Medable

Medable

SaaS platform for decentralized clinical trials

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

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.

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Simplify's Take

What believers are saying

  • Platform deployed in 400 trials across 70 countries, serving 1 million patients.
  • CNIL approval expands EU access after 6-month Servier partnership.
  • Google Cloud Marketplace integration boosts pharma control and transparency.

What critics are saying

  • Teladoc's Inovalon erodes biopharma share with AI analytics in 12-24 months.
  • FDA 2025 guidance invalidates PI Summary Agent, halting US deployments.
  • Veeva's OpenAI o1 automates 80% workflows, slashing mid-pharma renewals.

What makes Medable unique

  • Medable's Agent Studio delivers first agentic AI platform for life sciences clinical trials.
  • Unified cloud-agnostic API integrates EDC, CTMS, and data platforms seamlessly.
  • Pre-built modules cut vaccine trial deployment from 12 weeks to 5 weeks.

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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

0%

1 year growth

-2%

2 year growth

-3%
The Associated Press
Jan 28th, 2026
Medable launches AI agent to help principal investigators oversee eCOA data in clinical trials

Medable, a clinical development technology platform, has launched an AI agent to assist principal investigators with oversight of electronic clinical outcome assessment data at research sites. The PI Summary Agent continuously monitors participant eCOA data, generating summaries and highlighting critical data points whilst maintaining human oversight. The agent addresses regulatory requirements for oversight of remotely captured data, which traditionally required manual verification across multiple systems. It centralises participant data inputs to streamline remote monitoring without disrupting trial operations. Released following Medable's TMF and CRA agents, the new capability is available now as part of Medable's eCOA platform. The company's platform has been deployed in nearly 400 trials across 70 countries, serving over one million patients globally.

MobiHealthNews
Sep 4th, 2025
Medable launches agentic AI platform for clinical development

That same year, CVS teamed up with Medable on an initiative to grow clinical trial engagement at the former's CVS MinuteClinics.

RamaOnHealthcare
Sep 3rd, 2025
Medable Launches Agent Studio, the First Agentic AI Platform for Life Sciences

- Medable, a technology provider for clinical development, has launched Agent Studio, which it calls the industry's first agentic AI platform purpose-built for life sciences.

Business Wire
Jun 10th, 2025
Medable Launches Partner Program for Faster Clinical Trial Startup, Greater Control, and Transparent Pricing

Medable launches Partner Program for faster clinical trial startup, greater control, and transparent pricing.

PharmaLive
May 28th, 2025
Medable introduces Long-Term Follow-Up Model for cell & gene therapy (CGT) trials

Medable Inc., a leading technology platform provider for decentralized clinical trials, today unveiled its digital-first Long-Term Follow-Up (LTFU) model for cell and gene therapy (CGT) trials.

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