The Oncology Institute

Trial Library Secures $10 Million Series A to Democratize Clinical Trial Access Through AI-Enabled Community Platform

- Trial Library raised $10 million in Series A funding co-led by SemperVirens Venture Capital and Next Ventures to expand its AI-enabled platform that connects community healthcare providers with clinical trials. - The platform currently operates across 320+ clinics and 1,500+ providers nationwide, addressing the gap where 85% of cancer patients receive treatment in community settings but trials are concentrated in academic centers. - The company has demonstrated significant impact with 642 patient referrals in one year through The Oncology Institute partnership and focuses on diversity with 69% of referrals being non-white patients. - Strategic partnerships with major biopharmaceutical companies including Johnson & Johnson Innovative Medicine and collaborations with payers position Trial Library to make clinical trials a standard care option.