MedAware

Stamford, United States Founded: 2012 • Age: 14 yrs
Provider of an AI based medication dosage and safety managing software for healthcare professionals
Annual revenue - Latest available
Total funding $9.0M 6 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About MedAware

MedAware is a company based in Stamford (United States) founded in 2012 by Eytan Ruppin. MedAware has raised $9 million across 6 funding rounds from investors including OurCrowd, General Electric and BD. MedAware offers products and services including Medication Safety Platform and AI Engine. MedAware operates in a competitive market with competitors including AccuRx, Pyrls, YouScript, Ameritox and Bainbridge Health, among others.

  • Headquarter Stamford, United States
  • Founders Eytan Ruppin
  • Sectors
    Healthcare
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  • Phone
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  • Website
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $9 M (USD)

    in 6 rounds

  • Latest Funding Round
    $8 M (USD), Series A

    Aug 16, 2017

  • Investors
    OurCrowd

    & 9 more

  • Employee Count
    Not available
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Products & Services of MedAware

MedAware offers a comprehensive portfolio of products and services, including Medication Safety Platform and AI Engine.

Product name locked
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Primary

AI tool that detects and prevents medication risks in healthcare.

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Engine for analyzing health data to identify patient risks.

Funding Insights of MedAware

MedAware has successfully raised a total of $9M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in August 2017. 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.

Investors in MedAware

MedAware has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include OurCrowd, General Electric and BD.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
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Startup accelerator
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Investor details for MedAware

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Investments & Acquisitions by MedAware

Investments
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Investment portfolio details for MedAware

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Financial Statements - MedAware

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Detailed financials for MedAware

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Medaware Comparisons

MedAware Primary company
Description
Provider of an AI based medication dosage and safety managin...
Location
Stamford, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MedAware

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Competitors of MedAware

MedAware 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 AccuRx, Pyrls, YouScript, Ameritox and Bainbridge Health, among others.

Company Name Domain Founded year HQ Location Description
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Platform to increase antibiotic prescribing accuracy in primary care
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Cloud-based practical drug information platform for providers
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Clinical decision support software for drug interactions is developed.
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Pain medication monitoring solutions are provided for US clinicians.
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Provider of a clinical intelligence data analytics platform to monitor patient safety and reduce medication errors
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Detailed competitors of MedAware

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Latest news on Medaware

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Complete news archive for MedAware

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Frequently Asked Questions about MedAware

MedAware was founded in 2012 and raised its 1st funding round 2 years after it was founded.

MedAware is headquartered in Stamford, United States. It is registered at Stamford, Connecticut, United States.

MedAware is a funded company, having raised a total of $9M across 6 funding rounds to date.

MedAware offers an AI-based medication dosage and safety managing software for healthcare professionals. The platform uses big data analytics and machine learning algorithms to analyze large-scale data of EMRs, to learn automatically how physicians treat patients in real-life scenarios. Prescriptions largely deviating from the spectrum of standard treatment patterns are flagged as potential errors. The company also offers MedAware Risk Management, MedAware Quality Control, and MedAware Reducing Alert Fatigue decision support tool helping clinicians, hospitals in improving patient safety and healthcare quality. It acts as a pateint safety platform as it provides safety precautions for patients medication.

MedAware's top competitors include AccuRx, Pyrls and YouScript.

MedAware offers Medication Safety Platform and AI Engine.

MedAware has 10 investors. Key investors include OurCrowd, General Electric, BD, European Union, and Israel Innovation Authority.

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