FundedIQ
Health Care

Medable: Funding, Investors & Team (Aug 2026)

Medable provides a global decentralized trial platform that streamlines design, recruitment, retention, and data quality, replacing siloed systems with integrated digital tools, data, and interfaces to accelerate trial execution. The platform connects patients, sites, and clinical trial teams to improve patient access, experience, and outcomes. It is now used by leading biopharma sponsors and clinical research organizations worldwide and has been used for trials in 30+ countries and 26 languages. It was founded in 2015 and is headquartered in Palo Alto, California.

www.medable.com LinkedIn Palo Alto, United States 251-500 employees
Developer APIs Medical Device Messaging Pharmaceutical SaaS
Total raised
$382M
Rounds
2
Latest
Series D
Oct 2021

Medable has raised $382M across 2 funding rounds on record, the most recent a Series D of $304M announced in Oct 2021.

That round is above the $4.7M median round size for Health Care companies tracked on FundedIQ over the last two years.

Medable Company Profile and Key Stats

Total funding raised
$382M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series D
$304M in Oct 2021
Employees
251-500
reported band
Headquarters
Palo Alto, United States

Latest funding round on record: Oct 2021.

Medable Funding Rounds

Date
Round
Amount
Series D
$304M
Series C
$78.0M

Medable raised $78.0M in a Series C announced in Apr 2021.

6 months later, a Series D of $304M was announced in Oct 2021.

Medable Founders and Leadership Team

Name
Role
Contact
Michelle Longmire
CEO
Locked

Contact details for the Medable team: 1 of 1 has an email address on file.

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Medable Funding Compared to Other Health Care Startups

Segment
Companies
Median round
3,653
$4.7M
29,722
$7.5M
760
$90M

Medable's latest round of $304M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.

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Medable Funding FAQs

What does Medable do?

Medable provides a global decentralized trial platform that streamlines design, recruitment, retention, and data quality, replacing siloed systems with integrated digital tools, data, and interfaces to accelerate trial execution. The platform connects patients, sites, and clinical trial teams to improve patient access, experience, and outcomes. It is now used by leading biopharma sponsors and clinical research organizations worldwide and has been used for trials in 30+ countries and 26 languages. It was founded in 2015 and is headquartered in Palo Alto, California.

How much funding has Medable raised?

Medable has raised $382M across 2 rounds on record. The most recent is a Series D of $304M announced in Oct 2021.

When did Medable last raise funding?

Medable's most recent funding round on record is a Series D of $304M, announced in Oct 2021.

Who is the CEO of Medable?

Michelle Longmire is listed as CEO at Medable.

Where is Medable headquartered?

Medable is based in Palo Alto, California, United States.

How many employees does Medable have?

Medable is in the 251-500 employee band.

How does Medable's funding compare to other Health Care startups?

Medable's latest round of $304M is above the $4.7M median round size for Health Care companies on FundedIQ across 3,653 tracked companies over the last two years.

About FundedIQ's Medable Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Medable is left off this page rather than filled in.

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