About Better Medical
Better Medical is a company based in Adelaide (Australia) founded in 2015. It operates as a Managed Services. Better Medical offers products and services including General Practitioner Support, Registrar Training Program, and Allied Health Services. Better Medical operates in a competitive market with competitors including Healius, Imaging Associates, SmartClinics, Ochre Health and Myhealth, among others.
- Headquarter Adelaide, Australia
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Hills Medical Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Products & Services of Better Medical
Better Medical offers a comprehensive portfolio of products and services, including General Practitioner Support, Registrar Training Program, and Allied Health Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Support is provided to GPs for quality care delivery.
Training is offered to registrars exceeding standard requirements.
Specialized care is delivered by allied health professionals.
Funding Insights of Better Medical
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2020 | Amount | Seed - Better Medical | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Better Medical
Better Medical has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Livingbridge. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Livingbridge is engaged in mid-market private equity investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Better Medical
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Better Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Better Medical Comparisons
Competitors of Better Medical
Better Medical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Healius, Imaging Associates, SmartClinics, Ochre Health and Myhealth, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
A chain of general clinics is operated across Australia.
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Chain of general clinics
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| domain | founded_year | HQ Location |
Network of family medical centers providing primary healthcare services. These centers offer a wide array of services, including general healthcare, women's health, children's health, men's health, minor surgery, and specialized services such as allied health and travel clinics. Doctors are highly qualified general practitioners skilled in various primary care areas, treating patients of all ages. The centers prioritize building strong patient-doctor relationships and utilize a comprehensive approach to diagnosis and treatment. Allied health professionals also consult within the clinics. Each center may have varying fee structures depending on appointment length and doctor. Many doctors offer discounted fees for children and pensioners. Clinics provide convenient locations with free parking. After-hours medical care is available through the network. The network is supported by a dedicated support office handling administrative functions.
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A chain of general clinics is operated in Australia.
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Chain of medical centers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Better Medical
When was Better Medical founded?
Better Medical was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is Better Medical located?
Better Medical is headquartered in Adelaide, Australia. It is registered at Adelaide, South Australia, Australia.
What does Better Medical do?
Better Medical is involved in operating high-quality general practices across Australia, focusing on primary health care. Support is provided to general practitioners through business expertise, clinical autonomy, and management services in IT, marketing, HR, and finance. Practices are locally managed, regionally connected, and centrally supported to ensure high-quality care delivery to patients and communities. The company also offers training programs for registrars, opportunities for international doctors, and roles for nurses, admin staff, and allied health professionals in various regions including South Australia, Queensland, Victoria, and Tasmania.
Who are the top competitors of Better Medical?
Better Medical's top competitors include Imaging Associates, Healius and SmartClinics.
What products or services does Better Medical offer?
Better Medical offers General Practitioner Support, Registrar Training Program, and Allied Health Services.
Who are Better Medical's investors?
Better Medical has 1 investor. Key investors include Livingbridge.