About Meddirect
Meddirect is a Healthcare company based in Grand Rapids (United States) founded in 2008, and was acquired by MedData in January 2012. Provider of revenue management and communication platform for healthcare organisations. Meddirect has raised $1.73 million across 2 funding rounds from investors including MedData. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Horizontal and Suite Solutions. Its competitors include Azalea Health, DrFirst and Innovaccer; 3 of its 3 listed competitors have raised funding.
Company details
Meddirect, established in 2008, excels in healthtech, healthcare it, horizontal, and suite solutions. Provider of revenue management and communication platform for healthcare organisations. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Grand Rapids, United States
- Stage Acquired
- SectorsHealthcare
- Website meddirect.net
- Acquired by MedData (Jan 2012)
Funding Insights of Meddirect
Meddirect has successfully raised a total of $1.73M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in October 2012. 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 $1.73M
- Total Rounds 2
- Last Round Seed — $1.5M
- First Round $225,000
(Nov 2009)
All 2 funding rounds of Meddirect with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2012 | $1.5M | Seed | – | – | – |
| Nov 2009 | $225,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Meddirect
Meddirect has secured backing from 1 investor. Prominent investors backing the company include MedData.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RCM and billing services | 1980 | meddata.com | Brecksville, United States |
Investor details for Meddirect
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Meddirect
4 dated milestones of Meddirect across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Meddirect is founded.
- Funding First funding round of $225K.
- Exit Acquired by MedData.
- Funding Latest funding round, Seed, of $1.5M.
Competitors of Meddirect
Meddirect has 3 listed competitors in our database, 3 of them funded. They include Azalea Health, DrFirst and Innovaccer.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| azaleahealth.com | 2008 | Atlanta, United States | $12.31M | 212 | EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers | |
| drfirst.com | 2000 | Rockville, United States | $85.8M | 401 | E-prescription and secure messaging solutions are offered to healthcare providers. | |
| innovaccer.com | 2014 | San Francisco, United States | $675M | 1,125 | Provider of an AI-powered cloud platform for healthcare performance improvement |
Detailed competitors of Meddirect
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Meddirect (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Frequently Asked Questions about Meddirect
Meddirect was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Meddirect is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.
Meddirect is a funded company, having raised a total of $1.73M across 2 funding rounds to date. The company's 1st funding round was a Seed of $225K, raised on Nov 2009.
Meddirect, established in 2008, excels in healthtech, healthcare it, horizontal, and suite solutions. Provider of revenue management and communication platform for healthcare organisations. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Meddirect's top competitors include Innovaccer, DrFirst and Azalea Health.
Meddirect has 1 investor. Key investors include MedData.
Yes. Meddirect was acquired by MedData in January 2012.