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Developer of eClinical software products designed for clinical studies in all phases and therapeutic areas. The company's software platform and a mobile suite of products provide a web-based electronic data for clinical research applications and also support various processes for clinical research, study design, data collection, management reports, statistical analyses and presentation, enabling study sponsors and contract research organizations (CROs) ton rapidly set-up and conduct clinical trials.
Last updated
In 2024, Medrio's revenue reached $43M. The company previously reported $24.9M in 2024. Since its launch in 2005, Medrio has shown consistent revenue growth.
Medrio has not publicly disclosed its valuation. The company has raised $32M in total funding to date.
Medrio has raised $32M in total funding across 2 rounds, with its most recent round in 2017.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2017 | Funding round | $30M | - | - | |
| 2011 | Funding round | $2M | - | - |
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Medrio serves 975K customers.
Medrio employs approximately 189 people as of 2026, down from 204 in 2023, including 24 sales reps that carry a quota. It serves 975K customers that rely on its solutions.
Medrio generates $43M in revenue.
Medrio was founded by Nicole Latimer.
The CEO of Medrio is Nicole Latimer.
Medrio raised $32M across 2 rounds.
Medrio has 189 employees.
Medrio is headquartered in San Francisco, California, United States.
Medrio operates across multiple industries. Browse revenue, funding, and growth data for Medrio in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$43M
Customers
975K
Funding
$32M
Avg ACV
$44
Team
189
Founded
2005
| Year | Milestone | Source |
|---|---|---|
| 2024 | Medrio Hit $43m revenue in November 2024 | |
| 2024 | Medrio Hit $24.9m revenue in October 2024 | Estimated |
| 2023 | Medrio Hit $12.2m revenue in October 2023 | Estimated |
| 2021 | Medrio Hit $9.5m revenue in April 2021 | |
| 2005 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 189 employees (December 2024) | |
| 2024 | Reached 204 employees (October 2024) | |
| 2023 | Reached 204 employees (October 2023) | |
| 2022 | Reached 210 employees (October 2022) | |
| 2021 | Reached 191 employees (December 2021) | |
| 2021 | Reached 163 employees (April 2021) |
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