About Medidata
Medidata is a Healthcare company based in New York (United States) founded in 1999 by Tarek Sherif, and was acquired by Dassault Systems in June 2019. Medidata is recognized as a leading provider of SaaS solutions for clinical research. It operates on a SaaS (Software-as-a-Service), Professional Services, and HealthTech model. 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. Its chief executive, as recorded, is Anthony Costello. Its website medidata.com draws about 87 thousand monthly visits. Medidata offers products and services including Medidata Platform, Patient Cloud, Rave EDC, and Medidata AI. Its focus areas include Life Sciences and Clinical Research Technology. Its legal entity is Medidata Solutions. Its competitors include Verily, TriNetX and Signant Health; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters New York, United States
- Founders Tarek Sherif
- Stage Acquired
- SectorsHealthcare
- Website category Health · Biotechnology and Pharmaceuticals
- Email••••••••
- Phone•••• ••••
- Website medidata.com/en
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Dassault Systems (Jun 2019)
- Legal Name Medidata Solutions
- Total Equity Funding$41.5M (USD)
in 6 rounds
- InvestorsState Street
& 6 more
- Investments & AcquisitionsClinical Force
& 3 more
- Acquired byDassault Systems
(Jun 2019)
Products & Services of Medidata
Medidata offers a comprehensive portfolio of products and services, including Medidata Platform, Patient Cloud, Rave EDC, and Medidata AI.
Unified platform dedicated to clinical research transformation.
Patient-facing tools simplifying clinical trials for participants.
Advanced system for capturing and managing trial data.
Tools for reimagining trials with data insights.
Apps and channels of Medidata
its YouTube channel Medidata Solutions has 548 subscribers and 14 videos.
Videos from Medidata
The most watched videos on Medidata's YouTube channel, Medidata Solutions (548 subscribers). Click a video to play it here.
More on Medidata Solutions.
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.
- Total Funding $41.5M
- Total Rounds 6
- First Round $1M
(Mar 2002)
- Investors Count 6
All 6 funding rounds of Medidata with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | Unspecified | – | TFS | – | |
| Jul 2016 | $44.68M | Post-IPO | – | – | |
| Jun 2005 | $20M | Series B | – | Insight Partners | – |
| Jun 2004 | $20M | Series B | – | – | |
| Mar 2003 | $500,000 | Series A | – | – | – |
| Mar 2002 | $1M | Series A | – | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com | |||
Venture capital is invested in niche market companies. | lambdafund.com | New York, United States | ||
US focused early & growth stage VC firm | savp.com | New York, United States | ||
Early-stage venture capital is provided by Activate Venture Partners. | activatevp.com | New York, United States | ||
Financial services are provided to asset managers worldwide. | 1792 | statestreet.com | Boston, United States | |
SaaS-driven BIM and 3D modeling solutions are offered for construction. | 1981 | 3ds.com | Velizy Villacoublay, France | |
Clinical research services are provided globally by TFS CRO. | 1996 | tfscro.com | Lund, Sweden |
Investor details for Medidata
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People of Medidata
476 people are tracked at Medidata (191 in leadership, 5 in board & advisors, 280 in team).
| Name | Role | Group |
|---|---|---|
Tarek Sherif | Co-Founder | Leadership |
Anthony Costello | CEO | Leadership |
Lauryl Besase | Solution Consulting Product Enablement Director | Leadership |
XI YOU | Sr. Director, Global Marketing Operations | Leadership |
Edwin Ng | Senior Vice President, General Manager, Asia Pacific | Leadership |
Wendy Buzzeo | Senior Director, Global Growth Marketing & ABM | Leadership |
Vicki Weg | Sr. Director, Global Partner Accounts | Leadership |
Dr. Heidi Sernoff | Director Of Product Marketing | Leadership |
Wenjing Yan | Partner Account Manager | Leadership |
Joe Schmidt | Chief Operating Officer | Leadership |
Sal Caputo | Director, Information Technology & Cloud Operations | Leadership |
Allison Maue | Head Of Employment - 3ds Americas; Vp, Associate General Counsel, Global Employment – Medidata | Leadership |
Tom Berardi | Director, Enterprise Agreements | Leadership |
Tom Doyle | SVP, CTO | Leadership |
Laine Lovell | Director, MM Sales | Leadership |
Jane Koltsova | Sr. Director, Finance Operations And Order To Cash Transformation | Leadership |
Trudie Strauss | Director, Partner Business Management EMEA | Leadership |
Matthew Szenher | Vice President Of Architecture | Leadership |
Sadeta Zulic Stassinevitch | Vice President, Tax And Treasury | Leadership |
Kitty du | Head Of Sales, Key Account Group, Greater China | Leadership |
456 more people are available in the full profile.
Complete people profiles for Medidata
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Data management and analytics solutions are offered for life sciences. | shyftanalytics.com | Waltham, United States | 2005 | Jun 2018 | $195M | |
Mobile and Web solutions helping patients to participate in clinical trials from their homes | mytrus.com | San Francisco, United States | 2009 | Apr 2017 | •••• | |
Helps in the exchange of critical medical image | intelemage.com | Cincinnati, United States | 2006 | Apr 2016 | •••• | |
Clinical trial data is managed and tracked via SaaS software. | clinicalforce.com | London, United Kingdom | 2004 | Jun 2011 | •••• |
Complete acquisition details for Medidata
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Timeline of Medidata
9 dated milestones of Medidata across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Medidata is founded.
- Funding First funding round of $1.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Clinical Force.
- Acquisition Acquires Intelemage.
- Acquisition Acquires Mytrus.
- Acquisition Acquires SHYFT Analytics.
- Exit Acquired by Dassault Systems.
- Funding Latest funding round, Unspecified,.
Competitors of Medidata
Medidata has 3 listed competitors in our database, 2 of them funded. They include Verily, TriNetX and Signant Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| verily.com | 2015 | Dallas, United States | $2.5B | AI-based solutions for health management are provided. | ||
| trinetx.com | 2013 | Cambridge, United States | $53M | 95 | Clinical trial management software is provided for researchers and professionals. | |
| signanthealth.com | 2000 | Plymouth Meeting, United States | Signant Health is engaged in providing clinical trial technology solutions. |
Detailed competitors of Medidata
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Web traffic of Medidata
The website of Medidata (medidata.com) receives about 87K visits a month and ranks #373,122 among all websites worldwide, #315 in Biotechnology and Pharmaceuticals.
- Monthly visits87K
▼ 3.7% vs previous month
- Unique visitors33.6K
per month
- Global rank#373,122
among all websites
- Category rank#315
Health · Biotechnology and Pharmaceuticals
- Bounce rate43%
- Pages per visit2.9
- Average visit1 min 33 sec
- DevicesDesktop 51% · Mobile 49%
Websites whose visitors overlap most with Medidata. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cluepoints.com | 100% | 20.8K | #1,567,334 | View details | |
| cyntegrity.com | 98% | 6.1K | #1,756,083 | View details | |
| citeline.com | 94% | 127.1K | #291,889 | View details | |
| x-chemrx.com | 94% | 3.7K | #5,330,424 | View details | |
| eclinicalsol.com | 93% | 11.5K | #1,005,760 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Medidata
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- 40 similar websites
- Audience overlap
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Top companies in Life Sciences Platforms & Tools
3 companies that operate in the same segment as Medidata (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based solutions for health management are provided. | 2015 | Dallas, Texas, United States | USD 2.8 B | 1,111 | ||
Real-world health data is provided for research and decisions. | 2012 | Menlo Park, California, United States | USD 259.16 M | |||
Electron microscopy services and microanalysis instruments are provided. | 1956 | Waltham, Massachusetts, United States | USD 44.56 B | 125,000 |
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Related news about Medidata
Complete news archive for Medidata
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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 CEO of Medidata, as recorded in our data.
Medidata is a funded company, having raised a total of $41.5M across 6 funding rounds to date. The company's 1st funding round was a Series A of $1M, raised on Mar 2002.
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, TriNetX and Signant Health.
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.
Medidata operates through Medidata Solutions.
Yes. Medidata was acquired by Dassault Systems in June 2019.