Medable Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 650

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 23

Medable General Information

Description

Developer of a cloud-based platform designed to provide effective therapies to patients. The company's platform includes modules such as back-end, analytics, collaboration, compliance and research survey to the healthcare sector's strict compliance, interoperability and privacy concerns worldwide, enabling medical practitioners to streamline digital trials and permit wide patient access and outcomes.

Contact Information

Website
www.medable.com
Formerly Known As
Dermtap
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 525 University Avenue
  • Suite A70
  • Palo Alto, CA 94301
  • United States
+1 (505)
Primary Industry
Other Healthcare Technology Systems
Vertical(s)
SaaS, HealthTech
Corporate Office
  • 525 University Avenue
  • Suite A70
  • Palo Alto, CA 94301
  • United States
+1 (505)

Medable Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Medable Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
16. Secondary Transaction - Private 04-Mar-2022 Completed Generating Revenue
15. Later Stage VC (Series D) 26-Oct-2021 Completed Generating Revenue
14. Later Stage VC (Series C3) 15-Apr-2021 Completed Generating Revenue
13. Later Stage VC (Series C) 19-Nov-2020 Completed Generating Revenue
12. Debt - PPP 30-Apr-2020 Completed Generating Revenue
11. Debt - General 31-Dec-2019 Completed Generating Revenue
10. Grant 16-Apr-2019 Completed Generating Revenue
9. Grant 01-Jan-2019 Completed Generating Revenue
8. Later Stage VC (Series B) 27-Jul-2018 $18.5M $23.7M Completed Generating Revenue
7. Accelerator/Incubator 01-Jun-2018 $5.24M Completed Generating Revenue
To view Medable’s complete valuation and funding history, request access »

Medable Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D
Series C3
Series C2
Series C
Series B
Series A 6,962,000 $0.000100 $0.04 $0.56 $0.56 1x $0.56 3.21%
Seed 5,221,081 $0.000100 $0.01 $0.18 $0.18 1x $0.18 2.4%
To view Medable’s complete cap table history, request access »

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Medable Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cloud-based platform designed to provide effective therapies to patients. The company's platform includes
Other Healthcare Technology Systems
Palo Alto, CA
650 As of 2022

Malvern, PA
 

San Francisco, CA
 
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Medable Competitors (47)

One of Medable’s 47 competitors is YPrime, a Private Equity-Backed company based in Malvern, PA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
YPrime Private Equity-Backed Malvern, PA
Medrio Venture Capital-Backed San Francisco, CA
Wellist Venture Capital-Backed Pittsburgh, PA
Signant Health Private Equity-Backed Blue Bell, PA
Stanley Healthcare Corporate Backed or Acquired Waltham, MA
You’re viewing 5 of 47 competitors. Get the full list »

Medable Patents

Medable Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210375459-A1 Method and system enabling digital biomarker data integration and analysis for clinical treatment impact Active 01-Jun-2020
US-11670421-B2 Method and system enabling digital biomarker data integration and analysis for clinical treatment impact Active 01-Jun-2020
US-11587682-B2 Method and system to integrate data, analyze and develop improved care plan for a patient at home Active 15-May-2020
US-20210358627-A1 Method and system to integrate data, analyze and develop improved care plan for a patient at home Active 15-May-2020
US-11631041-B2 Methods and systems for creating and managing a research study and deploying via mobile and web utilizing a research module Active 24-May-2016 G06Q10/0639
To view Medable’s complete patent history, request access »

Medable Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Medable Investors (23)

Investor Name Investor Type Holding Investor Since Participating Rounds
ACVC Partners Venture Capital Minority
Anula Jayasuriya Angel (individual) Minority
Blackstone PE/Buyout Minority
Emerson Collective Impact Investing Minority
North Sky Capital PE/Buyout Minority
You’re viewing 5 of 23 investors. Get the full list »

Medable Acquisitions (1)

Medable’s most recent deal was a Merger/Acquisition with Omhu. The deal was made on 02-Feb-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Omhu 02-Feb-2022 Merger/Acquisition Clinics/Outpatient Services
To view Medable’s complete acquisitions history, request access »

Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Omhu Copenhagen, Denmark 2020

Medable FAQs

  • When was Medable founded?

    Medable was founded in 2012.

  • Where is Medable headquartered?

    Medable is headquartered in Palo Alto, CA.

  • What is the size of Medable?

    Medable has 650 total employees.

  • What industry is Medable in?

    Medable’s primary industry is Other Healthcare Technology Systems.

  • Is Medable a private or public company?

    Medable is a Private company.

  • What is Medable’s current revenue?

    The current revenue for Medable is .

  • How much funding has Medable raised over time?

    Medable has raised $580M.

  • Who are Medable’s investors?

    ACVC Partners, Anula Jayasuriya, Blackstone, Emerson Collective, and North Sky Capital are 5 of 23 investors who have invested in Medable.

  • Who are Medable’s competitors?

    YPrime, Medrio, Wellist, Signant Health, and Stanley Healthcare are some of the 47 competitors of Medable.

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