MedicPen

Lomma, Sweden Founded: 2002 • Age: 24 yrs
Smart pill dispenser for medication adherence

About MedicPen

MedicPen is a Healthcare company based in Lomma (Sweden) founded in 2002. Smart pill dispenser for medication adherence. MedicPen has raised $1.46 million across 3 funding rounds from investors including Global Emerging Markets. Its focus areas include HealthTech, Disease Self Management, Medication Adherence and Device.

Company details

MedicPen offers smart pill dispenser for medication adherence. Offers two versions Medimi Pro and Medimi Smart. Devices can hold a maximum of 18 different medicines with 28 pills for each medicine. Also, the device can send alerts vis email and SMS if a dosage has been missed.

  • Headquarters Lomma, Sweden
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website medicpen.com
Key Metrics
  • Total Equity Funding
    $1.46M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.33M (USD), Post-IPO

    May 2015

  • Investors

Funding Insights of MedicPen

MedicPen has successfully raised a total of $1.46M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $2.33 million completed in May 2015. 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 $1.46M
  • Total Rounds 3
  • Last Round Post-IPO β€” $2.33M
  • First Round $1.46M

    (Sep 2010)

  • Investors Count 1

All 3 funding rounds of MedicPen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2015$2.33MPost-IPO––
–
Sep 2013$781,533Post-IPO––
–
Sep 2010$1.46MSeed––
Valuation history

1 investors in total: 1 institutional.

Investors in MedicPen

MedicPen has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Global Emerging Markets.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Multiple sectors are invested in by this private equity firm.
gemny.comNew York, United States
Premium access

Investor details for MedicPen

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.

Timeline of MedicPen

3 dated milestones of MedicPen across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded MedicPen is founded.
  2. Funding First funding round of $1.5M.
  3. Funding Latest funding round, Post-IPO, of $2.3M.
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Frequently Asked Questions about MedicPen

MedicPen was founded in 2002 and raised its 1st funding round 8 years after it was founded.

MedicPen is headquartered in Lomma, Sweden. It is registered at Lomma, Skane County, Sweden.

MedicPen is a funded company, having raised a total of $1.46M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.46M, raised on Sep 2010.

MedicPen offers smart pill dispenser for medication adherence. Offers two versions Medimi Pro and Medimi Smart. Devices can hold a maximum of 18 different medicines with 28 pills for each medicine. Also, the device can send alerts vis email and SMS if a dosage has been missed.

MedicPen has 1 investor. Key investors include Global Emerging Markets.

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