About MedEye
MedEye is a company founded in 2010 by Ivar Helgason and Gauti Reynisson.. MedEye has raised $12.01 million across 2 funding rounds from investors including Life Sciences Partners, BOM and Seventure Partners. MedEye offers products and services including MedEye Nurse, MedEye Patient, and MedEye Clinician. MedEye operates in a competitive market with competitors including Assurex Health, Ivenix, Hygieia, Vitagene and InsightRx, among others.
- Founders Ivar Helgason, Gauti Reynisson
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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
$12.01 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series B
Aug 25, 2016
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Investors
Life Sciences Partners
& 3 more
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Employee Count
Employee Count
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Products & Services of MedEye
MedEye offers a comprehensive portfolio of products and services, including MedEye Nurse, MedEye Patient, and MedEye Clinician. 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.
Assists nurses in verifying and registering medications at bedside.
Educates patients on medications and tracks self-administrations.
Offers data on medication administration patterns for analysis.
Funding Insights of MedEye
MedEye has successfully raised a total of $12.01M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in August 2016. 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 Series B — $6.0M
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First Round
First Round
(08 Jul 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2016 | Amount | Series B - MedEye | Valuation | BOM , Life Sciences Partners | |
| Jul, 2014 | Amount | Series A - MedEye | Valuation | Life Sciences Partners , Seventure Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 MedEye
MedEye has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Life Sciences Partners, BOM and Seventure Partners. 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 BOM toward early and growth-stage firms.
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Private equity investments in life sciences businesses are managed.
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Tech & Life Sciences focused stage agnostic VC firm investing in Europe, Asia & the US
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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 MedEye
| 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 - MedEye
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Medeye Comparisons
Competitors of MedEye
MedEye 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 Assurex Health, Ivenix, Hygieia, Vitagene and InsightRx, 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 |
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| domain | founded_year | HQ Location |
Personalized medication for neuropsychiatric conditions is guided by pharmacogenomics.
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| domain | founded_year | HQ Location |
Infusion management systems are developed with wireless web-based architecture.
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Insulin dosage guidance for diabetes is provided via handheld devices.
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| domain | founded_year | HQ Location |
Personalized supplement recommendations are generated from genomic and health data.
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| domain | founded_year | HQ Location |
Precision dosing is optimized via machine learning and patient data.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Medeye
Frequently Asked Questions about MedEye
When was MedEye founded?
MedEye was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Who is the current CEO of MedEye?
Gauti Reynisson is the current CEO of MedEye. They have also founded this company.
Is MedEye a funded company?
MedEye is a funded company, having raised a total of $12.01M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.01M, raised on Jul 08, 2014.
What does MedEye do?
MedEye was established in 2010 as an online platform in the healthcare sector, specializing in medication safety for hospitals. Proprietary modules are utilized to verify medications at the bedside, prevent administration errors, and support patient education. The MedEye Nurse module facilitates scanning and workflow optimization for nurses, while MedEye Patient delivers medication information to users, and MedEye Clinician offers data insights on dispensed and administered drugs.
Who are the top competitors of MedEye?
MedEye's top competitors include Assurex Health, Ivenix and DoseMe.
What products or services does MedEye offer?
MedEye offers MedEye Nurse, MedEye Patient, and MedEye Clinician.
Who are MedEye's investors?
MedEye has 4 investors. Key investors include Life Sciences Partners, BOM, Seventure Partners, and Nýsköpunarsjóðurinn Kría.