About Medibank
Medibank is a company based in Melbourne (Australia) founded in 1976.. The company has 3,600 employees as of June 30, 2025. Medibank has completed 1 acquisition, including Ahm Health Insurance. Medibank offers products and services including Health Insurance, Travel Insurance, and Pet Insurance. Medibank operates in a competitive market with competitors including National Australia Bank, CommBank, Investec, Scotiabank and Macquarie Group, among others.
- Headquarter Melbourne, Australia
- Employees 3600 as on 30 Jun, 2025
- Stage Public
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Medibank Private Limited
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Annual Revenue
$5.57 B (USD)6.37as on Jun 30, 2025
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Net Profit
$327.02 M (USD)1.69as on Jun 30, 2025
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
3600
as on Jun 30, 2025
- Investments & Acquisitions
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IPO & Listings of Medibank
Medibank is a publicly listed company on the ASX with ticker symbol MPL in Australia, operating in the Finance 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.
Products & Services of Medibank
Medibank offers a comprehensive portfolio of products and services, including Health Insurance, Travel Insurance, and Pet Insurance. 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.
Provides hospital and extras coverage for medical needs.
Offers protection for trips and emergencies abroad.
Insures pets against veterinary costs and health issues.
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Software Development Team
40 people
Sales and Marketing
33 people
Leadership Team
23 people
Head Team
20 people
Senior Team
19 people
Finance and Accounting
15 people
Data Analysis and Operations Team
15 people
Human Resources and Administration
13 people
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Funding Insights of Medibank
| 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 |
Investments & Acquisitions by Medibank
Medibank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ahm Health Insurance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online insurances for health, life, pet, and travel are offered.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Medibank
| 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 |
Medibank Comparisons
Competitors of Medibank
Medibank 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 National Australia Bank, CommBank, Investec, Scotiabank and Macquarie Group, 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 |
Banking and financial services are provided to consumers and businesses.
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Retail, business, and institutional banking services are offered in Australia.
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Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
A global financial services organization with Australian heritage is operated.
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| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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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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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 Medibank
Frequently Asked Questions about Medibank
When was Medibank founded?
Medibank was founded in 1976.
Where is Medibank located?
Medibank is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
How many employees does Medibank have?
As of Jun 30, 2025, the latest employee count at Medibank is 3,600.
What is the annual revenue of Medibank?
Annual revenue of Medibank is $5.57B as on Jun 30, 2025.
What does Medibank do?
Medibank was founded in 1976 and is headquartered in Melbourne, Australia. Operations are focused on the insurance sector, where health, travel, and life insurance products are offered to customers across the country. Services include coverage for medical expenses, international trips, and personal protection policies. The company manages policies through digital platforms and physical branches, serving primarily the Australian market with an emphasis on regulatory compliance and customer support.
Who are the top competitors of Medibank?
Medibank's top competitors include Investec, National Australia Bank and Scotiabank.
What products or services does Medibank offer?
Medibank offers Health Insurance, Travel Insurance, and Pet Insurance.
Is Medibank publicly traded?
Yes, Medibank is publicly traded on ASX under the ticker symbol MPL.
How many acquisitions has Medibank made?
Medibank has made 1 acquisition, including Ahm Health Insurance.
What is Medibank's ticker symbol?
The ticker symbol of Medibank is MPL on ASX.