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

PRIVATEMay 04, 2020

Amount Raised

$25 Million

Round Type

Funding Round

Palo AltoInformation TechnologyHealthcareSoftwareHealth Care

Description

Medable, Inc., the leading global platform for decentralized clinical trials, today announced $25 million in funding to accelerate clinical drug development with digital technology, enabling effective new therapies to reach patients faster. The investment will be used to extend product development, partnerships and market adoption for Medable’s decentralized trial platform, which brings together clinical trial participants, clinical research sites, partners and analytics to enable more patient-centric and informed clinical research.

Who else raised in Healthcare and Software around the same time

Companies in the same sectors as Medable Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Streamex Corp. raised $600K on May 5, 2020.
  • Clarify Health raised $13M on April 17, 2020.
  • Foresee Medical raised $2M on April 6, 2020.
  • Checkmate Pharmaceuticals, Inc. raised $85M on June 18, 2020.
  • Azora Therapeutics, Inc. (DE) raised $5.2M on June 17, 2020.
  • Cue Health raised $103M on June 16, 2020.

Who to call at Medable Inc., and when

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Company Information

Company

Medable Inc.

Location

525 University Avenue

Palo Alto, California, United States

About

Medable is the app and analytics platform for healthcare.

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Medable Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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