About Medable
Medable is a company based in Palo Alto (United States) founded in 2012 by James Sas, Tim Smith, and Michelle Longmire. Medable has raised $518.45 million across 7 funding rounds from investors including Blackstone, PPD and Tiger Global. The company has 376 employees as of December 31, 2022. Medable has completed 1 acquisition, including Omhu. Medable offers products and services including Medable Studio and eCOA Solutions. Medable operates in a competitive market with competitors including Curebase, Huma, Biovotion, SnapIoT and Biorce, among others.
- Headquarter Palo Alto, United States
- Employees 376 as on 31 Dec, 2022
- Founders James Sas, Tim Smith, Michelle Longmire
- Stage Unicorn
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Medable, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$518.45 M (USD)
in 7 rounds
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Latest Funding Round
$304 M (USD), Series D
Oct 07, 2021
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Investors
Blackstone
& 7 more
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Employee Count
376
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Medable
Medable offers a comprehensive portfolio of products and services, including Medable Studio and eCOA Solutions.
AI tool for building studies faster with control and efficiency.
Enables real-time patient-reported data in clinical trials securely.
People of Medable
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Funding Insights of Medable
Medable has successfully raised a total of $518.45M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $304 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Medable
Medable has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Blackstone, PPD and Tiger Global.
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Diversified investment management is provided across multiple asset classes.
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Venture and private equity investments are managed with global diversification.
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Venture capital firm partnering with enterprise software companies and early-stage funds.
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Investor details for Medable
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Investments & Acquisitions by Medable
Medable has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Omhu.
Investment portfolio details for Medable
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AI-based telemedicine for skincare conditions is provided via an app.
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Complete acquisition details for Medable
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Financial Statements - Medable
Detailed financials for Medable
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Medable Comparisons
Peer comparison for Medable
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Competitors of Medable
Medable operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Curebase, Huma, Biovotion, SnapIoT and Biorce, among others.
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Patient enrollment platform for decentralized clinical research is provided.
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Digital and AI-first health products are developed by Huma.
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Patient health vitals are monitored remotely via Biovotion's wearable devices.
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Middleware platform for application development & clinical trials monitoring
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AI-driven clinical assistant platform is provided for drug development.
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Detailed competitors of Medable
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Latest news on Medable
Complete news archive for Medable
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Frequently Asked Questions about Medable
Medable was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Medable is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Michelle Longmire is the current CEO of Medable. They have also founded this company.
Medable is a funded company, having raised a total of $518.45M across 7 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Medable is 376.
Medable was founded in 2012 in Palo Alto, United States, as a provider of cloud-based platforms for clinical trial and drug development processes. Tools for patient screening, teleconsent management, telecommunication, and remote patient monitoring are included in the web-based system. Operations focus on supporting researchers in the healthcare sector with streamlined trial workflows across various geographies.
Medable offers Medable Studio and eCOA Solutions.
Medable has made 1 acquisition, including Omhu.
Medable has 8 investors. Key investors include Blackstone, PPD, Tiger Global, Sapphire Ventures, and WTI.
The valuation of Medable is $2.1B as of Oct 2021.