What Condor Software does

Condor Software is a San Diego-based, venture-backed software company that builds an AI-powered Financial Intelligence Platform purpose-built for life sciences R&D. Founded in 2020 by former Ernst & Young auditor Jennifer Kyle, the company unifies clinical, operational, and financial data — sourced from ERP, EDC, CTMS, IRT, FP&A, procurement, and CRO vendor systems — into a single proprietary clinical trial data model, addressing a market that the company sizes at roughly $300 billion in annual life-sciences R&D spend, of which over $19 billion is currently managed on the platform.

The platform is organized as a core platform plus modules. Condor Connect handles integrations via an Open API, AI-enabled data ingestion, and SMART mapping. Condor Copilot is the AI assistant that automates accruals, runs variance detection, and guides month-end close. Condor Compass is the analytics, budgeting, and forecasting module with scenario modeling and investigator payment estimation. On top of these, the company offers an Accounting Suite and a Forecasting Suite, and in May 2026 launched an Advanced Analytics and Dynamic Scenario Suite that previews clinical finance AI agents. The platform is SOC 1 Type 2 and SOC 2 Type 2 certified, with controls co-developed alongside PwC, KPMG, EY, and BDO, and supports SOX/404b readiness for life-sciences customers.

Condor sells annual SaaS subscriptions segmented by buyer (Emerging Biopharma, Enterprise Biopharma, MedTech, CROs & Partners) and by function (Accounting, FP&A, Clinical Operations), priced per study or portfolio tier. A demo-led, white-glove enterprise sales motion is complemented by tiered Professional Services (Standard, Enhanced, and Managed Services), a customer referral program, an event-driven demand-gen program, and co-marketing with the Big 4. The company has roughly 25 employees, 150+ active users, and 20+ named customers including Acadia, BridgeBio, Madrigal, Intellia, and Compass Therapeutics. As of March 2026, Condor had raised $36 million in total funding, with a $24 million Series A led by Insight Partners.

Name

Condor Software

Legal name

Condor Software, Inc.

Website

https://condorsoftware.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Condor Software is an AI-powered Financial Intelligence Platform, founded in 2020 and based in San Diego, that unifies clinical, operational, and financial data for life-sciences R&D teams, serving biopharma, MedTech, and CRO customers with accruals, forecasting, and audit-ready compliance.

Ownership category

akta.pro rank

Product category

Life Sciences R&D Financial Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE)

akta.pro secondary industries

IT Governance, Risk & Compliance (IT GRC) Platforms (HDAEALAK), Model Deployment, Serving & Inference Platforms (HDAAABAF)

Keywords

• Clinical trial finance
• R&D financial planning
• Biopharma accrual software
• Clinical trial forecasting
• Life sciences FP&A

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software subscription (SaaS licenses): Annual SaaS subscription priced per study/portfolio tier (Emerging Biopharma, Enterprise Biopharma, CROs & Partners, MedTech). Customers can choose Study-by-Study pricing or an Enterprise Model applying economies of scale based on study volume, term length, and bundled capabilities. Includes Accounting Suite, Forecasting Suite, and Condor Connect.
2. Professional services and managed services: Tiered services on top of subscription: Standard (included with license), Enhanced (adds CRO/clinical vendor change order management, site contract & protocol amendment tracking, guided workflow optimization), and Managed Services (Condor takes ownership of month-end and quarterly close, clinical accounting, and dedicated FTE-extension support). Also offers add-on integration services, change management, audit readiness, and custom reporting.
3. API direct integrations (add-on): Direct API integrations with ERP, EDC, CTMS, and other systems are available at additional cost beyond the base subscription, providing incremental integration services revenue.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels8 records

Core offering

Condor Software sells an AI-powered Financial Intelligence Platform that unifies clinical, operational, and financial data for life sciences R&D teams. The platform is purpose-built for biopharma clinical trial finance and includes modules for automated accruals, AI-driven forecasting and scenario planning, and Open-API integrations with ERP, EDC, CTMS, IRT, and procurement systems. It is sold as a SaaS subscription with tiered functional suites (Accounting, FP&A, Advanced Analytics) plus tiered professional services.

Product overview

Condor Software sells a single unified Financial Intelligence Platform for life sciences R&D, organized as a platform-plus-modules architecture. The Condor Platform provides a unified clinical/operational/financial data model, access controls, compliance-by-design, and codeless configuration as the foundation. Built on top of it are three core modules — Condor Copilot (AI-powered process automation for close, accruals, and variance detection), Condor Compass (analytics, budgeting, forecasting, and investigator payments), and Condor Connect (integrations to ERP, EDC, CTMS, IRT, and vendor systems via Open API, AI-enabled data ingestion, and SMART mapping). On top of these, the platform is packaged into two functional product suites — the Accounting Suite (automated accruals, AI-guided close, CRO variance oversight, amendment-in-progress reporting) and the Forecasting Suite / FP&A (driver-based forecasting, scenario modeling, portfolio dashboards, benchmarking) — plus the newly launched Advanced Analytics and Dynamic Scenario Suite for board-ready forward-looking intelligence. Professional Services (Standard, Enhanced, and Managed Services tiers) wrap expert-led implementation, integration, and ongoing support around the platform.

Differentiator

Problem solved

Functional benefit

Brands

• Condor Copilot: AI-powered assistant that automates accruals, detects variances, and guides teams through month-end close with intelligent workflows and real-time insights for R&D finance teams.
• Condor Compass
• Condor Connect

Products and services

• Condor Platform AI-powered Financial Intelligence Platform that unifies clinical, operational, and financial data into a single source of truth for biopharma R&D teams, supporting CFOs, FP&A, Accounting, and Clinical Operations with automated accruals, real-time forecasting, and audit-ready compliance.
• Condor Copilot AI-powered assistant module that automates accruals, detects variances, and guides R&D finance teams through month-end close and forecasting with intelligent workflows, real-time data, and built-in compliance.
• Condor Compass Advanced analytics and reporting module that transforms clinical trial data into actionable insights with real-time dashboards, budgeting, multi-scenario forecasting, and investigator payment estimation for biopharma finance teams.
• Condor Connect
• Condor Accounting Suite
• Condor Forecasting Suite (FP&A)
• Advanced Analytics and Dynamic Scenario Suite Newly launched AI-powered suite that enables R&D finance teams to model enrollment delays and site activation scenarios without corrupting actuals, compare forecast versions side-by-side, and synthesize everything into live, shareable executive dashboards. Includes internal and industry benchmarking plus LRP and strategic planning.
• Condor Professional Services

Quantifiable outcome

• 90%+ forecast accuracy reported by Condor customers
• +7 more outcomes

Named customers19 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

AI capability8 records

Feature7 records

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Anaplan: Enterprise planning and FP&A platform explicitly named by Condor as an adjacent tool it displaces for biopharma R&D customers. Both sell driver-based forecasting, scenario modeling, and consolidated reporting to enterprise finance teams, with Anaplan covering broader use cases and Condor specializing in clinical trial economics.
• Workday Adaptive Planning (Adaptive Insights): Adaptive Planning is an FP&A platform specifically cited by Condor as adjacent competition and integrated via Condor Connect. It serves similar enterprise finance personas (CFO, FP&A, Accounting) with driver-based budgeting, forecasting, and scenario modeling.
• Planful: Cloud FP&A and financial planning platform cited by Condor as an adjacent competitor. Targets mid-market and enterprise finance teams with budgeting, forecasting, and scenario tools that overlap with Condor's Forecasting Suite for biopharma R&D.
• OneStream: Enterprise financial planning, consolidation, and reporting platform with deep life-sciences footprint and SOX-grade controls. Competes with Condor for biopharma FP&A, accounting, and audit-readiness budgets and offers overlapping forecasting and consolidation capabilities.
• Mosaic (Mosaic Tech): Strategic finance platform for biotech and life sciences companies that automates R&D budgeting, headcount planning, and board reporting. Directly competes with Condor's Emerging Biopharma tier for pre-IPO and mid-cap biotech finance teams.
• Vena Solutions: Mid-market FP&A and budgeting platform with growing life sciences adoption. Targets similar CFO and FP&A personas with driver-based planning, forecasting, and close workflows that overlap with Condor's Forecasting Suite.

Broad incumbents

• Veeva Systems: Dominant clinical operations platform (CTMS, eTMF, Vault) used by most biopharma customers Condor serves. Both partner (Veeva CTMS integrates via Condor Connect) and compete at the boundary of clinical and financial data, with Veeva's broader portfolio giving it cross-sell leverage.
• Medidata (Dassault Systèmes): Industry-standard EDC and clinical trial technology platform integrated with Condor via Condor Connect. As a subsidiary of Dassault Systèmes, Medidata could plausibly extend clinical-finance features into its life sciences platform, representing both partner and competitive threat.
• Oracle EPM (Hyperion): Legacy enterprise performance management and FP&A suite explicitly named by Condor as adjacent competition and integration partner. Oracle's installed base across biopharma finance makes it the most likely incumbent to bundle clinical-finance features if vertical SaaS pressure grows.

Emerging players

• Suvoda: Clinical trial IRT and eCOA technology provider that integrates with Condor via Condor Connect. Operates adjacently in the same biopharma clinical trial stack and has expanded into payment and financial workflow features that could overlap with Condor's investigator payment estimation capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/condor-software-inc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds4 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Condor Software