Precia Group
Precia Group is a Seattle-based CRO/SMO founded in 2020 that provides end-to-end clinical trial services to pharmaceutical, biotech, and medical device companies in women's health. Its Precia Network of community hospitals increases diverse representation in clinical research.
- Company typePrivate
- Founded2020
- HeadquartersSeattle, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Precia Group does
Precia Group is a Seattle, Washington-based privately held Clinical Research Organization (CRO) and Site Management Organization (SMO) founded in 2020 by Donna Russell, MHA. The company is purpose-built around women's health clinical research across the lifespan, covering reproductive health, pregnancy, menopause, and conditions disproportionately affecting women such as autoimmune and cardiovascular disease. Its core offering is an end-to-end clinical trial services suite — strategic consulting, clinical operations, regulatory strategy from IND through marketing applications, clinical data management, site selection and feasibility, study design and protocol development, KOL/PI engagement, biobanking services, customized site performance management, and medical record abstraction — delivered to pharmaceutical, biotechnology, and medical device sponsors, healthcare start-ups, and community hospitals and clinics. Pricing is quote-based under multi-year contracts and is not publicly disclosed.
The company's principal technical and commercial differentiator is the Precia Network, a first-of-its-kind collaborative CRO model aggregating US and international community and rural hospitals and clinics. The Network is designed to recruit and retain women, minorities, and underserved populations in clinical research at materially higher rates than typical trials — a case study reports 1,600+ women recruited in Year 1 of an observational diagnostic study with 7 of 10 pregnant women agreeing to enroll, 40% African American participation, and 10% Hispanic/Latin participation. Underlying technology is a customized electronic data capture platform and customized medical record abstraction processes, supplemented by partnerships with industry-leading biospecimen storage providers for maternal and neonate biobanking.
Precia's go-to-market is sales-led and enterprise-focused: direct partnership engagement with sponsors, site relationship management through the Precia Network, and strategic consulting for community hospital systems on biobank establishment and FDA Guidance Inclusion Plans. The company is dual-certified as a Women-Owned Small Business (WOSB) by the U.S. SBA and as a Women-Owned Business Enterprise National Council (WBENC) member, conferring preferred-vendor status with diversity-prioritizing procurement organizations. The company is founder-controlled, reports no disclosed funding rounds, no parent company, no subsidiaries, and no acquisitions, and operates from a single Seattle headquarters under a small named senior leadership team.
Precia Group firmographics
Firmographics- Name
- Precia Group
- Legal name
- Precia Group
- Website
- https://preciagroup.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Precia Group is a Seattle-based CRO/SMO founded in 2020 that provides end-to-end clinical trial services to pharmaceutical, biotech, and medical device companies in women's health. Its Precia Network of community hospitals increases diverse representation in clinical research.
- Ownership category
- akta.pro rank
Precia Group industry classification
Industry- Product category
- Clinical Research Services
- akta.pro primary industry
- Clinical CROs (Phase I–IV) (HLAGAAAA)
- akta.pro secondary industries
- Specialty Therapeutic-Area CROs (e.g., oncology/rare disease) (HLAGAAAL), Patient Recruitment, Site Feasibility & Trial Enablement CROs (HLAGAAAI), Clinical Site Start-Up & Activation (Regulatory/Ethics/Contracts) (HLAGACAC)
Keywords
Where Precia Group is headquartered
LocationHeadquarters
- HQ city
- Seattle
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Precia Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Clinical Research Organization Services: Comprehensive clinical trial solutions including strategic consulting, clinical operations, regulatory strategy, and clinical data management services for drug and device development targeting women's health. Services span from IND submissions to marketing applications.
- Site Management Organization Services: Site management services that enhance operational efficiency and ensure high-quality data collection and regulatory compliance across the Precia Network of community and rural research sites.
- Strategic Consulting Services: Consulting services advising community hospital systems on establishing biobanks and research institutes, as well as FDA Guidance Inclusion Plans for sponsors seeking regulatory compliance.
- KOL Access and Engagement Services: Access to Precia's vast network of women's health Key Opinion Leaders (KOLs) and Principal Investigators (PIs) for study design consultation, standard of care insights, and market readiness support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom engagement based on partnership scope and service requirements |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Precia Group product offering
Product offeringCore offering
Precia Group is a Clinical Research Organization (CRO) and Site Management Organization (SMO) that delivers end-to-end women's health clinical trial services, including strategic consulting, clinical operations, regulatory strategy, clinical data management, site selection, study design, biobanking, and KOL access. Its proprietary Precia Network of US and international community hospitals and clinics enables clinical research in geographic areas where women receive care, supporting sponsors, sites, and emerging start-ups across the women's health continuum.
Product overview
Precia Group is a dual-certified Women-Owned Small Business and Clinical Research Organization (CRO) / Site Management Organization (SMO) offering a comprehensive suite of clinical research services focused on women's health. The company provides end-to-end clinical trial solutions including Strategic Consulting, Clinical Operations, Regulatory Strategy, Clinical Data Management, Site Selection, Study Design, Biobanking Services, and KOL Access and Engagement. At the core of their model is the Precia Network, a unique community-based research network connecting US and international community hospitals and clinics to increase women's representation in clinical trials. Additional services include Site Management Services, Customized Performance Management tools, and Medical Record Abstraction processes. The company serves pharmaceutical, biotechnical, and medical device companies (Sponsors), research sites, and emerging Start-ups across the women's health continuum including reproductive health, pregnancy, and menopause.
Differentiator
Problem solved
Functional benefit
Brands
- Precia Network: A community-based research model network of US and international community hospitals and clinics engaging women as partners in research
Products and services
- Strategic Consulting
Quantifiable outcome
- 7 of 10 pregnant women agree to enroll in trial
- +4 more outcomes
Companies that use Precia Group
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Precia Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Precia Group partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Academic Medical CenterscorePrecia partners with Academic Medical Centers to create new research opportunities for women in the geographic areas where they receive care. These partnerships support maternal and neonate biobank establishment, care plan creation, and global harmonization of maternal cohorts for large-scale multi-omics studies.
- Industry Leading Biospecimen Storage Solutions ProviderscorePrecia partners with industry leading biospecimen storage solutions to meet sponsors' specimen short- and long-term banking needs, supporting the establishment of maternal and neonate biobanks for pregnancy cohort research.
- Community Hospitals and Clinics (Precia Network)corePrecia Network is a first-of-its-kind collaborative CRO model with community hospitals and clinics, addressing the critical need to increase research capacity at sites with limited regulatory experience, shortage of qualified clinical research staff, and lack of access to experienced Principal Investigators. These partnerships bring clinical trials and health solutions to communities that stand to benefit from them the most.
- Bill & Melinda Gates FoundationminorCEO Donna Russell previously consulted globally with the Bill & Melinda Gates Foundation and other major funders and NGOs on maternal health research, establishing biobanks and research networks in community settings.
- Seattle Children's Research Institute - Global Alliance to Prevent Prematurity and Stillbirth (GAPPS)minorCEO Donna Russell previously served as Director of Research at Seattle Children's Research Institute Global Alliance to Prevent Prematurity and Stillbirth (GAPPS), bringing deep expertise in pregnancy outcomes research and biobank harmonization.
- Valley Medical CenterminorCEO Donna Russell serves on the board of Valley Medical Center, a community hospital affiliated with the University of Washington, demonstrating deep understanding of integrating research into clinical settings for high-quality, diverse, and equitable studies.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Precia Group competitors and assessment
Company assessmentBroad incumbents
- Fortrea (LabCorp Drug Development spinoff): Spun off from LabCorp in 2023, Fortrea is a major CRO offering clinical development, patient access, and laboratory services. It is a broad incumbent with similar end-to-end service breadth but no women's health specialization.
- ICON plc: Top-tier global CRO providing Phase I–IV clinical trial services, laboratory services, and consulting. ICON competes for the same pharma/biotech sponsors as Precia but operates at vastly greater scale without a dedicated women's health or community site focus.
- Parexel International: Global CRO with deep therapeutic area expertise including oncology, neuroscience, and rare disease. Parexel is a broad incumbent comparable to Precia in offering strategic consulting through regulatory submission, but at much larger scale.
- Syneos Health: Global biopharmaceutical solutions organization offering clinical development and commercial services. Syneos is a broad incumbent peer with comparable CRO capabilities to Precia but at significantly larger scale and broader therapeutic scope.
- PPD (Thermo Fisher Scientific): Global CRO acquired by Thermo Fisher in 2021, offering comprehensive clinical research and laboratory services. PPD is a broad incumbent that competes with Precia for Phase I–IV sponsor work, particularly with its post-acquisition scale.
- IQVIA: The largest global CRO offering full Phase I–IV clinical research services, real-world evidence, and technology platforms. IQVIA is a broad incumbent Precia competes with for sponsor dollars, but lacks Precia's dedicated women's health specialization and community-site network.
Others
- Clario: Clinical trial endpoint technology and eCOA/ePRO/data management provider. Clario is a technology peer given Precia's customized EDC and data management offering, and would be a partner or substitute depending on sponsor build-vs-buy preference.
Direct peers
- Medpace Holdings: Mid-sized full-service CRO with strong therapeutic specialization across oncology, metabolic disease, and women's health indications. Medpace is a direct peer given its sponsor-focused, full-lifecycle clinical trial model and reputation for operational execution.
- Worldwide Clinical Trials: Mid-sized global CRO focused on Phase II–IV trials with deep therapeutic area expertise in CNS, cardiometabolic, and rare disease. Worldwide is a direct peer given its mid-tier size, sponsor-led model, and therapeutic specialization similar in spirit to Precia's women-health focus.
Emerging players
- ObvioHealth: Digital-first decentralized CRO focused on women's health, pediatrics, and other therapeutic areas. ObvioHealth is an emerging player comparable to Precia in women's health focus and willingness to bring trials into non-traditional/community settings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks1 record
Key highlights7 records
Customer concentration
Precia Group social profiles
Digital presencePrecia Group compliance and trust
Trust signalCompliance2 records
Precia Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Precia Group leadership team
Management profileNumber of profiles
Profiles4 records
Precia Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Precia Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Precia Group
What does Precia Group do?
Precia Group is a Clinical Research Organization (CRO) and Site Management Organization (SMO) that delivers end-to-end women's health clinical trial services, including strategic consulting, clinical operations, regulatory strategy, clinical data management, site selection, study design, biobanking, and KOL access. Its proprietary Precia Network of US and international community hospitals and clinics enables clinical research in geographic areas where women receive care, supporting sponsors, sites, and emerging start-ups across the women's health continuum.
Is Precia Group a public or private company?
Precia Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Precia Group founded?
Precia Group was founded in 2020. It employs 1 to 10 people.
Where is Precia Group based?
Precia Group is headquartered in Seattle, United States, in the North America region.
How does Precia Group make money?
Four revenue lines are on record. Clinical Research Organization Services are the primary driver. The others are site Management Organization Services, strategic Consulting Services and KOL Access and Engagement Services.
Who are Precia Group's main competitors?
Broad incumbents on record are Fortrea (LabCorp Drug Development spinoff), ICON plc, Parexel International, Syneos Health, PPD (Thermo Fisher Scientific) and IQVIA. Clario is listed as an others. Direct peers are Medpace Holdings and Worldwide Clinical Trials. ObvioHealth is listed as an emerging player.
Does Precia Group have an API?
No public API is recorded for Precia Group.
What industry is Precia Group in?
Precia Group's product category is Clinical Research Services. Its primary akta.pro industry code is HLAGAAAA, Clinical CROs (Phase I–IV), with a secondary code of HLAGAAAL, Specialty Therapeutic-Area CROs (e.g., oncology/rare disease).