About MDsquare
MDsquare is a Healthcare company based in Singapore (Singapore) founded in 2016 by Robert Seungjin Hwang and Paul Oh. Blockchain-based telemedicine solution for healthcare professionals. MDsquare has raised $1.92 million across 2 funding rounds from investors including Shinhan Financial Group, BlueMtec and Blue Point Capital Partners. Its chief executive, as recorded, is Paul Oh. Its focus areas include HealthTech, Healthcare IT, Provider and Telemedicine Solutions. Its legal entity is MDSQUARE PTE. LTD. Its competitors include Doctor Anywhere, Good Doctor and WhiteCoat Global; 2 of its 3 listed competitors have raised funding.
Company details
MDsquare was founded in 2016 in Singapore as a provider of blockchain-based telemedicine solutions within the healthcare sector. Doctors worldwide are connected to patients in remote areas through secure video consultations across various medical specialties. Operations focus on facilitating accessible healthcare services globally, leveraging blockchain technology for data integrity and efficiency in telemedicine delivery.
- Total Equity Funding$1.92M (USD)
in 2 rounds
- InvestorsShinhan Financial Group
& 3 more
Funding Insights of MDsquare
MDsquare has successfully raised a total of $1.92M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.92M
- Total Rounds 2
- First Round $1.92M
(Aug 2022)
- Investors Count 4
All 2 funding rounds of MDsquare with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | Seed | – | Blue M Tech | – | |
| Aug 2022 | $1.92M | Seed | – | – |
4 investors in total: 4 institutional.
Investors in MDsquare
MDsquare has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Shinhan Financial Group, BlueMtec and Blue Point Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Blue Point Capital Partners is engaged in private equity investments. | bluepointcapital.com | Cleveland, United States | ||
Financial group | 1982 | shinhangroup.com | Seoul, South Korea | |
Venture capital and private equity investment firm | utc.co.kr | Seoul, South Korea | ||
Provider of prescription medicine AI platform for medical supplies and consumables in the healthcare industry | 2015 | bluemtec.com | Seongnam-si, South Korea |
Investor details for MDsquare
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People of MDsquare
2 people are tracked at MDsquare (2 in leadership).
| Name | Role | Group |
|---|---|---|
Robert Seungjin Hwang | Co-Founder & COO | Leadership |
Paul Oh | Co-Founder & CEO | Leadership |
Complete people profiles for MDsquare
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Timeline of MDsquare
3 dated milestones of MDsquare across 8 years, from founding to its latest funding, stage changes and deals.
- Founded MDsquare is founded.
- Funding First funding round of $1.9M.
- Funding Latest funding round, Seed,.
Competitors of MDsquare
MDsquare has 3 listed competitors in our database, 2 of them funded. They include Doctor Anywhere, Good Doctor and WhiteCoat Global.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| doctoranywhere.com | 2015 | Singapore | $176.39M | Online telemedicine consultations, prescriptions, and health packages are provided. | ||
| gooddoctor.co.id | 2019 | Singapore | $10M | Online doctor consultations are facilitated via a digital platform. | ||
| whitecoat.global | 2018 | Singapore | Offers a platform for telemedicine services to address healthcare needs. |
Detailed competitors of MDsquare
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Related news about Mdsquare
Complete news archive for MDsquare
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Frequently Asked Questions about MDsquare
MDsquare was founded in 2016 and raised its 1st funding round 6 years after it was founded.
MDsquare is headquartered in Singapore, Singapore.
Paul Oh is the CEO of MDsquare, as recorded in our data. They have also founded this company.
MDsquare is a funded company, having raised a total of $1.92M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.92M, raised on Aug 2022.
MDsquare was founded in 2016 in Singapore as a provider of blockchain-based telemedicine solutions within the healthcare sector. Doctors worldwide are connected to patients in remote areas through secure video consultations across various medical specialties. Operations focus on facilitating accessible healthcare services globally, leveraging blockchain technology for data integrity and efficiency in telemedicine delivery.
MDsquare's top competitors include Doctor Anywhere, Good Doctor and WhiteCoat Global.
MDsquare has 4 investors. Key investors include Shinhan Financial Group, BlueMtec, Blue Point Capital Partners, and UTC Investment.
MDsquare operates through Mdsquare Pte. Ltd.