MediGroup

Chesterfield, United States Founded: 2000 • Age: 26 yrs Acquired By MidEuropa
Group purchasing services for healthcare providers are facilitated by MediGroup.
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About MediGroup

MediGroup is a company based in Chesterfield (United States) founded in 2000 by Adam Summers was acquired by MidEuropa in March 2018.. MediGroup offers products and services including Supply Chain Services, Employee Perks, Affinity Program, and Brands Value-Added Services. MediGroup operates in a competitive market with competitors including OncoLens, Prospitalia, Safecor Health, Gravitiq and Blue Fin Group, among others.

  • Headquarter Chesterfield, United States
  • Founders Adam Summers
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Medigroup A.S.
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    MidEuropa

    (Mar 05, 2018)

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Products & Services of MediGroup

MediGroup offers a comprehensive portfolio of products and services, including Supply Chain Services, Employee Perks, Affinity Program, and Brands Value-Added Services. 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.

Primary

Manages networks for efficient medical supply distribution and cost reduction.

Provides discounts on cell plans and office supplies for member employees.

Offers 401K programs and merchant services for financial benefits.

Delivers cost-effective solutions to maximize office efficiency through vendors.

Funding Insights of MediGroup

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in MediGroup

MediGroup has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MidEuropa. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
MidEuropa is engaged in private equity investments in Central Europe.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MediGroup

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MediGroup

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Medigroup Comparisons

Employees
+
Add Comparison
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Competitors of MediGroup

MediGroup 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 OncoLens, Prospitalia, Safecor Health, Gravitiq and Blue Fin 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
domain founded_year HQ Location
HIPAA-compliant platform connects oncologists for tumor board discussions.
domain founded_year HQ Location
Shopping service company in the hospital market
domain founded_year HQ Location
Safecor Health is engaged in unit-dose drug repackaging for hospitals.
domain founded_year HQ Location
Operator of e-commerce health & personal care brands
domain founded_year HQ Location
Healthcare consultancy, GPO, and management services are provided.
domain founded_year HQ Location
Offers group purchasing services for healthcare systems to reduce costs effectively.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Medigroup

Frequently Asked Questions about MediGroup

When was MediGroup founded?

MediGroup was founded in 2000.

Where is MediGroup located?

MediGroup is headquartered in Chesterfield, United States. It is registered at Chesterfield, Missouri, United States.

Who is the current CEO of MediGroup?

Andy Klearman is the current CEO of MediGroup.

What does MediGroup do?

MediGroup was established in 2000 as a healthcare group purchase organization based in Chesterfield, United States. Collective bargaining is utilized to secure contracts for medical supplies, equipment, and services on behalf of member hospitals and providers. Cost efficiencies are achieved through volume negotiations, with operations centered on supporting regional healthcare networks. Key leadership includes Founder and CTO Adam Summers, alongside CEO Andy Klearman.

Who are the top competitors of MediGroup?

MediGroup's top competitors include OncoLens, Safecor Health and Gravitiq.

What products or services does MediGroup offer?

MediGroup offers Supply Chain Services, Employee Perks, Affinity Program, and Brands Value-Added Services.

Who are MediGroup's investors?

MediGroup has 1 investor. Key investors include MidEuropa.

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