Fundraising Fox

Lightship

El Segundo, US · Founded 2018 · 58 employees on LinkedIn · 11 known investors

Lightship provides clinical trial operations for biopharma companies, CROs, and academic institutions, offering site services, decentralized and hybrid trial models, patient recruitment, and mobile research units. Its research nurses conduct study visits in participants' homes, communities, or via mobile units to broaden trial access and improve enrollment and retention.

Founders & leadership

DMDavid MacMurchy
David MacMurchyinChief Executive Officer
MSMichael Shipton
Michael ShiptoninChief Business Officer
DFDarcy Forman
Darcy FormaninChief Operating Officer
LVLindsay Van Pelt
Lindsay Van PeltinChief Medical Advisor

Investors · 11

Also in the syndicate · 1

THOR Industries

Funding

SEC filings, press & company announcements

$34M disclosed across 1 of 2 rounds · 2021–2024

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Lightship operates a clinical trial site network that delivers studies across multiple settings — physical clinics, participants' homes, telemedicine, and mobile research units (MRUs) — under a single coordinated team of investigators, research nurses, and coordinators. The company matches each study visit to the requirements of the protocol rather than to the constraints of a fixed location, and states that physical sites combined with multi-state investigator licensure allow it to reach participants in all 50 states.

The company offers four delivery models: a traditional site model, serving participants typically within about 30 miles of a site and suited to protocols with complex procedures or specialized equipment; a hybrid model that combines in-clinic anchor visits with at-home and telemedicine touchpoints, which it says extends geographic reach by roughly 60%; a virtual model with national coverage in which visits occur at home or by telemedicine under remote oversight from principal and sub-investigators holding multi-state licensure; and mobile research units that support prescreening, education, and selected study visits in communities. Lightship describes its investigators as experienced across 13 therapeutic areas, including allergy and immunology, cardiovascular, dermatology, endocrinology, gastroenterology, infectious disease, internal and family medicine, metabolics and obesity, neurology, pediatrics, psychiatry, pulmonology, and women's health.

Business model

Lightship contracts with trial sponsors as a single site-network partner, replacing separately contracted nursing agencies, telemedicine platforms, and vendor SOPs with one coordinated team that executes study visits across in-clinic, home, virtual, and mobile settings.

Traction

The company reports that sites offering home visits enroll participants at over twice the rate of traditional brick-and-mortar sites, study startup in as little as six weeks (about 40% faster than the industry average), average patient retention of 95%, more than 40% of engaged patients coming from racially or ethnically diverse communities, and geographic reach more than 2.5x that of a traditional site. It also cites more than 30 completed sponsor audits with zero critical findings.

Full profile — market position, technology, go-to-market, geography

Market position

Lightship presents itself as a clinical trial site network combining traditional site infrastructure with decentralized delivery, offering sponsors an alternative to assembling separate nursing, telemedicine, and site vendors.

Lightship positions itself on four points: consolidation of nursing, telemedicine, and site services under one partner and one set of SOPs; quality, citing more than 30 sponsor audits completed with zero critical findings and two engagements with the FDA that produced supportive feedback on its hybrid and MRU-based delivery model; technology agnosticism; and therapeutic breadth backed by multi-state investigator licensure.

Technology

Lightship describes its model as technology-agnostic: it can deploy its own selected technology stack or integrate with the platforms and workflows sponsors already use, including telemedicine tooling for remote visits and remote investigator oversight.

Go-to-market

Sponsors running clinical trials that require site services and flexible visit models across therapeutic areas.

Geography

Physical sites plus multi-state investigator licensure give the network reach across all 50 states of the US; examples cited include sites in Texas and home visits in Massachusetts.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average patient retentionJan 202595%
Enrollment rate advantage for sites offering home visits vs. traditional brick-aJan 2025Over 2x
Geographic reach extension under hybrid modelJan 202560%
Geographic reach vs. traditional brick-and-mortar siteJan 2025More than 2.5x
HeadcountAug 202658
Share of engaged patients from racially or ethnically diverse communitiesJan 202540%
Sponsor audits completed with zero critical findingsJan 202530 audits
Study startup timeJan 20256 weeks
Therapeutic areas covered by investigatorsJan 202513 therapeutic areas

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Lightship do?
Lightship is a clinical trial site network that runs studies in-clinic, at home, virtually, and via mobile research units.
Who are Lightship's investors?
Lightship's investors include Hikma Ventures, ALLEGIS CAPITAL, Alumni Ventures, Congruent, Congruent Ventures, Define Ventures, Hyperguap, Obvious Ventures and 2 more.
How much funding has Lightship raised?
Lightship has disclosed $34M raised across 1 of its 2 known rounds.
Where is Lightship headquartered?
Lightship is headquartered in El Segundo, US.