Fundraising Fox
IgniteData
Maidenhead · Founded 2023 · 54 employees on LinkedIn · 4 known investors
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IgniteData builds Archer, a system-agnostic tool that automates the transfer of clinical trial data from hospital EHR systems to sponsors' EDC systems (eSource-to-Sponsor). It serves research sites and pharmaceutical sponsors to reduce data-handling burden and speed up clinical trials.
Founders & leadership
IgniteData was founded in 2023 by Manranjan Virdee, Dan Hydes, and Richard Yeatman.
MV
Manranjan VirdeeCo-founder
DH
Dan HydesCo-founder & PresidentDan Hydes is co-founder and president of IgniteData, which develops Archer, a system-agnostic platform that automates clinical trial data transfer from hospital EHR systems to pharmaceutical sponsors' EDC systems.
RY
Richard YeatmanCo-founder & COORichard Yeatman has spent over 15 years working at the intersection of biopharmaceutical research, healthcare data, and enterprise software. He is Co-Founder and Chief Operating Officer of IgniteData, which developed Archer, an EHR-to-EDC platform that automates clinical trial data transfer between hospitals and sponsors.
ZT
Zach TaftCEOZach Taft held business development roles at Fortune 500 healthcare companies and previously founded or led ventures that were acquired, including M*Modal (acquired by 3M). He co-founded the Clinical Research Innovation Center at Memorial Sloan Kettering Cancer Center and currently serves as CEO of IgniteData, which automates clinical trial data transfer from hospital EHR systems to sponsor EDC systems.
ST
Steve TolleChief Product and Technology Officer (CPTO)Steve Tolle held senior product and strategy roles at IBM Watson Health, Merge Healthcare, Optum, Allscripts, and Pfizer, and currently serves as Chief Healthcare Solutions Officer at Consensus Cloud Solutions, where he leads healthcare interoperability and AI initiatives. He has contributed to healthcare technology exits including Merge Healthcare's $1B acquisition by IBM and brings expertise in medical imaging, EHRs, clinical trials, and healthcare data exchange.
Board
RM
Ryan MorelyBoard director
AM
Aaron MitchellBoard director
GW
Graham WebsterBoard director
Investors · 4
Epsilon Health Investorslisted by Epsilon Health InvestorsWashington
How we know: Epsilon Health Investors's portfolio page · Not right? Tell us
FCA Venture Partnerslisted by FCA Venture PartnersNashville · $500K – $10M
How we know: FCA Venture Partners's portfolio page · funding news · citybiz.co · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
HealthX Ventureslisted by HealthX VenturesMadison
How we know: HealthX Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
Oncology Ventureslisted by Oncology VenturesNew Yorkvia Ben Freeberg · inferred
How we know: Oncology Ventures's portfolio page · press coverage · Not right? Tell us
Funding
SEC filings, press & company announcements$15.9M disclosed across 6 of 8 rounds · 2024–2025
- Undisclosed amountSeries ANov 2025Source ↗
- Undisclosed amountSeries AAug 2025 · 2 sources
FCA Venture Partners (lead)
Source ↗
▶$1.7MraisedOct 2025 · 2 investors · OtherRule 506(b)
▶$1.7MraisedOct 2025 · 2 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Matthew KingDirector
- Ryan MorelyDirector
- Richard YeatmanExecutive Officer, Director
- Zach TaftExecutive Officer, Director
- David RhewDirector
- Dan HydesExecutive Officer
- Offering amount
- $1.7M
- Amount sold
- $1.7M
- First sale
- Oct 2025
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$1.1MraisedAug 2025 · 4 investors · OtherRule 506(b)
▶$1.1MraisedAug 2025 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Zach TaftExecutive Officer, Director
- David RhewDirector
- Richard YeatmanExecutive Officer, Director
- Ryan MorelyDirector
- Matthew KingDirector
- Dan HydesExecutive Officer
- Offering amount
- $1.1M
- Amount sold
- $1.1M
- First sale
- Aug 2025
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$8.1MraisedAug 2025 · 4 investors · OtherRule 506(b)
▶$8.1MraisedAug 2025 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Dan HydesExecutive Officer
- Ryan MorelyDirector
- Zach TaftExecutive Officer, Director
- David RhewDirector
- Richard YeatmanExecutive Officer, Director
- Matthew KingDirector
- Offering amount
- $8.1M
- Amount sold
- $8.1M
- First sale
- Aug 2025
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$500KraisedJul 2024 · 2 investors · OtherRule 506(b)
▶$500KraisedJul 2024 · 2 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Dan HydesExecutive Officer, Director
- Ryan MorelyDirector
- Aaron MitchellDirector
- Zach TaftExecutive Officer, Director
- Richard YeatmanExecutive Officer, Director
- Offering amount
- $500K
- Amount sold
- $500K
- First sale
- Jul 2024
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$500KraisedJun 2024 · 1 investors · OtherRule 506(b)
▶$500KraisedJun 2024 · 1 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Zach TaftExecutive Officer, Director
- Dan HydesExecutive Officer, Director
- Aaron MitchellDirector
- Richard YeatmanExecutive Officer, Director
- Ryan MorelyDirector
- Offering amount
- $500K
- Amount sold
- $500K
- First sale
- May 2024
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
▶$4MraisedMar 2024 · 1 investors · OtherRule 506(b)
▶$4MraisedMar 2024 · 1 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Daniel HydesExecutive Officer, Director
- Manranjan VirdeeExecutive Officer, Director
- Richard YeatmanExecutive Officer, Director
- Graham WebsterDirector
- Ryan MorelyDirector
- Offering amount
- $4M
- Amount sold
- $4M
- First sale
- Mar 2024
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does IgniteData do?
- IgniteData builds Archer, a system-agnostic tool that automates the transfer of clinical trial data from hospital EHR systems to sponsors' EDC systems (eSource-to-Sponsor). It serves research sites and pharmaceutical sponsors to reduce data-handling burden and speed up clinical trials.
- Who founded IgniteData?
- IgniteData was founded by Manranjan Virdee, Dan Hydes, Richard Yeatman in 2023.
- Who are IgniteData's investors?
- IgniteData's investors include Epsilon Health Investors, FCA Venture Partners, HealthX Ventures, Oncology Ventures.
- How much funding has IgniteData raised?
- IgniteData has disclosed $15.9M raised across 6 of its 8 known rounds.
- Where is IgniteData headquartered?
- IgniteData is headquartered in Maidenhead.