ForceClouds has established a market presence with clients that include major multinational corporations like AstraZeneca and Bayer, as well as prominent local enterprises.

The company's offerings are structured around three core pillars. The first is commercial operations optimization, which includes a Customer Relationship Management (CRM) system designed for the healthcare industry, sales force effectiveness (SFE) management, and bonus and channel management tools. The second pillar focuses on clinical research and development, providing solutions such as an Electronic Data Capture (EDC) system and a Clinical Trial Management System (CTMS) to help manage data and reduce costs during clinical trials. The third area is the application of big data and artificial intelligence to drug discovery. A key milestone was the establishment of the ForceClouds-Cornell Medical AI Lab in New York in 2017, a collaboration with Cornell University's School of Medicine. This initiative led to the development of the 'GeniusMED' engine, an AI-driven tool designed to accelerate the new drug R&D process.

ForceClouds has secured significant financial backing to fuel its research and development efforts. The company completed a Series B funding round in late 2019, led by Eight Roads, an investment firm associated with Fidelity International Limited, which has participated in multiple funding rounds. This investment underscores investor confidence in the company's specialized approach to a complex and highly regulated industry. With headquarters in Beijing and additional offices in Shanghai and Dalian, the company is strategically positioned within China's key economic hubs.