About MedApp
MedApp is a company based in Eindhoven (Netherlands) founded in 2015 was acquired by Shop Apotheke in April 2021.. MedApp has raised $1.12 million across 1 funding round from investors including Shop Apotheke and Health Innovations. MedApp offers products and services including MedApp App and Online Pharmacy Service. MedApp operates in a competitive market with competitors including DocMorris, Shop Apotheke, Medsen Apotheek, Everyone.org and Drogisterij, among others.
- Headquarter Eindhoven, Netherlands
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Medapp Holding
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.12 M (USD)
in 1 rounds
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Latest Funding Round
$1.12 M (USD), Seed
Apr 01, 2019
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Investors
Shop Apotheke
& 1 more
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Employee Count
Employee Count
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Acquired by
Shop Apotheke
(Apr 01, 2021)
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Products & Services of MedApp
MedApp offers a comprehensive portfolio of products and services, including MedApp App and Online Pharmacy Service. 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.
App for tracking medications, reminders, and inventory to aid daily health routines.
Service for ordering and home delivery of prescriptions to simplify access.
Funding Insights of MedApp
MedApp has successfully raised a total of $1.12M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.12 million completed in April 2019. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.1M
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First Round
First Round
(01 Apr 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Seed - MedApp | Valuation | Health Innovations |
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| 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 MedApp
MedApp has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Shop Apotheke and Health Innovations. 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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Health Innovations is focused on investing in healthcare improvements.
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Founded Year | Domain | Location | |
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Online pharmacy platform is operated for OTC drug distribution.
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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 MedApp
| 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 - MedApp
| 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 |
Medapp Comparisons
Competitors of MedApp
MedApp 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 DocMorris, Shop Apotheke, Medsen Apotheek, Everyone.org and Drogisterij, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online pharmacy providing pharmacy products and healthcare services
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| domain | founded_year | HQ Location |
Online pharmacy platform is operated for OTC drug distribution.
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| domain | founded_year | HQ Location |
Online pharmacy shop for medical products
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| domain | founded_year | HQ Location |
Global access to medicines and digital skills training is facilitated.
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| domain | founded_year | HQ Location |
Online store focusing on the sale of drugs and other healthcare products
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| 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 MedApp
When was MedApp founded?
MedApp was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is MedApp located?
MedApp is headquartered in Eindhoven, Netherlands. It is registered at Eindhoven, Noord-brabant, Netherlands.
Is MedApp a funded company?
MedApp is a funded company, having raised a total of $1.12M across 1 funding round to date. The company's 1st funding round was a Seed of $1.12M, raised on Apr 01, 2019.
What does MedApp do?
MedApp was founded in 2015 and is based in Eindhoven, Netherlands. Operations are centered in the mobile health sector, where a dedicated application is offered for medicine purchases, intake reminders, restocking alerts, and online ordering. Consultations with pharmacists are facilitated, along with responses to medical inquiries. The platform supports patient management of healthcare needs through digital tools.
Who are the top competitors of MedApp?
MedApp's top competitors include DocMorris, Shop Apotheke and Drogisterij.
What products or services does MedApp offer?
MedApp offers MedApp App and Online Pharmacy Service.
Who are MedApp's investors?
MedApp has 2 investors. Key investors include Shop Apotheke, and Health Innovations.