About Medisafe
Medisafe is a company based in Boston (United States) founded in 2012 by Omri Shor and Rotem Shor. It operates as a SaaS (Software-as-a-Service), Professional Services, and HealthTech. Medisafe has raised $51.5 million across 7 funding rounds from investors including OurCrowd, Menorah Mivathim and Qualcomm Ventures. Medisafe offers products and services including Digital Drug Companion, PATHWAYS for HCPs, and Medisafe VIA. Medisafe operates in a competitive market with competitors including Wellth, Cureatr, Kinsa, Phil and Proteus Digital Health, among others.
- Headquarter Boston, United States
- Founders Omri Shor, Rotem Shor
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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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Annual Revenue
$1 M98as on Dec 31, 2018
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Net Profit
$8.34 M30as on Dec 31, 2018
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EBITDA
$8.29 M30as on Dec 31, 2018
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Total Equity Funding
$51.5 M (USD)
in 7 rounds
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Latest Funding Round
$30 M (USD), Series C
Feb 25, 2021
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Investors
OurCrowd
& 17 more
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Employee Count
Employee Count
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Products & Services of Medisafe
Medisafe offers a comprehensive portfolio of products and services, including Digital Drug Companion, PATHWAYS for HCPs, and Medisafe VIA. 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.
A tool for managing medication adherence digitally.
Web-based tool for patient care management.
Voice agent for patient engagement and retention.
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Funding Insights of Medisafe
Medisafe has successfully raised a total of $51.5M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in February 2021. 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 7
- Last Round Series C — $30.0M
- First Round First Round
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series C - Medisafe | Valuation | Sanofi Ventures , ALIVE | |
| Jun, 2017 | Amount | Series B - Medisafe | Valuation | Avala Capital |
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| Mar, 2017 | Amount | Series B - Medisafe | Valuation | Octopus Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Medisafe
Medisafe has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include OurCrowd, Menorah Mivathim and Qualcomm Ventures. 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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Life-Sciences focused Early stage Corporate VC Firm investing in the US
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital investments in tech and healthtech sectors through dedicated funds.
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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 Medisafe
| 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 - Medisafe
| 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 |
Medisafe Comparisons
Competitors of Medisafe
Medisafe 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 Wellth, Cureatr, Kinsa, Phil and Proteus Digital Health, 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 |
Provides AI and cloud-based platform for doctors for patient engagement and care
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| domain | founded_year | HQ Location |
Cloud-based medication management software is provided for healthcare providers.
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| domain | founded_year | HQ Location |
Thermometers and mobile apps are provided for tracking fever symptoms.
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| domain | founded_year | HQ Location |
Prescription drugs refill management solutions
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| domain | founded_year | HQ Location |
Cloud-based medication adherence monitoring is provided for healthcare providers.
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| domain | founded_year | HQ Location |
Medication management is specialized for chronic disease patients.
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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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Latest news on Medisafe
Frequently Asked Questions about Medisafe
When was Medisafe founded?
Medisafe was founded in 2012.
Where is Medisafe located?
Medisafe is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Medisafe a funded company?
Medisafe is a funded company, having raised a total of $51.5M across 7 funding rounds to date. The company's 1st funding round was a Series B of $14.5M, raised on May 15, 2012.
What is the annual revenue of Medisafe?
Annual revenue of Medisafe is $1M as on Dec 31, 2018.
What does Medisafe do?
Medisafe is engaged in providing digital health solutions aimed at improving medication adherence and persistence. The company operates within the healthcare sector, offering platforms like Digital Drug Companion and PATHWAYS for HCPs to support patients, caregivers, and clinical trials. Solutions are designed to enhance patient engagement through personalized interventions, real-world data insights, and integrated technology such as Just-in-Time-Interventions and Medisafe Maestro. Connectivity and transparency are prioritized across treatment journeys for various conditions.
Who are the top competitors of Medisafe?
Medisafe's top competitors include Wellth, Phil and Capsa Healthcare.
What products or services does Medisafe offer?
Medisafe offers Digital Drug Companion, PATHWAYS for HCPs, and Medisafe VIA.
Who are Medisafe's investors?
Medisafe has 18 investors. Key investors include OurCrowd, Menorah Mivathim, Qualcomm Ventures, Sanofi Ventures, and ALIVE.