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Medable logo — Leading the technology revolution in clinical development.

Medable

Leading the technology revolution in clinical development.

Founded 2016 United States Palo Alto, United States 359 employees Series D Total: $506.20M Health Care, Medical Devices +2

General Information

Company Name Medable
Founded Year 2016
Location United States Palo Alto, United States
Founders / Decision Makers
Team member
Employees 359
Industries Health Care, Medical Devices, Messaging +1
Funding Stage Series D
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee
Social

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AI Insight

Bounce Watch AI
2 months ago

Medable is demonstrating a clear growth trajectory and strategic dynamism, evidenced by actively recruiting for 24 new positions. Concurrently, a substantial 57.48% website update in July 2026 signals potential product enhancements, expanded service offerings, or a refined market strategy. These parallel developments indicate the company is preparing for its next phase of scaling and market penetration in the clinical trials technology space.

Signal Types
Hiring Product Update
Strategic Labels
Team Growth Product Development Market Strategy
Next Move: Expansion
·
Impact: 7/10
·
Ideal For: Growth Equity — Digital Health / Clinical Trials Tech

About Medable

Medable, founded in 2016, is based in the United States and operates in the Health Care, Medical Devices, Messaging, and Pharmaceutical industries. The company's slogan, "Leading the technology revolution in clinical development," encapsulates its commitment to transforming clinical trials through technology.

Medable offers a robust end-to-end cloud platform designed to streamline and enhance collaboration among sponsors, patients, providers, and CROs in clinical research. This allows for more efficient research processes, improved healthcare delivery, and enhanced precision medicine, aligning with its mission to expedite the delivery of effective therapies to patients.

The company received a significant $304.00M Series D investment on October 1, 2021, from prominent investors including Blackstone Group, GSR Ventures, Sapphire Ventures, Western Technology Investment, Tiger Global, and Blackstone Accelerates Growth. This funding underscores investor confidence in Medable's vision of accelerating pathologies and innovations in clinical development.

Taxonomy: Decentralized Clinical Trials, Global Cloud Platform, Clinical Research, Precision Medicine, Predictive Medicine, Healthcare Delivery, Telemedicine, eConsent, API Integration, PaaS, Connected Devices, Virtual Trials, Patient Recruitment

Services & Products

AI-powered clinical development
Study building and deployment
Participant adherence optimization
Data integration and management
Site monitoring and oversight

Target Customers

Mid to Large Pharma companies Emerging BioPharma Contract Research Organizations (CROs) Clinical Research Associates Principal Investigators

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series D $304.00M 6
Blackstone Group GSR Ventures Sapphire Ventures
Blackstone Group, GSR Ventures +4
01 Oct 2021
Series C $78.00M 5
Streamlined Ventures Obvious Ventures GSR Ventures
Streamlined Ventures, Obvious Ventures +3
01 Apr 2021
Series C $91.00M 4
Streamlined Ventures GSR Ventures Sapphire Ventures
Streamlined Ventures, GSR Ventures +2
01 Nov 2020
Late VC $25.00M 2
GSR Ventures
GSR Ventures, PPD
01 May 2020
Round Undisclosed 1
MedTech Innovator
MedTech Innovator
01 Jun 2018
Early VC $5.00M -
01 Feb 2017
Series A $3.20M -
01 Dec 2015

Medable Alternatives & Competitors

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Medable vs
Castor
Castor United States

Real-world ready. Remote-first. AI-powered - Our technology is designed to ease the load and deliver...

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Medable vs
Datacubed Health
Datacubed Health United States

DCT Major Contender in Everest Group's Decentralized Clinical Trial Platforms PEAK Matrix® Assessmen...

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Medable vs
Delve Health
Delve Health United States

elve Health helps clinical trials improve compliance, retention, and data quality through integrated...

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FAQ About Medable

Leading the technology revolution in clinical development.
Medable was founded in 2016.
Medable is headquartered in Palo Alto, United States.
Medable operates in Health Care, Medical Devices, Messaging and Pharmaceutical. Its work centres on Decentralized Clinical Trials, Global Cloud Platform, Clinical Research and Precision Medicine. Its customers include Mid to Large Pharma companies, Emerging BioPharma and Contract Research Organizations (CROs).
Medable has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
Medable has approximately 359 employees.
Medable has completed 7 funding rounds, raising a total of $506.20M. The latest funding stage is Series D.
Medable offers: AI-powered clinical development, Study building and deployment, Participant adherence optimization, Data integration and management, Site monitoring and oversight.
Top alternatives and competitors to Medable include Castor, Datacubed Health, Delve Health, YPrime, Curavit. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Medable and Castor are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Medable, https://bouncewatch.com/company/medable-inc, updated 16 July 2026. When citing, please name BounceWatch and link this page.

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