MEDICI

Charlotte, United States Founded: 2013 • Age: 13 yrs Acquired By Prove
FinTech news and information are provided through an online platform.

About MEDICI

MEDICI is a Media & Entertainment company based in Charlotte (United States) founded in 2013 by Aditya Khurjekar, and was acquired by Prove in March 2021. FinTech news and information are provided through an online platform. MEDICI has raised $1.44 million across 5 funding rounds from investors including Prove. Its chief executive, as recorded, is Aditya Khurjekar. Its Indian entity Proveidentity Fintech Private Limited reported revenue of β‚Ή7.33 Cr. MEDICI offers products and services including Prove Pre-Fill, Prove Identity, Prove Auth, and Prove Identity Manager. Its focus areas include Internet First Media, Business and Finance, FinTech and Publishers. Its competitors include Business Insider, Benzinga and MarketWatch; 2 of its 3 listed competitors have raised funding.

Company details

MEDICI was established in 2013 in Charlotte, United States, as an online platform focused on the FinTech sector. Curated data from multiple sources, along with analysis and research, are delivered to users. Membership programs, advisory services, and media access are offered, supplemented by tools for FinTech startups to engage audiences. Contributions from users are facilitated, and revenue is generated via subscription plans.

Key Metrics
  • Indian entity revenue
    ₹7.33 Cr

    FY 2022 · +72% YoY

  • Indian entity net profit
    ₹33.9 Lakh

    FY 2022 · 5% margin

  • Indian entity EBITDA
    -₹75.7 Lakh

    FY 2022 · -10% margin

  • Total Equity Funding
    $1.44M (USD)

    in 5 rounds

  • Latest Funding Round
    $40K (USD), Seed

    Jun 2019

  • Investors
  • Acquired by
    Prove

    (Mar 2021)

Products & Services of MEDICI

MEDICI offers a comprehensive portfolio of products and services, including Prove Pre-Fill, Prove Identity, Prove Auth, and Prove Identity Manager.

Prove Pre-Fill
Onboarding Tool

Accelerates digital onboarding by pre-populating forms securely.

Prove Identity
Verification Platform

Verifies consumer identity using phone numbers to reduce fraud.

Prove Auth
Authentication Service

Enables passwordless authentication for secure access.

Prove Identity Manager
Identity Management

Manages real-time identity attributes for consumer servicing.

Apps and channels of MEDICI

its YouTube channel Prove has 240 subscribers and 30 videos.

Prove
YouTube 240 subscribers 30 videos Science & Technology
Open channel

Videos from MEDICI

The most watched videos on MEDICI's YouTube channel, Prove (240 subscribers). Click a video to play it here.

Prove Pre-Fill 10-Second Onboarding
2.4M views
Prove Customer Stories: Bilt Rewards
60K views
Prove Pre-Fill 10-Second Onboarding
20.9K views
79% Faster Onboarding with Prove Pre-Fill (Mobile Auth)
1.5K views

More on Prove.

Funding Insights of MEDICI

MEDICI has successfully raised a total of $1.44M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $40 thousand completed in June 2019. 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 $1.44M
  • Total Rounds 5
  • Last Round Seed β€” $40,000
  • First Round $100,000

    (May 2015)

All 5 funding rounds of MEDICI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2019$40,000Seed––
–
Jul 2017$974,500Seed––
–
Nov 2016$225,000Seed––
–
May 2015$100,000Seed––
–
May 2015$100,000Seed––
–
Valuation history

1 investors in total: 1 institutional.

Investors in MEDICI

MEDICI has secured backing from 1 investor. Prominent investors backing the company include Prove.

All
InvestorDescriptionFounded YearDomainLocation
Identity verification and authentication solutions are provided to enterprises worldwide.
2008prove.comNew York, United States
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Investor details for MEDICI

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Proveidentity Fintech Private Limited (MEDICI)

Proveidentity Fintech Private Limited is the primary company behind MEDICI. The board of Proveidentity Fintech Private Limited currently have 4 directors; the longest-serving is Rodger Raj Rajnikant Desai, appointed in 2021. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rodger Raj Rajnikant Desai
DIN 09388524
Director19 Nov 20214 yrs 11 moProveidentity Fintech Private Limited
Eugene F Keenan Jr
DIN 09388495
Director19 Nov 20214 yrs 11 moProveidentity Fintech Private Limited
Jugnu Sharma
DIN 03523917
Director03 Apr 20242 yrs 7 moProveidentity Fintech Private Limited
Eric Bradley Lesser
DIN 11186629
Additional Director16 Jul 20251 yr 3 moProveidentity Fintech Private Limited

People of MEDICI

155 people are tracked at MEDICI (62 in leadership, 8 in board & advisors, 85 in team).

NameRoleGroup
Aditya Khurjekar
Co-Founder & CEOLeadership
Hal Granoff
Vice PresidentLeadership
Andrea Rufino
Head De Marketing LatamLeadership
Koby Suntheralingam
Director of Client OperationsLeadership
Danielle Dilegge
Sales DirectorLeadership
Karim Al Srag
Director of EngineeringLeadership
Jameson Williams
Sales DirectorLeadership
Simon Foster
Director Global AlliancesLeadership
Alyse Belavic
Senior Director, Channel & PartnershipsLeadership
CEO & FounderLeadership
Stefan Chlanda
Director Of Platform EngineeringLeadership
Dimitre Boyukliev
Head of Business Development & EngagementLeadership
Madeline Moghadam
Chief Of Staff To CROLeadership
Kimberly C.
Account DirectorLeadership
Jason Christensen
Enterprise, Cloud & Infrastructure Security, DirectorLeadership
Mitchell Bompey
Chief Legal OfficerLeadership
Petra C.
EA To Ceo; CLO And CFOLeadership
Christina Bechtel
Account DirectorLeadership
Adrian F.
VP Of EngineeringLeadership
Kelley Vallone
Senior Director Global MarketingLeadership

135 more people are available in the full profile.

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Complete people profiles for MEDICI

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of MEDICI

Figures of Proveidentity Fintech Private Limited, the primary company behind MEDICI, for FY 2022. Revenue was ₹7.33 Cr (+72% year on year). Net profit was ₹33.9 Lakh (5% margin). EBITDA was -₹75.7 Lakh (-10% margin). Revenue has grown at a compounded annual rate of +25% over three years and +42% over five years.

  • ₹7.33 CrRevenue · FY 2022 · +72% YoY
  • ₹33.9 LakhNet profit · 5% margin
  • -₹75.7 LakhEBITDA · -10% margin
  • ₹1 LakhPaid-up capital
  • +25%Revenue CAGR, 3 years
  • +42%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Proveidentity Fintech Private Limited are on its company page.

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Detailed financial statements for MEDICI

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of MEDICI

4 dated milestones of MEDICI across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded MEDICI is founded.
  2. Funding First funding round of $100K.
  3. Funding Latest funding round, Seed, of $40K.
  4. Exit Acquired by Prove.

Competitors of MEDICI

MEDICI has 3 listed competitors in our database, 2 of them funded. They include Business Insider, Benzinga and MarketWatch.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
businessinsider.com2007New York, United States$64.61M1,149
Business news on technology, media, and finance is delivered online.
benzinga.com2009Southfield, United States$4.5M
Financial news, stock data, and investment insights are delivered digitally.
marketwatch.com1997New York, United States
Business and financial news is delivered through a dedicated website.
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Detailed competitors of MEDICI

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in DTC Media Innovators

3 companies that operate in the same segment as MEDICI (DTC Media Innovators) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category news is delivered through an app-based platform.
2016Arlington, Virginia, United StatesUSD 30 M356
Online platform publishing content focusing on investment
2011Chicago, Illinois, United StatesUSD 60.4 M
Subscription-based sports media is delivered to local premium audiences.
2016Chicago, Illinois, United StatesUSD 134.42 M
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Related news about Medici

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Complete news archive for MEDICI

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about MEDICI

MEDICI was founded in 2013 and raised its 1st funding round 2 years after it was founded.

MEDICI is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

Aditya Khurjekar is the CEO of MEDICI, as recorded in our data. They have also founded this company.

MEDICI is a funded company, having raised a total of $1.44M across 5 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on May 2015.

The primary company behind MEDICI, Proveidentity Fintech Private Limited, reported revenue of β‚Ή7.33 Cr for FY 2022, up 72% year on year.

MEDICI was established in 2013 in Charlotte, United States, as an online platform focused on the FinTech sector. Curated data from multiple sources, along with analysis and research, are delivered to users. Membership programs, advisory services, and media access are offered, supplemented by tools for FinTech startups to engage audiences. Contributions from users are facilitated, and revenue is generated via subscription plans.

MEDICI's top competitors include Business Insider, Benzinga and MarketWatch.

MEDICI offers Prove Pre-Fill, Prove Identity, Prove Auth, and Prove Identity Manager.

MEDICI has 1 investor. Key investors include Prove.

MEDICI operates through Proveidentity Fintech Private Limited.

Yes. MEDICI was acquired by Prove in March 2021.

The legal entities of MEDICI currently have 4 directors, including Rodger Raj Rajnikant Desai, Eugene F Keenan Jr, Jugnu Sharma and others.

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