About Medefy
Medefy is a company based in Oklahoma City (United States) founded in 2013. Medefy has raised $17.77 million across 2 funding rounds from investors including Mercury Fund and Advantage Capital. Medefy offers products and services including Medefy App, MedefyRx, and Virtual Care. Medefy operates in a competitive market with competitors including Vitals, DentiCalc, MDTech, Avicennas and Superscript, among others.
- Headquarter Oklahoma City, United States
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Sectors
Healthcare
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Medefy
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$17.77 M (USD)
in 2 rounds
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Latest Funding Round
$15.27 M (USD), Series A
Sep 28, 2023
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Investors
Mercury Fund
& 1 more
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Employee Count
Not available
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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
People of Medefy
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Funding Insights of Medefy
Medefy has successfully raised a total of $17.77M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15.27 million completed in September 2023. 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 Medefy
Medefy has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Mercury Fund and Advantage Capital.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are directed toward US, India, and Canada firms.
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Private equity investment firm
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Investor details for Medefy
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Medefy
Investment portfolio details for Medefy
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Financial Statements - Medefy
Detailed financials for Medefy
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- Historical revenue
- Profit trends
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Medefy Comparisons
Peer comparison for Medefy
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- Named peers
- Headcount comparison
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Competitors of Medefy
Medefy 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 Vitals, DentiCalc, MDTech, Avicennas and Superscript, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online listing platform to find doctors and other medical care setups
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Mobile app providing dental photos, videos, consultation tools, and calculators for professionals.
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Hospital charge capture processing applications are provided by MDTech.
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| Locked | Locked | Locked |
Global health tourism platform that connects patients with the best doctors
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| Locked | Locked | Locked |
Limited information is provided about Superscript's activities.
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Detailed competitors of Medefy
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Latest news on Medefy
Complete news archive for Medefy
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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 2 funding rounds to date.
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's top competitors include Vitals, MDTech and Superscript.
Medefy offers Medefy App, MedefyRx, and Virtual Care.
Medefy has 2 investors. Key investors include Mercury Fund, and Advantage Capital.