MedCompli

Gainesville, United States Founded: 2017 • Age: 9 yrs Acquired By MediSpend
Cloud-based platform for risk and compliance management is utilized.
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About MedCompli

MedCompli is a company based in Gainesville (United States) founded in 2017 by Christopher Gingras was acquired by MediSpend in May 2024.. MedCompli has raised $100 thousand across 1 funding round from investors including MediSpend and Entrepreneurs Roundtable Accelerator. MedCompli operates in a competitive market with competitors including Symplr, Accushield, Intraprise Health, Digital Harbor and MedHOK, among others.

  • Headquarter Gainesville, United States
  • Founders Christopher Gingras
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $100 K (USD)

    in 1 rounds

  • Latest Funding Round
    $100 K (USD), Seed

    Jun 28, 2021

  • Investors
    MediSpend

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    MediSpend

    (May 22, 2024)

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Funding Insights of MedCompli

MedCompli has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in June 2021. 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 Rounds 1
  • Last Round Seed — $100,000
  • First Round

    (28 Jun 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Seed - MedCompli Valuation Entrepreneurs Roundtable Accelerator
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in MedCompli

MedCompli has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include MediSpend and Entrepreneurs Roundtable Accelerator. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Startups are accelerated in fintech, SaaS, climate, and various sectors.
Founded Year Domain Location
Compliance software is offered for life sciences spend analytics.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MedCompli

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MedCompli

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Medcompli Comparisons

Employees
+
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Competitors of MedCompli

MedCompli 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 Symplr, Accushield, Intraprise Health, Digital Harbor and MedHOK, 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
Cloud-based administrative solutions for healthcare credentialing and compliance are offered.
domain founded_year HQ Location
Third-party risk management solutions are offered for healthcare compliance.
domain founded_year HQ Location
Patient engagement and care coordination solution for healthcare providers
domain founded_year HQ Location
Compliance and risk management solutions are provided for fraud prevention.
domain founded_year HQ Location
Software platforms for health plan care management and compliance.
domain founded_year HQ Location
Provides a digital tool for managing clinical administrative tasks efficiently.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Medcompli

Frequently Asked Questions about MedCompli

When was MedCompli founded?

MedCompli was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is MedCompli located?

MedCompli is headquartered in Gainesville, United States.

Is MedCompli a funded company?

MedCompli is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Jun 28, 2021.

What does MedCompli do?

Cloud based risk and compliance management platform. It helps an organization to reduce risk, enhance controls and streamline compliance requirements. Follows a modular system with modules including request hub, work plan, due diligence, trekker tracker, training tracker, HCP portal, user management, and sanction screening. Also provides CompliLine, which is an anonymous compliance hotline for risk mitigation that allows employees, customers, or third parties to raise compliance or ethical concerns. The product is available on an annual subscription basis.

Who are the top competitors of MedCompli?

MedCompli's top competitors include Symplr, Intraprise Health and Accushield.

Who are MedCompli's investors?

MedCompli has 2 investors. Key investors include MediSpend, and Entrepreneurs Roundtable Accelerator.

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