MedicSpot

London, United Kingdom Founded: 2016 • Age: 10 yrs
Online consultations from general practitioners are facilitated at local pharmacies.
Annual revenue - Latest available
Total funding $4.7M 7 rounds
Employees 48 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About MedicSpot

MedicSpot is a company based in London (United Kingdom) founded in 2016 by Oliver Brooks and Zubair Ahmed. MedicSpot has raised $4.72 million across 7 funding rounds from investors including UK Research and Innovation, Henley Business Angels and DigitalHealth.London. The company has 48 employees as of September 30, 2023. MedicSpot offers products and services including Weight Loss Treatments and Online GP Appointments. MedicSpot operates in a competitive market with competitors including Phlo, Zava, Phlo Connect, simple online healthcare and RXLive, among others.

  • Headquarter London, United Kingdom
  • Employees 48 as on 30 Sep, 2023
  • Founders Oliver Brooks, Zubair Ahmed
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Medic Spot Limited
  • Date of Incorporation 30 Mar, 2016
  • Jurisdiction ST. LEONARDS-ON-SEA, ENGLAND
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4.72 M (USD)

    in 7 rounds

  • Latest Funding Round
    $1.61 M (USD), Seed

    Dec 04, 2020

  • Investors
  • Employee Count
    48

    as on Sep 30, 2023

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Products & Services of MedicSpot

MedicSpot offers a comprehensive portfolio of products and services, including Weight Loss Treatments and Online GP Appointments.

Product name locked
Category locked
Primary

Clinically-proven programs for sustainable weight reduction via online assessments.

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Virtual consultations for general health and weight loss support.

Funding Insights of MedicSpot

MedicSpot has successfully raised a total of $4.72M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $1.61 million completed in December 2020. 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.

Investors in MedicSpot

MedicSpot has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include UK Research and Innovation, Henley Business Angels and DigitalHealth.London.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
A network of investors and entrepreneurs is facilitated by Henley Business Angels.
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Digital health solutions are provided in London, United Kingdom.
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Research and innovation funding is managed for UK advancement.
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Investor details for MedicSpot

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Investments & Acquisitions by MedicSpot

Investments
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Investment portfolio details for MedicSpot

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  • Portfolio identities
  • Transaction dates
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Financial Statements - MedicSpot

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Detailed financials for MedicSpot

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Medicspot Comparisons

MedicSpot Primary company
Description
Online consultations from general practitioners are facilita...
Location
London, United Kingdom
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
48
As of 2023
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Peer comparison for MedicSpot

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Competitors of MedicSpot

MedicSpot 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 Phlo, Zava, Phlo Connect, simple online healthcare and RXLive, among others.

Company Name Domain Founded year HQ Location Description
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Digital pharmacy app for medication management and pharmacist consultations.
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Online platform to order prescription medications or test kits
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Digital pharmacy infrastructure is provided to connect clinicians and patients.
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Offers online pharmacy, GP services, telehealth, and partnerships for accessible healthcare.
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Mobile app for remote consultation and prescription delivery
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Detailed competitors of MedicSpot

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Latest news on Medicspot

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Complete news archive for MedicSpot

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Frequently Asked Questions about MedicSpot

MedicSpot was founded in 2016 and raised its 1st funding round 2 years after it was founded.

MedicSpot is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Zubair Ahmed is the current CEO of MedicSpot. They have also founded this company.

MedicSpot is a funded company, having raised a total of $4.72M across 7 funding rounds to date.

As of Sep 30, 2023, the latest employee count at MedicSpot is 48.

MedicSpot was founded in 2016 in London, United Kingdom, within the telemedicine sector. Online consultations with general practitioners are conducted in pharmacy consultation rooms. Equipment such as the MedicCam for throat and ear examinations, along with a blood pressure cuff, stethoscope, pulse oximeter, and thermometer, is utilized to enable full patient assessments. Operations focus on integrating virtual healthcare with physical pharmacy locations.

MedicSpot's top competitors include Zava, Phlo and Phlo Connect.

MedicSpot offers Weight Loss Treatments and Online GP Appointments.

MedicSpot has 3 investors. Key investors include UK Research and Innovation, Henley Business Angels, and DigitalHealth.London.

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