2024 Revenue
$43M(Est.)
Customers
975K
Funding
$32M
Avg ACV
$44
Team
189
Founded
2005
Medrio Revenue & Funding (2024)
Medrio generated an estimated $43M in annual revenue in 2024. Source: GetLatka estimate
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
Medrio Revenue
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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Medrio Hit $43m revenue in November 2024 | Estimated |
| 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 | Not recorded |
| 2005 | Launched with $0 revenue |
Medrio Valuation, Funding Rounds
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 | - | - | Not recorded |
| 2011 | Funding round | $2M | - | - | Not recorded |
Founder / CEO
Customers
Medrio serves 975K customers.
Medrio Employees & Team Size
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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 189 employees (December 2024) | Not recorded |
| 2024 | Reached 204 employees (October 2024) | Not recorded |
| 2023 | Reached 204 employees (October 2023) | Not recorded |
| 2022 | Reached 210 employees (October 2022) | Not recorded |
| 2021 | Reached 191 employees (December 2021) | Not recorded |
| 2021 | Reached 163 employees (April 2021) | Not recorded |
Frequently Asked Questions about Medrio
What is Medrio's revenue?
As of 2024, Medrio generated an estimated $43M in annual revenue.
Who founded Medrio?
Medrio was founded by Nicole Latimer.
When was Medrio founded?
Medrio was founded in 2005.
Who is the CEO of Medrio?
The CEO of Medrio is Nicole Latimer.
How much funding does Medrio have?
Medrio raised $32M across 2 rounds.
How many employees does Medrio have?
As of 2024, Medrio had 189 employees.
Where is Medrio headquartered?
Medrio is headquartered in San Francisco, California, United States.
Compare Medrio to the industry
Medrio operates across multiple industries. Browse revenue, funding, and growth data for Medrio in each sector below.
Data and Sources
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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