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Medable Secures $304 Million In Funding At $2.1 Billion Valuation; New Round Co-Led By Blackstone Growth, Gsr Ventures And Tiger Global

Medable Secures $304 Million In Funding At $2.1 Billion Valuation; New Round Co-Led By Blackstone Growth, Gsr Ventures And Tiger Global

10/26/21, 11:37 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgpalo alto
Money raised
$304 million
Medable Inc., the leading cloud platform for patient-centered clinical research, today announced $304 million in Series D funding to accelerate global adoption of digital and decentralized clinical trials, enabling ubiquitous access to the latest treatments for every body and every biology. The funding round was co-led by new investors Blackstone Growth and Tiger Global and existing investor GSR Ventures. The round also includes follow-on investment from existing investors Sapphire Ventures and WTI.

Company Info

Company
Medable
Location
palo alto, california, united states
Additional Info
Medable is on a mission to get effective therapies to patients faster by transforming clinical drug development with disruptive technologies. The company’s digital platform streamlines design, recruitment, retention and data quality for decentralized trials, replacing siloed systems with integrated digital tools, data and interfaces to accelerate trial execution. Medable connects patients, sites and clinical trial teams to improve patient access, experience, and outcomes. Medable is a privately held, venture-backed company headquartered in Palo Alto, California.

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