Medable - About the company
Medable is a series D company based in Palo Alto (United States), founded in 2012 by Michelle Longmire 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 15 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Biorce, HumanFirst and Biovotion.
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/
- 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
Post Money Valuation
$2.1B as on Dec 31, 2021
Investors
Ranked
1st among 15 active competitors
Employee Count
346 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with Medable
Medable is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MEDABLE, INC. CIN: 460870262 , United States, Active | Aug 22, 2012 | - | 166 (As on Dec 31, 2024) | - |
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Medable's funding and investors
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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 07, 2021 | $304M | Series D | $2.1B | - | ||
Apr 05, 2021 | $78M | Series C | $455M | - | ||
Oct 29, 2020 | $91M | Series C | - | - |
View details of Medable's funding rounds and investors
Medable's founders and board of directors
Founder? Claim ProfileThe founders of Medable are Michelle Longmire 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.
- 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 |
|---|---|---|---|---|
Independent board member | - | Current | 10y 8m | |
Independent board member | - | Current | 5y 9m | |
Independent board member | - | Current | 10y 8m | |
Independent board member | - | Current | 6y 4m | |
Independent board member | - | Current | 9y 8m | |
Independent board member | - | Current | 6y 4m | |
Independent board member | - | Current | 9y 8m | |
Independent board member | - | Current | 6y 4m | |
Independent board member | - | Current | 6y 4m | |
Independent board member | - | Current | 6y 4m |
View details of Medable's Founder profiles and Board Members
Medable's employee count trend
Medable has 346 employees as of Aug 26. Here is Medable's employee count trend over the years:
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Medable's Competitors and alternates
Top competitors of Medable include Biorce, HumanFirst and Biovotion. Here is the list of Top 10 competitors of Medable, ranked by Tracxn score:
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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 | 70/100 | |
2nd | Provider of a clinical assistant platform for drug development | $61.5M | 57/100 | ||
3rd | HumanFirst 2017, San Francisco (United States), Acquired | Remote monitoring platform for healthcare professionals | $15M | 42/100 | |
4th | Biovotion 2011, Zurich (Switzerland), Acquired | Provider of wearable device to monitor patient's health vitals | $13.4M | 37/100 | |
5th | Integrated application to execute decentralized clinical trials | - | - | 35/100 | |
6th | SnapIoT 2016, San Diego (United States), Funding Raised | Middleware platform for application development & clinical trials monitoring | - | 33/100 | |
7th | Bloqcube 2017, Piscataway (United States), Unfunded | Blockchain-based platform for clinical trials management | - | - | 28/100 |
8th | Clinion 2010, Austin (United States), Unfunded | Cloud-based eClinical platform for clinical trial setup and management | - | - | 28/100 |
9th | ClinTex 2018, Nottingham (United Kingdom), Unfunded | Blockchain-based clinical trial management platform | - | - | 27/100 |
10th | Provider of a platform for personalized healthcare products and life science solutions | - | - | 24/100 |
Looking for more details on Medable's competitors? Click here to see the top ones
Medable's Investments and acquisitions
Medable has acquired Omhu. Medable has not made any investments as of now.Reports related to Medable
Here is the latest report on Medable's sector:
News related to Medable
Media has covered Medable for a total of 4 events in the last 1 year, 3 of them have been about company updates.
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MRCT Center and Medable Launch New Resources for Investigator Oversight in Decentralized Clinical TrialsBusiness Wire•Sep 22, 2026•Medable, Mrctcenter
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Medable and ICON Exceed Patient eConsent Adoption Goals for Women’s Health Study on MenopauseBusiness Wire•Sep 01, 2026•Medable, Icon
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Medable Launches Agentic Accelerator Program for Life Sciences Companies to Deploy Agentic AIBusiness Wire•Jun 03, 2026•Medable
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Medable Introduces AI Agent to Reduce Burden at Research Sites By Assisting Principal Investigators with Oversight of eCOA DataBusiness Wire•Jan 28, 2026•Medable
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Model N Appoints Amar Jani as Chief Financial OfficerBusinessnewsthisweek•Jul 10, 2025•Model N, Medable
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Medable Launches Program to Enhance eCOA Build Capabilities in Clinical Trialsclinicaltrialsarena.com•Jun 11, 2025•Medable
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Medable Achieves Landmark CNIL Approval, Expanding Access for Digital Clinical Trials Across the European UnionBusiness Wire•Mar 04, 2025•Medable
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New data shows improved clinical trial access for underrepresented groups thanks to DCTs.Business Wire•Jan 30, 2025•Medable
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Medable Reports 80% Revenue Growth from Portfolio-Level eCOA Adoption, Sharp Increase Compared to Study-by-Study AdoptionBusiness Wire•Jan 28, 2025•Medable
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