About Medica
Medica is a company based in Hastings (United Kingdom) founded in 2004 was acquired by IK Partners in April 2023. It operates as a Managed Services. The company has 306 employees as of December 31, 2021. Medica has completed 4 acquisitions, including Global Diagnostics, Moonlight Bidco and RadMD. Medica offers products and services including Teleradiology and Telepathology. Medica operates in a competitive market with competitors including 5C Network, vRad, Telemedicine Clinic, Rology and TeleradTech, among others.
- Headquarter Hastings, United Kingdom
- Employees 306 as on 31 Dec, 2021
- Stage Public
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Medica Reporting Ltd. / Medica Group Ltd.
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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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Latest Funding Round
$22.16 M (USD), Post-IPO
Mar 23, 2021
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Investors
Investec
& 2 more
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Employee Count
306
as on Dec 31, 2021
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Investments & Acquisitions
Global Diagnostics
& 3 more
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Acquired by
IK Partners
(Apr 24, 2023)
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Products & Services of Medica
Medica offers a comprehensive portfolio of products and services, including Teleradiology and Telepathology.
Remote radiology reporting services are provided for diagnostics.
Digital pathology services are offered for diagnostic analysis.
People of Medica
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Leadership Team
2 people
Software Development Team
1 people
Network Team
1 people
Project Team
1 people
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Funding Insights of Medica
Investors in Medica
Medica has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Investec, IK Partners and Panmure Liberum.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward small and medium-sized businesses.
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Global banking, investment, and wealth management services are offered worldwide.
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Panmure Liberum is recognized as a leading UK investment bank.
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Investor details for Medica
Investor domains, locations, round participation, and complete history require an active premium plan.
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Medica
Medica has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Global Diagnostics, Moonlight Bidco and RadMD.
Investment portfolio details for Medica
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Imaging solutions for clinical trials are developed and analyzed.
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Locked | Locked | 2006 | Locked | |
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Authorization access for imaging, cardiac, and specialty procedures is provided.
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Locked | Locked | 1999 | Locked | |
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Radiology services are provided by Global Diagnostics in Ireland.
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Locked | Locked | 1995 | Locked |
Complete acquisition details for Medica
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Medica
Detailed financials for Medica
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
- Statement rows
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Medica Comparisons
Peer comparison for Medica
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- Named peers
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Competitors of Medica
Medica 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 5C Network, vRad, Telemedicine Clinic, Rology and TeleradTech, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-powered solutions for medical imaging and radiology reporting are provided.
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Provider of an AI-based software solution for radiology image analysis and teleradiology services
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Teleradiology reporting services are provided to European hospitals.
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AI-based teleradiology platform is provided for radiologists' online consultations.
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Cloud-based radiology workflow solutions with PACS integration are offered.
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Detailed competitors of Medica
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Latest news on Medica
Complete news archive for Medica
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- Full article archive
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Frequently Asked Questions about Medica
Medica was founded in 2004 and raised its 1st funding round 17 years after it was founded.
Medica is headquartered in Hastings, United Kingdom. It is registered at Hastings, East Sussex, United Kingdom.
Stuart Quin is the current CEO of Medica.
As of Dec 31, 2021, the latest employee count at Medica is 306.
Medica is involved in delivering telemedicine solutions, focusing on teleradiology and telepathology services. Operations are centered on improving diagnostic outcomes through faster access to subspecialty expertise. Services are provided to over 100 NHS hospitals and independent organizations. Innovative software and technologies are utilized to adapt services to customer needs. Coverage includes emergency and elective reporting in specialized areas like stroke, trauma, and PET CT. A global network of over 750 reporters across 20 countries is maintained to ensure quality and efficiency in diagnostics.
Medica's top competitors include vRad, Telemedicine Clinic and 5C Network.
Medica offers Teleradiology and Telepathology.
Medica has made 4 acquisitions, including Global Diagnostics, Moonlight Bidco, and RadMD.
Medica has 3 investors. Key investors include Investec, IK Partners, and Panmure Liberum.