Medable

Medable

SaaS platform for decentralized clinical trials

Overview

Medable provides a cloud-based, unified platform for clinical trials that digitizes and streamlines the entire process from onboarding participants to data collection, study notifications, and real-time reporting, delivered as a SaaS service. It works through a cloud-agnostic system with a single API, enabling easy integration and broad reach across multiple languages and countries, including support for decentralized clinical trials (DCT). It differentiates itself with a user-friendly design, strong scalability, and a large DCT network that supports remote participation and global trial execution. Its goal is to help sponsors run faster, higher-quality trials by digitizing the end-to-end process and enabling remote participation at scale.

About Medable

Simplify's Rating
Why Medable is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Healthcare

Company Size

201-500

Company Stage

Series D

Total Funding

$506.2M

Headquarters

Palo Alto, California

Founded

2016

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Simplify's Take

What believers are saying

  • Tufts and Medable estimated $21 million eNPV and 82x ROI for monitoring agents.
  • FDA's April 28, 2026 real-time trial push aligns with Medable's automation roadmap.
  • Recent ICON and eConsent wins strengthen renewal and cross-sell momentum across sponsors.

What critics are saying

  • Medable's 33.1% headcount decline since 2023 signals prior operating stress.
  • Veeva, Medidata, and Oracle already dominate enterprise clinical workflows and integrations.
  • FTC privacy-shield settlement still shadows trust-sensitive healthcare software sales.

What makes Medable unique

  • Medable's Agent Studio links protocol, eCOA, TMF, and CTMS across systems.
  • Its DDF Agent converts protocols into CDISC USDM 4.0 machine-readable workflows.
  • Eighty-five percent eConsent adoption in ICON's menopause study shows strong operational execution.

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Funding

Total Funding

$506.2M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$304M
Medable

Benefits

Health & wellness

401k

Remote first

Career development

Military support

Time away

Growth & Insights and Company News

Headcount

6 month growth

↑ 2%

1 year growth

↑ 2%

2 year growth

↑ 0%
Yahoo Finance
Sep 1st, 2026
Medable and ICON exceed patient eConsent adoption goals for women's health study on menopause.

Medable and ICON exceed patient eConsent adoption goals for women's health study on menopause. Business Wire Over 85% of patients consented electronically using Medable's Total Consent solution PALO ALTO, Calif., September 01, 2026-(BUSINESS WIRE)-Medable Inc., the leading technology platform for agentic AI clinical development, today announced the impact of its Total Consent solution in a U.S women's health study on menopause managed by ICON plc. Beating expectations, more than 85% of trial participants, or 1,044 out of 1,222, consented using Medable's enhanced eConsent technology. And, 18 sites achieved 100% eConsent adoption among participants, while the top-enrolling site achieved 91% adoption. With Medable, ICON aims to expand its use of advanced clinical trial technologies, reflecting broader momentum across the clinical research ecosystem, including the FDA, toward more real-time and technology-enabled trials. With a protocol requiring regular assessments across 13 points, ICON's menopause study demanded high participant and site engagement from the outset. Medable's Total Consent proved instrumental in engagement with improved participant communication. Study-specific training plus hands-on concierge support to sites helped enable a frictionless experience. The strategy yielded significant success in both participant and site-level adoption of consent, laying the groundwork for increased patient adherence to the complex protocol requirements. "Thanks to a strong partnership with ICON and our deep-domain expertise, we were able to achieve remarkable enrollment goals," said Alison Holland, Medable's Chief Customer Officer. "Remote electronic consent is particularly beneficial to driving female participation due to increased time constraints for women and mothers juggling family care responsibilities. But all trials can benefit from modern trial design. Medable aims to radically reduce trial timelines in line with our 1:1:1 mission - 1 day study start, 1 day enrollment, 1 year trial execution." Medable Total Consent allows participants to consent onsite or remotely, with eSignature or wet ink signature, increasing patient satisfaction by providing optionality. It can be quickly tailored for use across over 115 locales in compliance with local regulatory requirements. Most recently, Medable introduced Intelligent Consent, providing AI-powered bulk processing and AI-assisted digital consent build tools that leverage native PDFs. The product's unified workflow reduces deployment time from 5-14 days to less than three days. The successful ICON study results provide real-world context for an eConsent study by Medable and Duke BASE labs that compared Total Consent against text-only eConsent across 24 patients and found 71% of patients preferred the enhanced solution, saying it made the process more engaging, informative, and humanized. Another study of the consenting process of 35 clinical trials (representing 13,200+ participants) found patients using eConsent versus paper had a better understanding of the trial information.

Drug Discovery & Development
Aug 26th, 2026
Tufts model estimates 82x ROI and up to $21 million in value from Medable AI agent.

Tufts model estimates 82x ROI and up to $21 million in value from Medable AI agent. Tufts Center for the Study of Drug Development (CSDD) and clinical trial platform company Medable recently announced an analysis estimating that Medable's Clinical Monitoring Agent could deliver an 82x return on investment for phase 3 trials and 64x for phase 2. Based on expected net present value (eNPV), that equated to roughly $21 million in added financial value for phase 3 and $7.5 million for phase 2. The analysis focused on oncology. The analysis comes as enterprise use of agents is surging, and many organizations are using agents for workflows ranging from coding to tackling routine business workflows. McKinsey reported in July that 93% of its survey respondents reported exceeding AI budgets, while, 41% of software developers reported agents saved them one to two hours per day, on average, according to IBM in late 2025. Meanwhile, in the clinical trial domain, a 2025 Tufts CSDD analysis of 36 company-reported AI/ML use cases found an average 18% reduction in cycle time, reporting the largest trial-execution gains in patient monitoring and enrollment assessments. Putting numbers on the pilots. The latest Tufts-Medable collaboration sought to translate those reported operational gains into the language of investment decisions. "We've known for some time that companies have been piloting AI enablement tools, but what they've often been lacking is any kind of quantification of the actual ROI, the value proposition," said Ken Getz, executive director of Tufts CSDD. "We were really interested in doing a study where we could put some hard numbers around a specific AI enablement solution." Dr. Pamela Tenaerts, Chief Medical Officer at Medable, sees the potential savings expanding for sponsors with sizable oncology portfolios. She projected an incremental portfolio eNPV of up to $226 million across phase 2 and 3 studies for sponsors with 20 active indications and up to $565 million for those with 50 indications based on modeled portfolio scenarios that apply the same estimated value across each indication. Prebuilt agents, then about 20% tweaking. While agents can tackle a range of workflows, their clinical-trial configuration varies from sponsor to sponsor. Medable starts with prebuilt monitoring and trial master file (TMF) agents with connectors to clinical, data and enterprise systems. Medable's connector page lists roughly 40 integrations, spanning EDC (Medidata Rave, Oracle InForm, Veeva EDC), eTMF and CTMS (Veeva), safety (Oracle Argus), randomization (Oracle IRT), warehouses (Snowflake, Databricks, BigQuery) and general enterprise tools (Slack, Teams, SharePoint-adjacent storage). Sponsors configure the agents depending on their needs. "A lot of those agents still need about 20% tweaking, because systems are different and it has to be configured," Tenaerts said. In a Medable demonstration reviewed by the author, the agent pulled together information from multiple clinical systems and flagged a site with unusually low adverse-event reporting alongside concomitant medications recorded without corresponding adverse events. It then recommended opening EDC queries and sending correspondence to the site. "It can also see across the sites that person has, whether that's a recurring issue or not," Tenaerts said. Wrangling millions of data points per protocol. The ability to find patterns in mountains of data efficiently remains a priority as phase 3 protocols now involve an average of 5.9 million data points, up from 929,000 in 2012, per the Tufts CSDD/TransCelerate analysis of 105 protocols across 15 sponsor companies. "As the number of items collected multiplies, imagine you're a CRA [clinical research associate] and you have a study," Tenaerts said. "Your job is to wrangle that data together and make sure it all makes sense... You have an EDC system that collects data around the actual protocol data. You have CTMS [Clinical Trial Management System], you have TMF, and the CRA has to put all that data together in context and decide what to focus on." Clinical trials can be difficult to optimize through iteration. Randomization compares groups under prespecified conditions, leaving unobserved how the same trial would have performed with a different endpoint, eligibility rule, dose or monitoring plan. Testing those alternatives generally requires another trial with new participants, more time and substantial capital. Meanwhile, in clinical trials, avoiding outright failures is, of course, a priority. According to a study published in Journal of Medicinal Chemistry, the cumulative failure rate of small-molecule cancer drug candidates has hovered around 95% during phase 1 through phase 3 for roughly three decades. The odds improve in phase 3, but, still, failures outnumber successes. For instance, a 2026 analysis of 824 phase 3 oncology drug trials registered from 2007 through 2023 found a success rate of 43.4% (358 out of 824 trials). Can agents help with clinical trial failures? A host of problems are behind those long odds. Asked how an agent might catch a problem a human would miss, such as a fuzzy endpoint, a screening error, or a design flaw surfacing mid-study, Tenaerts described the agent's advantage in spotting errors a human might initially miss. "The agent has the ability to see things slightly earlier than a human would," she said. "That likely happens faster than a human can make that connection, so the person can intervene on that issue." She pointed to examples where an agent could point out sites that are falling behind on enrollment, protocol deviations traced to a lab value that repeatedly runs above the range specified in the protocol, and an adverse event emerging sooner on a trend basis. Getting a handle on the complexity can free up humans to focus less on data wrangling and more on interpreting the nuances of a given trial, Getz said. "There are very tactical decisions, like at what point do we need to alert the sites if we've detected a pattern in the deviations," he said. "And then there are major decisions of importance. Should we change the strategy of the study? Do we modify the design in some way? Do we need to address an amendment? What an agentic tool can help do is give the human the opportunity to focus on those higher priority decisions, and a lot of the more mundane ones can be streamlined or managed a lot more effectively." To some extent, the adoption of agents in clinical trials is at an early phase. In an interview with Pharmavoice, Tenaerts cited the complexity of oncology and its high unmet need, and touched on the potential for the model to extend to other trial types. "It makes logical sense that something you do in an oncology program we could probably replicate in other programs. I feel comfortable saying that we can, but we haven't done the model," she said. Where automation is landing in clinical trials today. Over the last couple of years, frontier AI labs have boasted about the ability of their models to do complex tasks, largely unattended. For instance, Anthropic said Mythos "conducted novel genomics research in over a week of largely autonomous work." Google DeepMind similarly said in July that AlphaEvolve, a Gemini-powered agent for designing and optimizing algorithms, "runs unattended, generating and improving candidates at a scale no human team could match." Medable said its agents tend to have a shorter leash. "Most of what the agent does right now is not autonomous," Tenaerts said. She described query resolution as close to the only action it takes on its own: when a field is missing, the agent writes the query, sends it to the site and files it in the TMF, and the CRA sees the record rather than approving it in advance. Everything else follows a recommend-and-review pattern in which the agent surfaces an issue, proposes next best actions and waits. "The agent doesn't suspend the CRA from thinking," she said. "The CRA still needs to be there." She also flagged where the work lands once monitoring speeds up. "If we are getting really efficient at sending out email to sites, we sure hope that the sites will get some help, because if you dump all that stuff on them, that's still a bottleneck, right?" Tenaerts said. "You push the balloon and it goes somewhere else. You need to figure out the whole system." Venu Mallarapu, chief transformation and AI officer at competing clinical data platform eClinical Solutions also put a ceiling on how far deployments have gone. Most eClinical customers are running assistive AI that drafts while a person handles the acting, he said, while the most advanced run scoped agents inside workflows that have been reengineered around them. "There's nobody that is running fully autonomous agents that not only process the data but also make decisions without human involvement," Mallarapu said. "At least I haven't seen that within our customer base."

pharmaphorum
Aug 19th, 2026
Medable, Tufts CSDD value AI gain at $21m net per programme.

Medable, Tufts CSDD value AI gain at $21m net per programme. New analysis from the Tufts Center for the Study of Drug Development (CSDD) and Palo Alto, CA-based Medable shows that AI agents accelerate clinical trials and improve staff productivity, delivering net financial gains to a sum as high as $21 million per drug development programme, as well as 82 times the return on investment (ROI). Medable partnered with Tufts CSDD to empirically answer the question: To what extent can clinical monitoring agents improve trial performance, and do those translate into measurable economic value for drug developers? Medable provided operational data - including operational time savings and agent cost - from its Clinical Monitoring Agent modelled in an oncology development programme. Tufts CSDD applied the expected Net Present Value (eNPV) framework, a widely accepted method for quantifying the financial impact of innovation investments, to assess the value created by the AI agent. On average, it takes 10-12 years to bring drugs to patients. That is expected to significantly shrink for the first time in the digital age. Indeed, for the first time since 1962, the average number of drugs approved each year in the US may finally jump past 50, breaking a long-held drug development glass ceiling. The Tufts CSDD analysis specifically assessed the impact of Medable's Clinical Monitoring Agent across three top-line metrics: expected net present value, overall return on investment, and direct operating cost savings. The agent showed eNPV gains of approximately $7.5 million (phase 2 trial), $11.3 million (combined phase 2 and phase 3) development, and $21 million (phase 3 trial). Meanwhile, the study found an estimated ROI of 64x for phase 2 and 82x for phase 3 clinical trials. From the data, Tufts CSDD estimated direct operating cost reductions in on-site monitoring per clinical trial of approximately $4.4 million per phase 2 and $5.6 million per phase 3 study. Additional analysis identified and valued administrative off-site monitoring task efficiencies of approximately $600,000 (phase 2) and $1.7 million (phase 3). These savings reflect clinical research associate time that could be reallocated to other studies and were not included in the eNPV calculations. Dr Pamela Tenaerts, chief medical officer at Medable, commented: "For a sponsor with 20 active indications, deploying a clinical monitoring agent across phase 2 and 3 studies could generate as much as $226 million in incremental portfolio eNPV. For a sponsor with 50 active indications, that figure could jump to as much as $565 million. Bottom line? We now have evidence demonstrating sizable value creation of agents in clinical research, helping break longstanding barriers." In the patent cliff race to 2030, where blockbuster drugs representing $200+ billion in annual revenue are expected to lose exclusivity, the benefits are clear. In addition to these high-level findings, Tufts and Medable will publish a more detailed peer-reviewed paper later this year. Dr Pamela Tenaerts previously spoke with pharmaphorum following ASCO 2025, for a conversation on the company's digital-first model to handle long-term follow-up care for cell and gene therapy cancer trials. 19 August, 2026

Associated Press
Jun 15th, 2026
Medable launches Digital Data Flow Agent to automate clinical trial protocol transformation

Medable has launched its Digital Data Flow Agent, which automatically converts static clinical trial protocols into machine-readable, structured data in CDISC USDM 4.0 format. The technology enables continuous alignment across the clinical development lifecycle, allowing trial sponsors to generate electronic clinical outcomes assessments in minutes whilst maintaining protocol consistency. The DDF Agent addresses the traditional challenge of manual protocol interpretation across multiple systems. When protocols are amended, changes automatically propagate across connected documents and workflows, reducing operational burden and enabling faster response to study insights. The technology supports the FDA's vision for real-time clinical trials, where ongoing data review becomes standard practice. Medable's platform has been deployed in nearly 400 trials across 70 countries, serving over one million patients globally.

Business Wire
Jun 15th, 2026
Medable introduces Digital Data Flow agent, laying the foundation for end-to-end agentic clinical development.

Medable introduces Digital Data Flow agent, laying the foundation for end-to-end agentic clinical development. New agent supports digital infrastructure needed for FDA's emerging real-time clinical trial model PALO ALTO, Calif.-(BUSINESS WIRE)-Medable Inc., the leading technology platform for agentic clinical development, today announced its Digital Data Flow (DDF) Agent, which automatically transforms static clinical trial protocols into structured, machine-readable data that can be continuously used across the clinical development lifecycle. Traditionally, clinical trial protocols are static documents that require extensive manual interpretation and re-creation across many downstream systems. Medable's DDF Agent converts protocol information into a CDISC USDM 4.0, standardized, structured JSON data format, which is foundational for automated and dynamic readiness and adaptivity throughout a clinical trial. For example, using Medable's DDF Agent, trial sponsors can automatically generate their electronic clinical outcomes assessments (eCOAs) in minutes, while maintaining alignment with the source protocol and any subsequent amendments. As the industry moves toward more adaptive and real-time data clinical trial models, Medable's DDF Agent helps establish the infrastructure needed for continuous protocol evolution. Changes made to the protocol after approval can automatically propagate across connected documents, workflows, and systems, reducing operational burden and helping organizations respond more rapidly to emerging study insights. This approach aligns with the U.S. Food and Drug Administration's vision for real-time clinical trials, where ongoing data review becomes standard practice. In such an environment, maintaining consistency across study documentation and operational systems will require a digital, machine-readable foundation rather than traditional, document-based processes. Medable's DDF Agent represents an important step toward enabling that future. "The FDA's move toward real-time clinical trials makes clear that the industry can no longer rely on static documents and manual handoffs to support modern study execution," said Jessica Dolfi, Medable Senior Vice President of Solution Consulting. "Medable's DDF Agent helps create the machine-readable foundation needed to keep protocols, downstream systems, and operational workflows continuously aligned. That is essential for a future in which study data, endpoints, and safety signals must move with greater speed, consistency, and traceability to support real-time trial execution and responsiveness." Medable is agentifying the clinical development lifecycle, from protocol initiation to study close-out with Medable Agent Studio - a purpose-built agentic AI platform for clinical development that enables sponsors and CROs to deploy AI agents across clinical workflows. The platform combines no-code agent creation, human-in-the-loop oversight, GxP-ready compliance controls, a clinical data ontology layer, built-in AI governance, and Model Context Protocol connectors across clinical and enterprise systems to automate operational work while maintaining transparency, auditability, and regulatory alignment. And Medable's Agentic Accelerator Program with onboarding, integration support, and change management allows customers to gain value from AI agents on day one. About Medable Medable is on a mission to get effective therapies to people faster. Its agentic clinical trials platform enhances speed, scale, and patient access in clinical research, accelerating medicines for thousands of conditions without treatment or cure. Awarded Leader in eCOA by Everest Group, Medable's platform has been deployed in nearly 400 trials in 70 countries and 120 languages, serving more than one million patients globally. Medable is a privately held, venture-backed company headquartered in Palo Alto, California. Learn more at medable.com. Contacts. Media Contact Lisa Barbadora, Barbadora INK for Medable +1 (610) 420-3413 [email protected] / [email protected] More News From Medable Inc. PALO ALTO, Calif.-( BUSINESS WIRE )-Medable Inc., the leading technology platform for agentic AI-powered clinical development, today announced its Agentic Accelerator Program to help life sciences companies transform clinical development with agentic AI. The program includes onboarding, integration support, governance, and change management to enable sponsors and contract research organizations to gain value from AI agents from day one. Surprisingly, only 22% of life sciences leaders have scale... PALO ALTO, Calif.-( BUSINESS WIRE )-Medable Inc., the leading technology platform for agentic AI clinical development, today announced that its CEO and co-founder, Dr. Michelle Longmire, will be one of three international guest speakers at Japan's largest pharmaceutical conference, Ubie Pharma Summit (May 13-14, 2026). Longmire will be speaking at the fifth annual event along with Justin Chen, MD, Clinical Specialist at Google for Health, and John Halamka, MD, President of Mayo Clinic Platform... PALO ALTO, Calif.-( BUSINESS WIRE )-Medable Inc., the leading technology platform for AI-powered clinical development, today launched Agentic AI for research sites to reduce burden and assist principal investigators (PIs) in oversight and monitoring of electronic clinical outcome assessment (eCOA) data. Medable's newest agent integrates seamlessly within its eCOA system workflows. Released just after Medable's TMF and CRA agents, its PI Summary Agent continues the company's rapid rollout of fun...

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