About Medefy
Medefy is a Healthcare company based in Oklahoma City (United States) founded in 2013. Provider of a software tool and mobile app that brings price transparency to healthcare. Medefy has raised $17.77 million across 3 funding rounds from investors including Mercury Fund, Advantage Capital and Plains Ventures. Medefy offers products and services including Medefy App, MedefyRx, and Virtual Care. Its focus areas include HealthTech, Healthcare IT, Horizontal and Price Transparency. Its competitors include Vitals, DentiCalc and MDTech; 1 of its 3 listed competitors has raised funding.
Company details
Medefy was founded in 2013 in Oklahoma City, United States, within the healthcare technology sector. A software tool and mobile app are provided to reveal costs of medical procedures and doctors within a companys provider network for employees. Coverage details and interactions with specific benefit packages are displayed, enabling informed decisions on healthcare expenses.
- Headquarters Oklahoma City, United States
- SectorsHealthcare
- Website medefy.com
- Social LinkedIn X Facebook Instagram
- Legal Name Medefy
- Total Equity Funding$17.77M (USD)
in 3 rounds
- InvestorsMercury Fund
& 2 more
Products & Services of Medefy
Medefy offers a comprehensive portfolio of products and services, including Medefy App, MedefyRx, and Virtual Care.
Centralizes health benefits info for viewing and guidance services
Ensures lowest-cost medications without unexpected fees
Provides on-demand virtual health support for users
Apps and channels of Medefy
Medefy publishes 2 mobile apps with over 5K+ downloads.
Funding Insights of Medefy
Medefy has successfully raised a total of $17.77M across 3 strategic funding rounds. 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 $17.77M
- Total Rounds 3
- First Round $2.5M
(May 2021)
- Investors Count 3
All 3 funding rounds of Medefy 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 |
|---|---|---|---|---|---|
| Jan 2024 | Series A | – | – | ||
| Sep 2023 | $15.27M | Series A | – | Mercury Fund | |
| May 2021 | $2.5M | Series A | – | – | – |
3 investors in total: 3 institutional.
Investors in Medefy
Medefy has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Mercury Fund, Advantage Capital and Plains Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are directed toward US, India, and Canada firms. | mercuryfund.com | Houston, United States | ||
Private equity investment firm | advantagecap.com | New Orleans, United States | ||
| plainsvc.com |
Investor details for Medefy
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.
People of Medefy
11 people are tracked at Medefy (4 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Melissa Lockhart, SHRM-CP, SPHR | Director of Human Resources | Leadership |
Nathan Gilchrist | Co-founder And Chief Product Officer | Leadership |
Matt Scovil | Co-founder & CEO | Leadership |
Melissa Nance | Vice President Operations | Leadership |
Christy (Ferguson) Mahnken | Manager Of Customer Success & Implementation | Team |
Hailey Caldwell | Product Designer | Team |
Drew Wright | Senior Marketing Specialist | Team |
Mona Jenkins, ACP | Legal and Corporate Compliance | Team |
Keiko Ward | Sales Executive | Team |
Corey Miller | Sales Development Manager | Team |
Haley Sullivan | Sales Executive | Team |
Complete people profiles for Medefy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Medefy
3 dated milestones of Medefy across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Medefy is founded.
- Funding First funding round of $2.5M.
- Funding Latest funding round, Series A,.
Competitors of Medefy
Medefy has 3 listed competitors in our database, 1 of them funded. They include Vitals, DentiCalc and MDTech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vitals.com | 2007 | Lyndhurst, United States | $87.16M | Online listing platform to find doctors and other medical care setups | ||
| denticalc.com | 2017 | San Jose, United States | Mobile app providing dental photos, videos, consultation tools, and calculators for professionals. | |||
| mdtech.com | 1999 | Houston, United States | 10 | Hospital charge capture processing applications are provided by MDTech. |
Detailed competitors of Medefy
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.
Web traffic of Medefy
The website of Medefy (medefy.com) receives about 9.6K visits a month.
- Monthly visits9.6K
▲ 98.8% vs previous month
Websites whose visitors overlap most with Medefy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mct-trading.com | mct-trading.com | 100% | #3,266,747 | – |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Medefy (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 Medefy
Medefy was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Medefy is headquartered in Oklahoma City, United States. It is registered at Oklahoma City, Oklahoma, United States.
Medefy is a funded company, having raised a total of $17.77M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on May 2021.
Medefy was founded in 2013 in Oklahoma City, United States, within the healthcare technology sector. A software tool and mobile app are provided to reveal costs of medical procedures and doctors within a companys provider network for employees. Coverage details and interactions with specific benefit packages are displayed, enabling informed decisions on healthcare expenses.
Medefy offers Medefy App, MedefyRx, and Virtual Care.
Medefy has 3 investors. Key investors include Mercury Fund, Advantage Capital, and Plains Ventures.
Medefy operates through Medefy.
Yes. Medefy publishes Medefy and 1 more app, with over 5,000 downloads.