About Medpace
Medpace is a company based in Cincinnati (United States) founded in 1992 was acquired by Cinven in February 2014.. The company has 5,900 employees as of December 31, 2024. Medpace has completed 2 acquisitions, including MediTech and Symbios Clinical. Medpace offers products and services including CRO Services, Central Labs, and Bioanalytical Labs. Medpace operates in a competitive market with competitors including Lambda Therapeutic, Dhiti Life Sciences, Ascada Research, JCCT and Diacrin, among others.
- Headquarter Cincinnati, United States
- Employees 5900 as on 31 Dec, 2024
- Stage Public
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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 Medpace Holdings, Inc.
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IPO & Listings of Medpace
Medpace is a publicly listed company on the NASDAQ with ticker symbol MEDP in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Medpace
Medpace offers a comprehensive portfolio of products and services, including CRO Services, Central Labs, and Bioanalytical Labs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages end-to-end clinical trials for biotechs and sponsors.
Provides biomarker and safety testing for clinical research.
Conducts assays for drug development and preclinical studies.
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Software Development Team
140 people
Leadership Team
127 people
Clinical Team
107 people
Senior Team
54 people
Data Analysis and Operations Team
38 people
Operations Team
28 people
Sales and Marketing
25 people
Regulatory Team
19 people
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Funding Insights of Medpace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Medpace
Medpace has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Cinven. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments and portfolio management services are provided by Cinven across various sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Medpace
Medpace has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include MediTech and Symbios Clinical. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Clinical and regulatory consulting services are provided by MediTech.
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2017 | ||||
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Full-service clinical research for medical devices is offered.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Medpace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medpace Comparisons
Competitors of Medpace
Medpace 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 Lambda Therapeutic, Dhiti Life Sciences, Ascada Research, JCCT and Diacrin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
CRO with operations in India, US, Poland, Canada and UK. Winner of Frost & Sullivan 'CRO of the Year' - 2010
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Biotechnology company offering in vitro diagnostic products for healthcare sector
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| domain | founded_year | HQ Location |
Performs clinical research trials to evaluate investigational drugs and devices.
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CRO focused on early & end stage clinical trial services
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| domain | founded_year | HQ Location |
Educational programs are provided by Diacrin since 1989.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Medpace
Frequently Asked Questions about Medpace
When was Medpace founded?
Medpace was founded in 1992.
Where is Medpace located?
Medpace is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Who is the current CEO of Medpace?
August Troendle is the current CEO of Medpace.
How many employees does Medpace have?
As of Dec 31, 2024, the latest employee count at Medpace is 5,900.
What is the annual revenue of Medpace?
Annual revenue of Medpace is $2.11B as on Dec 31, 2024.
What does Medpace do?
Medpace was founded in 1992 and is headquartered in Cincinnati, United States. Services as a clinical research organization are provided, encompassing various aspects of drug development and trial management. Operations are based in the healthcare sector, with focus on full-service support for pharmaceutical clients. Leadership is provided by August Troendle as CEO and President, and the domain medpace.com is utilized for online presence.
Who are the top competitors of Medpace?
Medpace's top competitors include Lambda Therapeutic, Dhiti Life Sciences and JCCT.
What products or services does Medpace offer?
Medpace offers CRO Services, Central Labs, and Bioanalytical Labs.
Is Medpace publicly traded?
Yes, Medpace is publicly traded on NASDAQ under the ticker symbol MEDP.
How many acquisitions has Medpace made?
Medpace has made 2 acquisitions, including MediTech, and Symbios Clinical.
Who are Medpace's investors?
Medpace has 1 investor. Key investors include Cinven.
What is Medpace's ticker symbol?
The ticker symbol of Medpace is MEDP on NASDAQ.
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