Medable revenue hit $9.1M in 2023

Medable generates revenue from 1000000 customers

Medable

Medable

Palo Alto, California, United States

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How Medable hit $9.1M revenue and 1M customers in 2021.

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.

Founded

2012

Founded

Revenue

$9.1M

2021 Revenue

YOY
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YOY

Funding

$506.6M

Funding


Medable Revenue

In 2021, Medable revenue run rate hit $9.1M in revenue.

  • 2021

    Medable hit $9.1M in revenue in 2021

  • 2012

    Medable launched in 2012 with $0 revenue


Medable Funding History

  • 2021 Series D

    Medable raised a Series D of $304M at a $2.1B valuation in October, 2021

  • 2021 Series C

    Medable raised a Series C of $78M in April, 2021

  • 2020 Series C

    Medable raised a Series C of $91M in November, 2020

  • 2020 Venture Round

    Medable raised a Venture Round of $25M in May, 2020

  • 2018 Seed Round

    Medable raised a Seed Round of $0 in June, 2018

  • 2017 Venture Round

    Medable raised a Venture Round of $5M in February, 2017

  • 2015 Venture Round

    Medable raised a Venture Round of $3.6M in December, 2015

FUNDING DATE ROUND AMOUNT VALUATION
October, 26 2021 Series D $304M $2.1B
April, 15 2021 Series C $78M -
November, 19 2020 Series C $91M -
May, 04 2020 Venture Round $25M -
June, 12 2018 Seed Round $0 -
February, 01 2017 Venture Round $5M -
December, 17 2015 Venture Round $3.6M -

Team

Medable has 277 total employees and 7 sales reps that carry a quota. They have 1,000,000 customers an engineering team of 50 and a marketing team of 3.

DISTRIBUTION QTY
Total team size
277
Engineer
50(18%)
Sales
7(3%)
Marketing
3(1%)

Founder / CEO

Q&A

What's your age?

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Advice for 20 year old self

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Customers

Medable has 1M customers.

Lifetime Months

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Monthly ARPU

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Lifetime Dollar

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Acquisition Cost

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Average Annual Price

$9


Medable Executives

Name Position Working Email Personal Email
Michelle Longmire CEO michelle@medable.com -

Medable Employees

Name Position Working Email Personal Email
Michelle Longmire CEO michelle@medable.com -

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Frequently Asked Questions about Medable

When was Medable founded?

Medable was founded in 2012.

How much revenue does Medable generate?

Medable generates $9.1M in revenue.

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 277 employees.

Where is Medable headquarters?

Medable is headquartered at Palo Alto, California, United States