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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.
Social
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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
Ranked
Employee Count
346 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
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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:lockFilter 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
-
Apr 05, 2021
$78M
Series C
$455M
-
Oct 29, 2020
$91M
Series C
-
-
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Medable's founders and board of directors

Founder? Claim Profile
The 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:

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

Medable's employee count trend

Medable has 346 employees as of Aug 26. Here is Medable's employee count trend over the years:
Employee count trend for Medable
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Medable
Medable
2012, Palo Alto (United States), Series D
Provider of a cloud based clinical trail management tool for researchers
$521M
70/100
2nd
Logo for Biorce
Biorce
2024, Barcelona (Spain), Series A
Provider of a clinical assistant platform for drug development
$61.5M
57/100
3rd
Logo for HumanFirst
HumanFirst
2017, San Francisco (United States), Acquired
Remote monitoring platform for healthcare professionals
$15M
42/100
4th
Logo for Biovotion
Biovotion
2011, Zurich (Switzerland), Acquired
Provider of wearable device to monitor patient's health vitals
$13.4M
37/100
5th
Logo for Cliniv
Cliniv
2020, Hyderabad (India), Unfunded
Integrated application to execute decentralized clinical trials
-
-
35/100
6th
Logo for SnapIoT
SnapIoT
2016, San Diego (United States), Funding Raised
Middleware platform for application development & clinical trials monitoring
-
33/100
7th
Logo for Bloqcube
Bloqcube
2017, Piscataway (United States), Unfunded
Blockchain-based platform for clinical trials management
-
-
28/100
8th
Logo for Clinion
Clinion
2010, Austin (United States), Unfunded
Cloud-based eClinical platform for clinical trial setup and management
-
-
28/100
9th
Logo for ClinTex
ClinTex
2018, Nottingham (United Kingdom), Unfunded
Blockchain-based clinical trial management platform
-
-
27/100
10th
Logo for LIFE AI
LIFE AI
2024, Singapore (Singapore), Unfunded
Provider of a platform for personalized healthcare products and life science solutions
-
-
24/100
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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

lockFilter this list
Media has covered Medable for a total of 4 events in the last 1 year, 3 of them have been about company updates.
•
Model N Appoints Amar Jani as Chief Financial OfficerBusinessnewsthisweek•Jul 10, 2025•Model N, Medable
•
Medable Launches Digital Model for CGT Trialsclinicaltrialsarena.com•May 29, 2025•Medable
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