Cloud-based solutions for clinical research.

  • Location: New York City
  • Sector: Digital Health
  • Exit: NASDAQ: MDSO, December 22, 2009

Activate Team Role

Led first institutional round in 2002 when Medidata had under $2 million in revenue, helped recruit critical sales and marketing hire and served on board until the IPO in 2009.


Medidata generates revenues in excess of $500 million per year, achieved a market value in excess of $3 billion and is the leading provider of cloud-based clinical research solutions for biopharmaceutical companies.

Medidata’s experience with Activate’s partners has been extremely positive. The partners’ support and insights have been a tremendous value add, and I feel have contributed to the tremendous success that we have had as an organization. Activate embodies all of the positive characteristics you would look for in an early stage venture capital firm…smart investors, professional value add, and importantly, good people to work with.
— Tarek Sherif, CEO