Funding round
Medable Series A
Medable, which works in decentralized clinical trial platform development in Palo Alto, raised an undisclosed amount in a Series A round announced on 15 Jul 2016. 1 firm took part. It is Medable's first venture round on record.
Undisclosed
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Medable did not disclose a valuation in this round. It is Medable's first venture round on record, 1 year after it was founded in 2015. Medable raised again 46 months later: a Growth round of $25M in May 2020. Its next priced round, a Series D in Oct 2021, valued it at $2.10B.
Medable's funding rounds
Medable has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- Launchpad Digital Health
Comparable rounds
How it compares
506 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $7.0M. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 22 Jul 2016 | $45M | not disclosed | not named |
| Vena Tech Companies | 26 Jul 2016 | $30M | not disclosed | Centana Growth Partners |
| Tech Companies | 15 Jul 2016 | $16M | not disclosed | not named |
| Tech Companies | 26 Jul 2016 | $15M | not disclosed | Sequoia Capital |
| Tech Companies | 11 Jul 2016 | $14M | not disclosed | Shasta Ventures |
| Tech Companies | 19 Jul 2016 | $10M | not disclosed | not named |
| Tech Companies | 28 Jul 2016 | $10M | not disclosed | not named |
| Tech Companies | 27 Jul 2016 | $8.0M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Medable raise in its Series A round?
Medable did not disclose the amount of its Series A round, announced in Jul 2016.
Which investors took part in Medable's Series A round?
Launchpad Digital Health.
What was Medable's valuation at the Series A round?
It was not disclosed.
Did Medable raise again after this round?
Yes: a Growth round in May 2020 of $25M.