About MEDA
MEDA is a company based in United States founded in 1953.. MEDA offers products and services including Economic Development Services and Investment Funds.
- Headquarter United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mennonite Economic Development Associates
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$150 K (USD), Grant
Jul 13, 2020
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Investors
USAID
& 1 more
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Employee Count
Employee Count
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Products & Services of MEDA
MEDA offers a comprehensive portfolio of products and services, including Economic Development Services and Investment Funds. 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.
Business solutions are provided to support entrepreneurs and alleviate poverty through various development initiatives
Investment funds are managed to promote SME growth and financial strategies in different regions
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Finance and Accounting
12 people
Software Development Team
11 people
Human Resources and Administration
7 people
Leadership Team
5 people
Sales and Marketing
3 people
Product Management Team
1 people
Program Team
1 people
Manager Team
1 people
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Funding Insights of MEDA
- Total Funding Total Funding
- Total Rounds 6
- Last Round Grant — $149,999
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First Round
First Round
(13 Jan 2006)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Grant - MEDA | Valuation |
investors |
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| Oct, 2009 | Amount | Grant - MEDA | Valuation |
investors |
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| Apr, 2009 | Amount | Grant - MEDA | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 MEDA
MEDA has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include USAID and HUD Exchange. 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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Resources and assistance are provided to HUD's community partners.
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Founded Year | Domain | Location | |
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Global poverty and development are addressed through USAID initiatives.
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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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Founded Year | Domain | Location | |
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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 MEDA
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - MEDA
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Meda Comparisons
Competitors of MEDA
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 MEDA
When was MEDA founded?
MEDA was founded in 1953 and raised its 1st funding round 53 years after it was founded.
Where is MEDA located?
MEDA is headquartered in United States.
Who is the current CEO of MEDA?
Dorothy Nyambi is the current CEO of MEDA.
What does MEDA do?
The firm was founded in 1953 in the United States as a venture capital entity. Emphasis is placed on impact investments that address social and economic development. Operations involve funding startups and enterprises in sectors like agriculture, health, and education. Services include equity investments and advisory support, primarily targeting emerging markets. Leadership is held by a board and executives, including the CEO President and managing directors.
What products or services does MEDA offer?
MEDA offers Economic Development Services and Investment Funds.
Who are MEDA's investors?
MEDA has 2 investors. Key investors include USAID, and HUD Exchange.
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