When was Medable founded?

Medable was founded in 2012 and became a unicorn in 2021, reaching the milestone in 9 years. It raised its 1st funding round 3 years after its incorporation.

Where is Medable located?

Medable is headquartered in Palo Alto, United States. It is registered at Palo Alto, California.

How many employees does Medable have?

As of Mar 31, 2026, the latest employee count at Medable is 342.

Is Medable a funded company?

Medable is a funded company, having raised a total of $521M across 7 funding rounds to date. The company's 1st funding round was a $3.64M Series A round, raised on Dec 04, 2015.

How much is Medable worth?

The latest valuation of Medable is $2.1B as of Oct 26, 2021.

When was the latest funding round of Medable?

Medable's latest funding was a $304M Series D round on Oct 07, 2021, with participation from 5 investors.

Is Medable a Life Sciences Tech company?

The primary sector of Medable is Life Sciences Tech.

Where does Medable rank among its competitors?

Medable ranks 1st amongst 13 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Biorce, which secured $52M in Feb, 2026.

Who are the top competitors of Medable?

Medable's top competitors include Biorce, Biovotion and SnapIoT. Among them, Biorce secured the most recent funding round in February, 2026.

Medable - 2026 Company Profile, Team, Funding & Competitors

Medable is a series D company based in Palo Alto (United States), founded in 2012 by Michelle Longmire, Tim Smith and James Sas. It operates as a Provider of a cloud based clinical trail management tool for researchers. Medable has raised $521M in funding from investors like Sapphire Ventures, Blackstone and Tiger Global Management, with a current valuation of $2.1B. The company has 13 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Biorce, Biovotion and SnapIoT.

Sectors and market segments that Medable operate in

Medable serves in the HealthTech, Life Sciences market segments.The primary business model of Medable are:

Company Details

Provider of a cloud based clinical trail management tool for researchers. The company has developed a web-based platform that assists with the clinical trial and drug development processes. It has features for patient screening, telecons-ent management, telecommunication, remote patient monitoring, and more.

Website: www.medable.com/
Social
Registered Address: Palo Alto, California

Key Metrics

Founded Year

2012

Location

Palo Alto, United States

Stage

Series D

Total Funding

$521M in 7 rounds

Latest Funding Round

Series D, Oct 07, 2021, $304M

Post Money Valuation

$2.1B as on Oct 26, 2021

Investors

Sapphire Ventures & 18 more

Ranked

1^st among 13 active competitors

Employee Count

342 as on Mar 31, 2026

Investment & Acquisitions

Omhu

Similar Companies

Biorce & 13 more

View Medable's full profile

Medable is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MEDABLE, INC. CIN: 460870262 , United States, Active	Aug 22, 2012	-	166 (As on Dec 31, 2024)	-

Medable has raised a total funding of $521M over 7 rounds. Its first funding round was on Dec 04, 2015. Its latest funding round was a Series D round on Oct 07, 2021 for $304M. 5 investors participated in its latest round. Medable has 19 institutional investors.

Here is the list of recent funding rounds of Medable:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 07, 2021	$304M	Series D	$2.1B	-	Blackstone, Tiger Global Management	Sapphire Ventures, WTI, GSR Ventures
Apr 05, 2021	$78M	Series C	-	-	Sapphire Ventures	Streamlined Ventures, Obvious Ventures, PPD, GSR Ventures
Oct 29, 2020	$91M	Series C	-	-	Sapphire Ventures	PPD, Streamlined Ventures, GSR Ventures

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View details of Medable's funding rounds and investors

The founders of Medable are Michelle Longmire, Tim Smith and James Sas. Michelle Longmire is the CEO of Medable.

Here are the details of Medable's key team members:

Michelle Longmire: Co-Founder & CEO of Medable and founder of 1 other company. They serve on the board of 1 company.
Tim Smith: Co-Founder, CTO of Medable.
James Sas: Co-Founder of Medable.
Contact Info: 1 email address

Medable's Board of Directors

Medable's board has 10 active members. Michelle Longmire, David Hartwig, Timothy Smith, Richard Lim, Robert Duggan, Perry Robinson, Mahkam Zanganeh, Young A. Sohn, Timothy R. Smith and Anna Long are independent board members.

Here is the list of Medable's board of directors:

Name	Type	Representing	Status	Duration
Michelle Longmire	Independent board member	-	Current	10y 3m
David Hartwig	Independent board member	-	Current	5y 4m
Timothy Smith	Independent board member	-	Current	10y 3m
Richard Lim	Independent board member	-	Current	5y 10m
Robert Duggan	Independent board member	-	Current	9y 3m
Perry Robinson	Independent board member	-	Current	5y 10m
Mahkam Zanganeh	Independent board member	-	Current	9y 3m
Young A. Sohn	Independent board member	-	Current	5y 10m
Timothy R. Smith	Independent board member	-	Current	5y 10m
Anna Long	Independent board member	-	Current	5y 10m

View details of Medable's Founder profiles and Board Members

Medable's employee count trend

Medable has 342 employees as of Mar 26. Here is Medable's employee count trend over the years:

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Top competitors of Medable include Biorce, Biovotion and SnapIoT. Here is the list of Top 10 competitors of Medable, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Medable 2012, Palo Alto (United States), Series D	Provider of a cloud based clinical trail management tool for researchers	$521M	Sapphire Ventures, North Sky Capital & 17 others	70/100
2nd	Biorce 2024, Barcelona (Spain), Series A	Provider of a clinical assistant platform for drug development	$61.5M	DST Global, MSM & 10 others	57/100
3rd	Biovotion 2011, Zurich (Switzerland), Acquired	Provider of wearable device to monitor patient's health vitals	$13.4M	Swiss Re, Harmony Medical & 3 others	40/100
4th	SnapIoT 2016, San Diego (United States), Funding Raised	Middleware platform for application development & clinical trials monitoring	-	Innovative Capital Ventures	37/100
5th	ClinTex 2018, Nottingham (United Kingdom), Unfunded	Blockchain-based clinical trial management platform	-	-	29/100
6th	Clinion 2010, Austin (United States), Unfunded	Cloud-based eClinical platform for clinical trial setup and management	-	-	28/100
7th	Bloqcube 2017, Piscataway (United States), Unfunded	Blockchain-based platform for clinical trials management	-	-	28/100
8th	Cliniv 2020, Hyderabad (India), Unfunded	Integrated application to execute decentralized clinical trials	-	-	28/100
9th	LIFE AI 2024, Singapore (Singapore), Unfunded	Provider of a platform for personalized healthcare products and life science solutions	-	-	24/100
10th	Essais cliniques virtuels 2022, Montreal (Canada), Unfunded	Digital tools to conduct virtual or decentralized clinical trials	-	-	24/100