About Meddy
Meddy is a company based in Doha (Qatar) founded in 2015 was acquired by Helium Health in November 2021.. Meddy has raised $2.5 million across 3 funding rounds from investors including Helium Health, Modus Capital and 212. Meddy operates in a competitive market with competitors including Okadoc, DoctorUna, Avey, Healthigo and Duski, among others.
- Headquarter Doha, Qatar
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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
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.5 M (USD)
in 3 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Oct 27, 2019
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Investors
Helium Health
& 7 more
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Employee Count
Employee Count
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Acquired by
Helium Health
(Nov 11, 2021)
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Funding Insights of Meddy
Meddy has successfully raised a total of $2.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in October 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 3
- Last Round Series A — $2.5M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series A - Meddy | Valuation | Modus Capital | |
| Dec, 2018 | Amount | Seed - Meddy | Valuation |
investors |
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| Nov, 2016 | Amount | Seed - Meddy | Valuation | VentureSouq |
|
| 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 Meddy
Meddy has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Helium Health, Modus Capital and 212. 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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Investments are directed by Modus Capital toward high-growth potential companies.
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Founded Year | Domain | Location | |
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Startups at all stages are invested in by 212 VC.
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Founded Year | Domain | Location | |
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A technology park focused on fostering innovation and research in Qatar.
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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 Meddy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
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 - Meddy
| 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 |
Meddy Comparisons
Competitors of Meddy
Meddy 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 Okadoc, DoctorUna, Avey, Healthigo and Duski, 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 |
Doctor appointments are booked via an online platform.
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| domain | founded_year | HQ Location |
Offers an online platform for booking doctor appointments.
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| domain | founded_year | HQ Location |
Offers AI-based digital solutions for self-diagnosis of diseases.
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| domain | founded_year | HQ Location |
Healthigo provides an efficient platform for appointment booking and patient engagement in healthcare.
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| domain | founded_year | HQ Location |
Facilitates online booking of doctor appointments for convenient healthcare access.
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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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Latest news on Meddy
Frequently Asked Questions about Meddy
When was Meddy founded?
Meddy was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Meddy located?
Meddy is headquartered in Doha, Qatar.
Is Meddy a funded company?
Meddy is a funded company, having raised a total of $2.5M across 3 funding rounds to date.
What does Meddy do?
Meddy was founded in 2015 in Doha, Qatar, within the healthcare technology sector. An online platform is operated to facilitate doctors appointment bookings. Doctors are listed according to user-selected locations or specialties, allowing details to be reviewed. Appointments for consultations are scheduled through the service, covering areas such as skin care, eye diseases, heart health, dental care, and additional medical fields. Operations focus on streamlining access to healthcare providers.
Who are Meddy's investors?
Meddy has 8 investors. Key investors include Helium Health, Modus Capital, 212, Qatar Science & Technology Park, and Kasamar Holdings.
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