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Caidya

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Clinical research firm offering integrated clinical research services for biopharmaceutical and medical firms

Morrisville, United StatesFounded 2003Biotech & Life Sciences
Valuation $500M–1B Last recorded · 2025
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Caidya and the history behind them.

About Caidya

Caidya operates as a global contract research organization (CRO), providing comprehensive clinical development services to the biopharmaceutical and medical device sectors. The company was established in 2021 through the merger of two established CROs: Clinipace, founded in 2003, and dMed Global, founded in 2016. This strategic union created a mid-sized CRO with an extensive global footprint, particularly strengthening its presence in North America and the Asia-Pacific region, including China.

The formation of Caidya was driven by the leadership of the legacy companies. dMed was founded by Dr. Lingshi Tan, a former Pfizer executive who served as the General Manager of Pfizer's China R&D Center. His experience was pivotal in establishing dMed's expertise in navigating China's regulatory framework. Following the merger, Dr. Tan became the global CEO of the new entity, while Clinipace's CEO, Jason Monteleone, took on the role of Chief Business & Strategy Officer. The rebranding to Caidya occurred in 2022 to unify the merged companies under a single identity.

The firm's business model is centered on providing outsourced clinical trial services. This encompasses a broad spectrum of offerings, from pre-Investigational New Drug (IND) strategy and early-phase development through to late-stage clinical trials, regulatory submissions, and post-marketing surveillance. Caidya serves a diverse client base, including biotechnology, pharmaceutical, and medical device companies of varying sizes, from venture-backed startups to large-cap corporations. Revenue is generated by delivering these services through flexible and scalable models, which include standalone projects, full-service partnerships, and functional service provider (FSP) arrangements where Caidya manages specific functions like data management or biostatistics.

Caidya's service portfolio is comprehensive, covering clinical operations, study start-up, data management, biometrics, regulatory affairs, and medical writing. The organization possesses deep therapeutic expertise in high-demand areas such as oncology, rare diseases, cell and gene therapy, dermatology, and cardiology. A key aspect of its operational approach is the integration of technology to enhance trial transparency and efficiency. This includes the use of its proprietary platform, Clarity, which synthesizes data from various systems to provide a near real-time, holistic view of trial progress, facilitating data-driven decision-making for its clients. Caidya also integrates with industry-standard technologies like Medidata Rave and Veeva to meet specific study needs.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2003
Headquarters
Morrisville, United States
Employees
241
Open positions
None listed
Dealroom signal
65.7/100
Industry
Health, Event Tech
Sub-industry
Pharmaceutical, BioTechnology, Health Platform
Sector
Biotech & Life Sciences, Biotechnology, Disease, Biotech and Pharma, Hard Tech, DT and LS, science-based
Business model
Manufacturing, SaaS
Client focus
b2b
Investment activity
5 companies, latest Jun 2026
Capital deployed
—
Preferred round
ACQUISITION

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCOther financing Jan 2025 $165M — Rubicon Founders ↗
SERIES DOther financing Apr 2023 $0 — Qiming Venture Partners —
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Caidya website traffic

Latest recorded traffic for Caidya is 790 monthly website visits, up 172.4% over the last three months. Caidya's team declined 0.4% over the past year.

Latest monthly visits790 3-month web change+172.4% 1-year team growth-0.4%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • Hatteras Venture Partners
  • Emergent Growth Fund

Series B and later10 investors entered at this stage

  • Morgan Stanley
  • BPEA Private Equity
  • Osage University Partners
  • Harbert Growth Partners
  • Mario Family Funds
  • Superstring Capital
  • Rock Springs Capital
  • SpringHill Management
  • Qiming Venture Partners
  • Rubicon Founders

Other known investors1 additional known investor

  • DMed
Team profiled 20 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
20 countries with
team presence
🇺🇸 United States40.5%
🇮🇳 India24.2%
🇹🇼 Taiwan8.5%
🇩🇪 Germany7.2%
🇰🇷 South Korea2.6%
Top 5 of 20 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Caidya on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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