About Medihere
Medihere is a company based in Seoul (South Korea) founded in 2018.. Medihere has raised $2.7 million across 1 funding round from investors including Korea Investment Holdings, InterVest and Wells Investment. Medihere offers products and services including DoctorHere Web/App Platform, Customized EMR, and Telehealth Software. Medihere operates in a competitive market with competitors including Ro, Amwell, HealthTap, MD Live and Plushcare, among others.
- Headquarter Seoul, South Korea
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Medihere Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.7 M (USD)
in 1 rounds
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Latest Funding Round
$2.7 M (USD), Seed
Nov 12, 2020
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Investors
Korea Investment Holdings
& 2 more
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Employee Count
Employee Count
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Products & Services of Medihere
Medihere offers a comprehensive portfolio of products and services, including DoctorHere Web/App Platform, Customized EMR, and Telehealth Software. 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.
AI-powered platform for personalized healthcare and virtual consultations.
Software for secure patient data management and telehealth integration.
Application enabling remote consultations and IT security compliance.
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Funding Insights of Medihere
Medihere has successfully raised a total of $2.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.7 million completed in November 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.7M
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First Round
First Round
(12 Nov 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Seed - Medihere | Valuation | Korea Investment Holdings |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Medihere
Medihere has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Korea Investment Holdings, InterVest and Wells Investment. 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.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital is provided by Korean firm InterVest.
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Founded Year | Domain | Location | |
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Investment holding firm established in Seoul in 2003.
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Founded Year | Domain | Location | |
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Manages diversified investment portfolios across various asset classes for clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Medihere
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Medihere
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medihere Comparisons
Competitors of Medihere
Medihere 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 Ro, Amwell, HealthTap, MD Live and Plushcare, 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 |
Digital health services for men's wellness are offered by Ro.
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| domain | founded_year | HQ Location |
Telehealth solutions are provided for doctors and patients' consultations.
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| domain | founded_year | HQ Location |
Tech-enabled Q&A and video consultation platform for patients and doctors
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| domain | founded_year | HQ Location |
Cloud-based telemedicine consultations are offered 24/7 to patients nationwide.
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| domain | founded_year | HQ Location |
Primary healthcare is delivered through telemedicine services.
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| domain | founded_year | HQ Location |
Virtual consultations with physicians are provided through a telemedicine platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Medihere
When was Medihere founded?
Medihere was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Medihere located?
Medihere is headquartered in Seoul, South Korea.
Who is the current CEO of Medihere?
Kihwan Kim is the current CEO of Medihere.
Is Medihere a funded company?
Medihere is a funded company, having raised a total of $2.7M across 1 funding round to date. The company's 1st funding round was a Seed of $2.7M, raised on Nov 12, 2020.
What does Medihere do?
Medihere was founded in 2018 in Seoul, South Korea, within the health technology sector. A mobile app is provided for virtual primary care and telemedicine services. Online video consultations are enabled for ongoing management of chronic conditions. Diagnosis, treatment, and responses to patient inquiries are conducted by healthcare providers. Operations rely on a subscription model with multiple pricing tiers.
What products or services does Medihere offer?
Medihere offers DoctorHere Web/App Platform, Customized EMR, and Telehealth Software.
Who are Medihere's investors?
Medihere has 3 investors. Key investors include Korea Investment Holdings, InterVest, and Wells Investment.
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