Medidata Solutions

Saas-based clinical development solutions addressing the functioning of customers' clinical trials.

Launch date

1999

Employees

1001-5000 people

Market cap

Enterprise valuation

$5.8b (Public information from Jun 2019)

New York City New York (HQ)

https://www.medidata.com/

https://twitter.com/medidata https://www.facebook.com/medidatasolutions https://www.linkedin.com/company/medidata-solutions https://apps.apple.com/app/id1248890072 https://play.google.com/store/apps/details?id=com.mdsol.aquila

Revenues, earnings & profits over time

USD	2015	2016	2017	2018	2019	2020
Revenues	-	-	546m	636m	-	-
% growth	-	-	-	16 %	-	-
EBITDA	-	-	132m	149m	178m	215m
% EBITDA margin	-	-	24 %	23 %	-	-
Profit	-	-	44.0m	51.0m	42.0m	60.0m
% profit margin	-	-	8 %	8 %	-	-
R&D budget	91.3m	117m	140m	175m	-	-
R&D % of revenue	-	-	26 %	28 %	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
-	ARCH Venture Partners	N/A	-
Mar 2002	Silicon Alley Venture Partners Medidata Solutions	N/A	Seed
Mar 2003	N/A	$1.1m	Series C
Jun 2004	Insight Partners	$20.0m	Late VC
Jun 2009	N/A	N/A	IPO
Jan 2013	US Department of Defense	$1.3m	Grant
Jun 2019*	Dassault Systemes	$5.8b Valuation: $5.8b 9.1x EV/LTM Revenues 38.9x EV/LTM EBITDA	Acquisition
Nov 2023*	TFS HealthScience	N/A	Post IPO Equity
Total Funding		$22.3m

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Medidata Solutions Jun 2011

Medidata Solutions

ACQUISITION by Dassault Systemes Jun 2019

ACQUISITION by Medidata Solutions Apr 2017

ACQUISITION by Medidata Solutions Feb 2017

ACQUISITION by Medidata Solutions Apr 2016

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ACQUISITION by PicnicHealth Oct 2023