Median

Valbonne, France Founded: 2002 • Age: 24 yrs
Medical imaging software and services are provided for clinical trials.
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About Median

Median is a company based in Valbonne (France) founded in 2002 by Fredrik Brag.. Median has raised $5.28 million across 4 funding rounds from investors including Idinvest Partners, Abingworth and NEA. Median offers products and services including eyonis, iCRO, and Imaging Lab. Median operates in a competitive market with competitors including Change Healthcare, AIdoc, HeartFlow, Cleerly and eCential Robotics, among others.

  • Headquarter Valbonne, France
  • Founders Fredrik Brag
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Median Technologies
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $23.84 M (USD)
    3.25
    as on Dec 31, 2024
  • Net Profit
    $-26.22 M (USD)
    -9.83
    as on Dec 31, 2024
  • EBITDA
    $-21.28 M (USD)
    5.97
    as on Dec 31, 2024
  • Total Equity Funding
    $5.28 M (USD)

    in 4 rounds

  • Latest Funding Round
    $33.15 M (USD), Post-IPO

    Mar 26, 2021

  • Investors
  • Employee Count
    Employee Count
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IPO & Listings of Median

Median is a publicly listed company on the EURONEXT with ticker symbol ALMDT in France, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: EURONEXT · Ticker: ALMDT . Sector: Health services · France

Products & Services of Median

Median offers a comprehensive portfolio of products and services, including eyonis, iCRO, and Imaging Lab. 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.

Primary

AI tool for early detection of lung and liver cancer through image analysis.

Provides oncology trial imaging to accelerate cancer treatment development.

Generates AI-powered data for biopharma drug efficacy and patient selection.

People of Median
Headcount 50-200
Employee Profiles 7
Board Members and Advisors 4
Employee Profiles
People
Chris Nobels
Chief Technology Officer
People
Jean-Marc Lorenzo
Sales Director - Strategic Investigator Network
People
Fredrik Brag
CEO & Co-founder, Director
People
Jean-Christophe Montigny
Chief Financial Officer

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Board Members and Advisors
people
Oran Muduroglu
Executive Chairman

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Funding Insights of Median

Median has successfully raised a total of $5.28M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $33.15 million completed in March 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 Rounds 4
  • Last Round Post-IPO — $33.2M
  • First Round

    (22 Nov 2004)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2021 Amount Post-IPO - Median Valuation

investors

Jul, 2015 Amount Post-IPO - Median Valuation

investors

Aug, 2014 Amount Post-IPO - Median Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Median

Median has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Idinvest Partners, Abingworth and NEA. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Early stage venture capital firm investing in US
Founded Year Domain Location
Venture capital investments are offered to startups by NEA.
Founded Year Domain Location
Venture capital firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Median

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Median

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Median Comparisons

Employees
+
Add Comparison
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Competitors of Median

Median 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 Change Healthcare, AIdoc, HeartFlow, Cleerly and eCential Robotics, 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
Cloud-based solutions are delivered for healthcare payers, providers, and patients.
domain founded_year HQ Location
AI-based single-screen system is provided to streamline medical imaging.
domain founded_year HQ Location
Cardiovascular diagnostics are provided using CT scans and analytics.
domain founded_year HQ Location
Atherosclerotic plaque is quantified by AI using coronary CT angiograms.
domain founded_year HQ Location
Robotic surgery platform for bone procedures is developed.
domain founded_year HQ Location
Provider of AI-based solution for diagnosis of cancer related lesions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Median

Frequently Asked Questions about Median

When was Median founded?

Median was founded in 2002 and raised its 1st funding round 2 years after it was founded.

Where is Median located?

Median is headquartered in Valbonne, France. It is registered at Valbonne, Provence-alpes-cote D'azur, France.

Who is the current CEO of Median?

Fredrik Brag is the current CEO of Median. They have also founded this company.

Is Median a funded company?

Median is a funded company, having raised a total of $5.28M across 4 funding rounds to date. The company's 1st funding round was a Post-IPO of $26.4M, raised on Nov 22, 2004.

What is the annual revenue of Median?

Annual revenue of Median is $23.84M as on Dec 31, 2024.

What does Median do?

Median was founded in 2002 in Valbonne, France, by Fredrik Brag. Medical imaging software and services are offered for clinical trials in the healthcare sector. Operations focus on SaaS-based Lesion Management Solutions (LMS), which detect, evaluate, and track lesions in CT scans through automatic and semi-automatic processes. Drug development and patient care markets are served. Cancer cells are identified via computer-aided detection technology.

Who are the top competitors of Median?

Median's top competitors include Change Healthcare, AIdoc and eCential Robotics.

What products or services does Median offer?

Median offers eyonis, iCRO, and Imaging Lab.

Is Median publicly traded?

Yes, Median is publicly traded on EURONEXT under the ticker symbol ALMDT.

Who are Median's investors?

Median has 6 investors. Key investors include Idinvest Partners, Abingworth, NEA, Omega Funds, and DFJ.

What is Median's ticker symbol?

The ticker symbol of Median is ALMDT on EURONEXT.

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