Medidata

New York, United States Founded: 1999 • Age: 27 yrs Acquired By Dassault Systems
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
Annual revenue - Latest available
Total funding $41.5M 6 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Medidata

Medidata is a company based in New York (United States) founded in 1999 by Tarek Sherif was acquired by Dassault Systems in June 2019. It operates as a SaaS (Software-as-a-Service), Professional Services, and HealthTech. Medidata has raised $41.5 million across 6 funding rounds from investors including State Street, TFSCRO and Dassault Systems. Medidata has completed 4 acquisitions, including Clinical Force, Intelemage and Mytrus. Medidata offers products and services including Medidata Platform, Patient Cloud, Rave EDC, and Medidata AI. Medidata operates in a competitive market with competitors including Verily, TriNetX, Signant Health, WIRB-Copernicus Group and Deep 6 AI, among others.

  • Headquarter New York, United States
  • Founders Tarek Sherif
  • Stage Public
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Legal Name Medidata Solutions
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
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  • Total Equity Funding
    $41.5 M (USD)

    in 6 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Dassault Systems

    (Jun 12, 2019)

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Products & Services of Medidata

Medidata offers a comprehensive portfolio of products and services, including Medidata Platform, Patient Cloud, Rave EDC, and Medidata AI.

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Primary

Unified platform dedicated to clinical research transformation.

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Patient-facing tools simplifying clinical trials for participants.

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Advanced system for capturing and managing trial data.

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Tools for reimagining trials with data insights.

People of Medidata

Headcount 1000-5000
Employee Profiles 473
Board Members and Advisors 5
Employee Profiles
People
Lauryl Besase
Solution Consulting Product Enablement Director
People
Jerry Hodges
Client Executive, Strategic Accounts
People
Cameron Navy
Principal Solution Consultant, Digital Therapeutics And The Patient Experience At Medidata Solutions
People
XI YOU
Sr. Director, Global Marketing Operations

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Board Members and Advisors
people
Maria Rivas
Director
people
Robert B. Taylor
Director
people
Neil Kurtz
Director
people
Lee Shapiro
Director

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Funding Insights of Medidata

Medidata has successfully raised a total of $41.5M across 6 strategic funding rounds. 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 Medidata

Medidata has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include State Street, TFSCRO and Dassault Systems.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment firm scaling software and technology companies from early to late stages.
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Venture capital is invested in niche market companies.
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US focused early & growth stage VC firm
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Investor details for Medidata

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  • Investor locations
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  • Participation history

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Investments & Acquisitions by Medidata

Medidata has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Clinical Force, Intelemage and Mytrus.

Investments
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Investment portfolio details for Medidata

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile and Web solutions helping patients to participate in clinical trials from their homes
Locked Locked 2009 Locked
Helps in the exchange of critical medical image
Locked Locked 2006 Locked
Data management and analytics solutions are offered for life sciences.
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Complete acquisition details for Medidata

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Medidata

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Detailed financials for Medidata

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Medidata Comparisons

Medidata Primary company
Description
Medidata is recognized as a leading provider of SaaS solutio...
Location
New York, United States
Founded Year
1999
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Medidata

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Competitors of Medidata

Medidata 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 Verily, TriNetX, Signant Health, WIRB-Copernicus Group and Deep 6 AI, among others.

Company Name Domain Founded year HQ Location Description
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AI-based solutions for health management are provided.
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Clinical trial management software is provided for researchers and professionals.
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Signant Health is engaged in providing clinical trial technology solutions.
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Regulatory and ethical review services for clinical research are provided.
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AI enabled solutions for clinical trials
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Detailed competitors of Medidata

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  • Full company profiles
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Latest news on Medidata

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Complete news archive for Medidata

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Medidata

Medidata was founded in 1999 and raised its 1st funding round 3 years after it was founded.

Medidata is headquartered in New York, United States. It is registered at New York, New York, United States.

Anthony Costello is the current CEO of Medidata.

Medidata is a funded company, having raised a total of $41.5M across 6 funding rounds to date.

Medidata is established as a key player in clinical research technology, offering a unified platform to streamline trial processes. Solutions are provided across data management, patient engagement, and trial operations. The company serves various sectors including biopharma, medtech, and academic organizations. Advanced AI and analytics are integrated to enhance trial efficiency and outcomes. Support is extended for complex therapeutic areas like oncology and vaccines. Decentralized trial solutions are also offered to improve accessibility for patients and sponsors.

Medidata's top competitors include Verily, Deep 6 AI and TriNetX.

Medidata offers Medidata Platform, Patient Cloud, Rave EDC, and Medidata AI.

Medidata has made 4 acquisitions, including Clinical Force, Intelemage, and Mytrus.

Medidata has 7 investors. Key investors include State Street, TFSCRO, Dassault Systems, Insight Partners, and The Lambda Funds.

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