Med-Compliance IQ

Powell, United States Founded: 2015 • Age: 11 yrs
Wound images are captured, analyzed, and stored via mobile app.
Annual revenue - Latest available
Total funding $555,016 5 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Med-Compliance IQ

Med-Compliance IQ is a company based in Powell (United States) founded in 2015. Med-Compliance IQ has raised $555.02 thousand across 5 funding rounds from investors including HHS and Ohio Department of Development. Med-Compliance IQ offers products and services including WoundWiseIQ App and Image Analytics Tool. Med-Compliance IQ operates in a competitive market with competitors including Change Healthcare, AIdoc, Cleerly, eCential Robotics and AI Medical Service, among others.

  • Headquarter Powell, United States
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Med-Compliance Iq, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
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
    $555.02 K (USD)

    in 5 rounds

  • Latest Funding Round
    $225 K (USD), Grant

    May 16, 2018

  • Investors
    HHS

    & 1 more

  • Employee Count
    Not available
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Products & Services of Med-Compliance IQ

Med-Compliance IQ offers a comprehensive portfolio of products and services, including WoundWiseIQ App and Image Analytics Tool.

Product name locked
Category locked
Primary

Mobile application for capturing and analyzing wound images accurately.

Product name locked
Category locked
Locked

Patented algorithms for precise wound area calculation and trending.

People of Med-Compliance IQ

Headcount 1-10
Employee Profiles 3
Employee Profiles
People
Nathan Romano
Interim Vice President
People
Gary Ross (MBA)
Co-founder, CEO And Board Chair

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Teams

Funding Insights of Med-Compliance IQ

Med-Compliance IQ has successfully raised a total of $555.02K across 5 strategic funding rounds. The most recent funding activity was a Grant round of $225 thousand completed in May 2018. 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 Med-Compliance IQ

Med-Compliance IQ has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and Ohio Department of Development.

All
Institutional
Investor Description Founded Year Domain Location
Public health and human services are overseen by HHS.
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Economic development services for Ohio businesses are provided.
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Investor details for Med-Compliance IQ

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Investments & Acquisitions by Med-Compliance IQ

Investments
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Investment portfolio details for Med-Compliance IQ

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Financial Statements - Med-Compliance IQ

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Detailed financials for Med-Compliance IQ

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Med-Compliance Iq Comparisons

Med-Compliance IQ Primary company
Description
Wound images are captured, analyzed, and stored via mobile a...
Location
Powell, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Med-Compliance IQ

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Competitors of Med-Compliance IQ

Med-Compliance IQ 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 Change Healthcare, AIdoc, Cleerly, eCential Robotics and AI Medical Service, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based solutions are delivered for healthcare payers, providers, and patients.
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AI-based single-screen system is provided to streamline medical imaging.
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Atherosclerotic plaque is quantified by AI using coronary CT angiograms.
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Robotic surgery platform for bone procedures is developed.
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Provider of AI-based solution for diagnosis of cancer related lesions
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AI-guided software is utilized to automate MRI exams for clinicians.
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Detailed competitors of Med-Compliance IQ

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Latest news on Med-Compliance Iq

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Complete news archive for Med-Compliance IQ

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Frequently Asked Questions about Med-Compliance IQ

Med-Compliance IQ was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Med-Compliance IQ is headquartered in Powell, United States. It is registered at Powell, Wyoming, United States.

Med-Compliance IQ is a funded company, having raised a total of $555.02K across 5 funding rounds to date.

Med-Compliance IQ is focussed on developing compliance software solutions for health care companies. As of Sep 2017, it is starting first with the commercialization of patent-pending HIPPA-compliant mobile application called WoundWise IQ. The app can be used to capture the perimeter and planimetric characteristics of the wound and it has inbuilt algorithms that analyze the data and report the results. It also adds the new information to the patients record and feeds into a cloud-based provider, decision support system that is also part of the app.

Med-Compliance IQ's top competitors include Change Healthcare, AIdoc and eCential Robotics.

Med-Compliance IQ offers WoundWiseIQ App and Image Analytics Tool.

Med-Compliance IQ has 2 investors. Key investors include HHS, and Ohio Department of Development.

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