Medable
Valuation
$2.1B
2024 Revenue
$11.6M
Customers
1M
Funding
$506.6M
YOY
26.5%
Avg ACV
$12
Team
328
Founded
2012
How Medable CEO Michelle Longmire grew Medable to $11.6M revenue and 1M customers in 2024.
Developer of an online platform designed to accelerate the path to human discovery and medical cures. The company offers an end-to-end, cloud-based platform with a flexible suite of tools for clinical trials and provides automated alerts and notifications in a secure and safe way, removing silos and enabling patients, sites, CROs and Sponsors to function as a trial team.
Last updated
Medable Revenue
In 2024, Medable's revenue reached $11.6M. The company previously reported $9.2M in 2023. Since its launch in 2012, Medable has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Medable Hit $11.6m revenue in October 2024 |
| 2023 | Medable Hit $9.2m revenue in October 2023 |
| 2021 | Medable Hit $9.1m revenue in April 2021 |
| 2012 | Launched with $0 revenue |
Medable Valuation, Funding Rounds
Medable reached a $2.1B valuation in 2021, set during its Series D round.
Medable has raised $506.6M in total funding across 6 rounds, most recently a $304M Series D round in 2021.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | Series D | $304M | $2.1B | 14% |
| 2021 | Series C | $78M | - | - |
| 2020 | Series C | $91M | - | - |
| 2020 | Venture Round | $25M | - | - |
| 2017 | Venture Round | $5M | - | - |
| 2015 | Venture Round | $3.6M | - | - |
Medable Employees & Team Size
Medable employs approximately 328 people as of 2026, down from 352 in 2024.
Medable has 328 total employees in different roles and functions and 13 sales reps that carry a quota. They have 1M customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2025 | Reached 328 employees (November 2025) |
| 2025 | Reached 327 employees (November 2025) |
| 2024 | Reached 352 employees (December 2024) |
| 2024 | Reached 364 employees (September 2024) |
| 2023 | Reached 458 employees (October 2023) |
| 2022 | Reached 619 employees (October 2022) |
| 2021 | Reached 545 employees (December 2021) |
| 2021 | Reached 277 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Medable acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Medable
What is Medable's revenue?
Medable generates $11.6M in revenue.
Who founded Medable?
Medable was founded by Michelle Longmire.
Who is the CEO of Medable?
The CEO of Medable is Michelle Longmire.
How much funding does Medable have?
Medable raised $506.6M.
How many employees does Medable have?
Medable has 328 employees.
Where is Medable headquarters?
Medable is headquartered in Palo Alto, California, United States.
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Compare Medable to the industry
Medable operates across multiple industries. Browse revenue, funding, and growth data for Medable in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .