About Medecipher
Medecipher is a company based in Denver (United States) founded in 2017 by Stephanie Gravenor was acquired by SnapCare in April 2024.. Medecipher has raised $20 thousand across 2 funding rounds from investors including SnapCare, America’s Seed Fund and Boomtown Accelerators. The company has 18 employees as of December 31, 2022. Medecipher offers products and services including FLO Software and FLO Assessment. Medecipher operates in a competitive market with competitors including IntelyCare, NurseGrid, In-House Health, Gale Healthcare and Kwikly, among others.
- Headquarter Denver, United States
- Employees 18 as on 31 Dec, 2022
- Founders Stephanie Gravenor
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Medecipher, Inc.
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Products & Services of Medecipher
Medecipher offers a comprehensive portfolio of products and services, including FLO Software and FLO Assessment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Web-based tool for predicting and optimizing nurse shifts in hospitals
Software for evaluating staffing models and compliance in healthcare
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Funding Insights of Medecipher
Medecipher has successfully raised a total of $20K across 2 strategic funding rounds. The most recent funding activity was a Grant round of $1 million completed in September 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 Funding
- Total Rounds 2
- Last Round Grant — $1.0M
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First Round
First Round
(15 Nov 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Grant - Medecipher | Valuation |
investors |
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| Nov, 2018 | Amount | Seed - Medecipher | Valuation | Boomtown Accelerators |
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| 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 Medecipher
Medecipher has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include SnapCare, America’s Seed Fund and Boomtown Accelerators. 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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Venture capital fund backed by the US Government
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Business accelerator focused on multiple sectors
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AI-enabled healthcare staffing marketplace offering transparent pricing and temporary positions for clinicians
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Medecipher
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 - Medecipher
| 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 |
Medecipher Comparisons
Competitors of Medecipher
Medecipher 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 IntelyCare, NurseGrid, In-House Health, Gale Healthcare and Kwikly, 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 |
Online contract workforce recruitment platform for nurses
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| domain | founded_year | HQ Location |
Cloud-based platform for healthcare staff scheduling and communication is provided.
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| domain | founded_year | HQ Location |
Predictive scheduling platform for nursing teams is provided.
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| domain | founded_year | HQ Location |
Provider of staff schedule solutions for organizations and nurses
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| domain | founded_year | HQ Location |
Provider of dental staffing and scheduling platform for dental professionals and labs
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Medecipher
Frequently Asked Questions about Medecipher
When was Medecipher founded?
Medecipher was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Medecipher located?
Medecipher is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Who is the current CEO of Medecipher?
Stephanie Gravenor is the current CEO of Medecipher. They have also founded this company.
Is Medecipher a funded company?
Medecipher is a funded company, having raised a total of $20K across 2 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Nov 15, 2018.
How many employees does Medecipher have?
As of Dec 31, 2022, the latest employee count at Medecipher is 18.
What does Medecipher do?
Medecipher was founded in 2017 in Denver, United States. Operations center on IT managed services within the healthcare sector. A flagship staffing solution is offered to lower hiring costs, mitigate professional burnout, and enhance patient care. Real-time suggestions are generated to align staffing with demand accurately. Services support efficient resource allocation for healthcare providers.
Who are the top competitors of Medecipher?
Medecipher's top competitors include NurseGrid, IntelyCare and Kwikly.
What products or services does Medecipher offer?
Medecipher offers FLO Software and FLO Assessment.
Who are Medecipher's investors?
Medecipher has 3 investors. Key investors include SnapCare, America’s Seed Fund, and Boomtown Accelerators.
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