Medable logo

Medable Stock

Private Company · Price from Clarity
$3.00 0.00 (0.00%)
As of Oct 20, 2026
0.00%
Valuation$2.1B1
Valuation DateOct 26, 2021
Implied Valuationn/a
Last Price$3.00
52-Week High$3.00
52-Week Low$3.00
YTD Return+0.00%
1-Year Return+0.00%
3-Year Returnn/a
Total Funding$521M1
Latest Round Amount$304M1
Latest RoundSeries D
Funding Rounds7
IPO StatusUnknown
Expected IPO Daten/a
Revenuen/a
Revenue Typen/a
P/S Ration/a

About Medable

Medable is a clinical development software company that sells a cloud platform for digital and decentralized clinical trials. Its tools cover electronic clinical outcome assessments, eConsent, televisits and connected sensors so sponsors can enroll and run studies without requiring every visit at a research site. The company has more recently added Agent Studio, a no-code product that lets clinical teams deploy GxP-ready AI agents for trial monitoring, trial master file documents and protocol data. Medable makes money by selling software subscriptions to pharmaceutical companies, biotech firms and contract research organizations, including SaaS contracts that cover a whole trial portfolio rather than a single study.

Founded 2012
Country United States
CEO Michelle Longmire
Founders Michelle Longmire, Tim Smith, James Sas, Perry Robinson
Headquarters Palo Alto, CA

Invest in Medable

Medable is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).

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News

MRCT Center and Medable Launch New Resources for Investigator Oversight in Decentralized Clinical Trials

Medable and the MRCT Center released new tools to help sponsors and investigators maintain oversight when running decentralized clinical trials.

4 weeks ago - Medable

Medable Launches The Industry's First Agentic AI Platform and CRA Agent

Medable introduced Agent Studio, a no-code agentic AI platform for life sciences, along with CRA Agent for clinical trial monitoring to automate routine workflows with human oversight.

7 weeks ago - Business Wire

Medable and ICON Exceed Patient eConsent Adoption Goals for Women's Health Study on Menopause

Medable reported that more than 85% of participants in a U.S. menopause study managed by ICON used its Total Consent eConsent technology, with 18 sites reaching 100% adoption.

7 weeks ago - Medable

New Tufts CSDD Analysis Finds AI Agents Can Deliver Up to $21 Million in Net Financial Value Per Drug Development Program

Medable and Tufts CSDD reported that an AI clinical monitoring agent could deliver up to $21 million in net present value per phase 3 oncology program and an estimated 82x return on investment.

2 months ago - Medable

Medable Introduces Digital Data Flow Agent, Laying the Foundation for End-to-End Agentic Clinical Development

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 st...

4 months ago - Business Wire

Medable Launches Agentic Accelerator Program to Help Life Sciences Companies Deploy Agentic AI Across Clinical Development Lifecycle

Medable launched a program that helps sponsors and CROs roll out its Agent Studio tools, with onboarding, integration support and change management. The company said the offer is available to all Agen...

4 months ago - Medable

Medable CEO Michelle Longmire Featured as Guest Speaker with Leaders from Google and Mayo Clinic at Japan's Largest Pharmaceutical Summit

Medable said CEO and co-founder Michelle Longmire would speak at Japan's Ubie Pharma Summit alongside speakers from Google for Health and Mayo Clinic Platform. The appearance was billed as part of the...

5 months ago - Business Wire

Medable Introduces AI Agent to Reduce Burden at Research Sites by Assisting Principal Investigators with Oversight of eCOA Data

Medable launched a PI Summary Agent that monitors eCOA participant data and gives investigators an AI-generated summary with human-in-the-loop control. It followed the company's TMF and CRA agents on ...

8 months ago - Medable

Medable Debuts AI Agent for Automating Trial Master File (TMF) Processes

Medable introduced a TMF Agent that classifies trial documents, extracts metadata and prepares them for review before submission into eTMF systems such as Veeva Vault. CEO Michelle Longmire was also s...

9 months ago - Medable

Medable Named a Leader Amid Growing eCOA Adoption

Medable said Everest Group named it a Leader in the 2025 Life Sciences eCOA Products PEAK Matrix Assessment. The company pointed to AI features, multimodal data capture and pricing as reasons buyers c...

1 year ago - Medable

Medable Launches The Industry's First Agentic AI Platform and CRA Agent; Removes Bottlenecks in Clinical Development

Medable launched Agent Studio, a no-code builder for clinical-development AI agents, along with a CRA Agent for trial monitoring. The company said the tools keep a human in the loop and connect to sys...

1 year ago - Medable

Medable Launches Partner Program for Faster Clinical Trial Startup, Greater Control, and Transparent Pricing

Medable opened a partner program that lets CROs build eCOA studies on its platform with self-service tools and up-front pricing. The company said the program is meant to cut trial startup timelines.

1 year ago - Medable

Medable Reports 80% Revenue Growth from Portfolio-Level eCOA Adoption, Sharp Increase Compared to Study-by-Study Adoption

Medable said 2024 revenue from enterprise customers on portfolio-level eCOA SaaS contracts grew 80% versus study-by-study deals. It did not disclose a dollar revenue figure.

1 year ago - Medable

Medable Joins Forces with Google Cloud to Deliver Digital Clinical Trials Technology on Google Cloud Marketplace

Medable put its digital clinical-trial platform, including Medable Studio, on Google Cloud Marketplace. Customers can pay for usage on Google Cloud invoices.

1 year ago - Medable

New Medable Studio Empowers Sponsors to Launch eCOA Solutions into Clinical Trials with Unparalleled Control and Efficiency

Medable launched Studio, a no-code application for configuring, translating and launching eCOA, eConsent, televisits and sensors. Co-founder and CTO Tim Smith said it is meant to cut study-build timel...

2 years ago - Medable

Medable and Masimo Partner to Bring Best-in-Class Wearable Devices to Clinical Research, Capturing Rich Subjective and Objective Data

PALO ALTO, Calif.--(BUSINESS WIRE)--Medable Inc., the leading technology provider for modern clinical trials, is partnering with industry leader Masimo (NASDAQ: MASI) to bring best-in-class medical-gr...

Other symbols: MASI
2 years ago - Business Wire

Syneos Health Extends Partnership with Medable

Continued Collaboration Will Accelerate Bringing Clinical Trials Closer to the Patient Continued Collaboration Will Accelerate Bringing Clinical Trials Closer to the Patient

3 years ago - GlobeNewsWire

Medable and CVS Health Announce Collaboration to Expand Clinical Trial Access

PALO ALTO, Calif.--(BUSINESS WIRE)-- #access--Medable and CVS Health announced a collaboration to expand clinical trial access via select MinuteClinic™ locations using Medable's software platform.

Other symbols: CVS
4 years ago - Business Wire

Medable Acquires Mobile Applications from LEO Pharma, Expands Global Engineering Team and European Presence

Medable acquired Omhu A/S from LEO Innovation Lab, taking over the Danish digital-health team's mobile apps and 38 employees. Terms were not disclosed.

4 years ago - Business Wire

Medable Secures $304 Million in Funding at $2.1 Billion Valuation; New Round Co-Led by Blackstone Growth, GSR Ventures and Tiger Global

PALO ALTO, Calif.--(BUSINESS WIRE)-- #biotech--Medable secured $304 million in Series D funding at $2.1 billion valuation to accelerate global adoption of digital and decentralized clinical trials.

4 years ago - Business Wire

Medable Secures Another $78 Million Funding to Fuel Digital Innovation for Patient-Centered Drug Development

PALO ALTO, Calif.--(BUSINESS WIRE)-- #biotech--Medable announced $78 million in new funding to fuel advances in the delivery of decentralized clinical trials and patient-centered research.

5 years ago - Business Wire

Medable Secures $91 Million Funding to Accelerate Industry Shift to Digital and Decentralized Clinical Trials

Medable raised $91 million in Series C funding led by Sapphire Ventures, with GSR Ventures, PPD and Streamlined Ventures participating. The company said the round brought total capital raised to more ...

5 years ago - Business Wire

Medable Secures $25M Venture Funding to Drive Global Adoption of Decentralized Clinical Trials

Medable raised $25 million led by GSR Ventures, with existing investor PPD participating. The company said the round brought total capital raised to more than $45 million.

6 years ago - Business Wire