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DMed

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DMed become an international brand for providing drug innovation services and solutions

Pudong, ChinaFounded 2016Biotech & Life Sciences
Valuation $500M–1B Last recorded · 2020
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for DMed and the history behind them.

About DMed

In 2016, Dr. Lingshi Tan founded dMed Biopharmaceutical Co., Ltd., a company with a vision to revolutionize clinical research. With a strategic presence in 23 countries, dMed aimed to provide broad access to diverse patient populations across the Americas, Europe, and APAC. The company quickly established itself as a leader in the healthcare industry, leveraging its therapeutic and operational expertise to conduct efficient and high-standard clinical studies.

In a significant turn of events, dMed merged with Clinipace in 2021, forming a new entity known as Caidya. This merger combined the strengths of two leading Contract Research Organizations (CROs), expanding their global footprint and enhancing their capabilities in clinical trial management. The newly formed Caidya boasted nearly 1,800 employees across more than 30 countries, marking a new era of growth and innovation.

In 2025, Caidya achieved a major milestone by securing a $165 million strategic funding round from Rubicon Founders. This infusion of capital was aimed at further expanding their global operations and enhancing their technological infrastructure to ensure transparency and data-driven decision-making in clinical trials.

Today, Caidya stands as a testament to the power of strategic mergers and visionary leadership in the biopharmaceutical industry. With a commitment to bringing life-changing therapies to patients worldwide, Caidya continues to push the boundaries of clinical research, driven by a mission to improve patient outcomes through innovative and patient-focused solutions.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2016
Headquarters
Pudong, China
Employees
176
Open positions
None listed
Dealroom signal
72.0/100
Industry
Health, Marketing
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Client focus
b2b
Investment activity
1 company, latest Apr 2021
Capital deployed
—
Preferred round
MERGER

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
MERGEROther financing Apr 2021 $0 — Caidya —
SERIES COther financing Dec 2020 $100M $400M HongShan · E-Fund · Kaiser Permanente · Fidelity Investments —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

DMed website traffic

Latest recorded traffic for DMed is 2.4K monthly website visits, up 224.3% over the last three months. DMed's team grew 3.5% over the past year.

Latest monthly visits2.4K 3-month web change+224.3% 1-year team growth+3.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

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

Series A5 investors entered at this stage

Series B and later4 investors entered at this stage

Other known investors1 additional known investor

  • Caidya
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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
5 countries with
team presence
🇨🇳 China96.3%
🇺🇸 United States0.9%
🇮🇳 India0.9%
🇨🇦 Canada0.9%
🇩🇪 Germany0.9%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about DMed 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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