MediSpend

Portsmouth, United States Founded: 1999 • Age: 27 yrs Acquired By Susquehanna Growth Equity
Compliance software is offered for life sciences spend analytics.

About MediSpend

MediSpend is a Professional & Legal Services company based in Portsmouth (United States) founded in 1999, and was acquired by Susquehanna Growth Equity in May 2021. It operates as a compliance software is offered for life sciences spend analytics. It operates in the Professional & Legal Services, Technology, and Financial Services sectors. The company has 33 employees. MediSpend has completed 3 acquisitions, including Alucio, MedCompli and Real Life Sciences. MediSpend offers products and services including Compliant Consultant Engagement, Events Management, Transparency Reporting, Funding Management, and Third-Party Due Diligence. Its focus areas include FinTech, Finance & Accounting Tech, Financial Planning & Analysis and Financial Analytics. Its legal entity is MMIS, INC. Its competitors include Symphony, EXIGER, Conta Simples, Middesk and MetricStream and 5 more; 9 of its 10 listed competitors have raised funding.

Company details

Founded in 1999 and based in Portsmouth, United States, MediSpend operates in the life sciences sector. SaaS-based solutions are delivered for compliance management, including spend analytics and HCP engagement tools. Data from various sources is integrated, expenses are analyzed through customizable workflows, and reports are generated to align with federal, state, and global transparency regulations. Operations focus on enabling regulatory adherence for pharmaceutical and biotech firms.

  • Headquarters Portsmouth, United States
  • Employees 33
  • Stage Acquired
  • Sectors
    Professional & Legal Services
    Technology Financial Services Healthcare
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website medispend.com
  • Social LinkedIn X Facebook
  • Acquired by Susquehanna Growth Equity (May 2021)
  • Legal Name Mmis, Inc
Key Metrics

Products & Services of MediSpend

MediSpend offers a comprehensive portfolio of products and services, including Compliant Consultant Engagement, Events Management, Transparency Reporting, Funding Management, and Third-Party Due Diligence.

Compliant Consultant Engagement
Engagement Solutions

Manages compliant interactions with healthcare professionals and stakeholders.

Events Management
Event Solutions

Handles planning and execution of compliant events for clients.

Transparency Reporting
Reporting Solutions

Streamlines regulatory reporting and data analytics for compliance.

Funding Management
Funding Solutions

Oversees funding requests and program insights for life sciences.

Third-Party Due Diligence
Risk Management

Conducts screenings and assessments for third-party compliance risks.

Funding Insights of MediSpend

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of MediSpend with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2014–Series A––
Valuation history

2 investors in total: 2 institutional.

Investors in MediSpend

MediSpend has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include EDG Partners and Susquehanna Growth Equity.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
-
–edgpartners.com-
Private equity firm
–sgep.comBala Cynwyd, United States
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Investor details for MediSpend

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People of MediSpend

18 people are tracked at MediSpend (9 in leadership, 4 in board & advisors, 5 in team); the tracked headcount is 33.

NameRoleGroup
Seth Houston
Chief Commercial OfficerLeadership
Neeraj Singhal
VP Product ManagementLeadership
Françoise Renaud
VP Client OperationsLeadership
Jay Ward
Life Sciences Solutions DirectorLeadership
Erica Mathis
Director Of Product ManagementLeadership
Frank Madden
Director, Client SuccessLeadership
Katie Reiley
Director Commercial OperationsLeadership
Bryan Stinehour
Director Of Product ManagementLeadership
Heather Brown
Director, Client SuccessLeadership
Dave Cormack
DirectorBoard & advisors
Steve Eaton
DirectorBoard & advisors
Jeff Hennessy
DirectorBoard & advisors
Scott Feldman
DirectorBoard & advisors
Sara Rider
Staff AccountantTeam
Ethan Barr
Senior Business AnalystTeam
Gurwinder Mashiana
Senior Business AnalystTeam
Paul Eckert
Corporate ControllerTeam
Lauren Imbrogno
Marketing ManagerTeam
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Complete people profiles for MediSpend

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  • Team structure
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Investments & Acquisitions by MediSpend

MediSpend has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Alucio, MedCompli and Real Life Sciences.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Platform for scientific knowledge exchange among medical professionals is offered.
alucio.ioSan Francisco, United States2019Oct 2025β€’β€’β€’β€’
Treatment data analytics are provided for pharmaceutical companies.
rlsciences.comDenver, United States2015Mar 2025β€’β€’β€’β€’
Cloud-based platform for risk and compliance management is utilized.
medcompli.comGainesville, United States2017May 2024β€’β€’β€’β€’
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Complete acquisition details for MediSpend

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  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of MediSpend

6 dated milestones of MediSpend across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded MediSpend is founded.
  2. Funding First funding round.
  3. Exit Acquired by Susquehanna Growth Equity.
  4. Acquisition Acquires MedCompli.
  5. Acquisition Acquires Real Life Sciences.
  6. Acquisition Acquires Alucio.

Competitors of MediSpend

MediSpend has 10 listed competitors in our database, 9 of them funded. They include Symphony, EXIGER, Conta Simples, Middesk and MetricStream, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
symphony.com2014New York, United States$461M–
Compliance management solutions for financial institutions
exiger.com2013New York, United States$80M–
Third-party risks and supply chains are managed via AI platform.
contasimples.com2018Sao Paulo, Brazil$68.15M–
Digital bank for businesses
middesk.com2018San Francisco, United States$77M–
Risk management solutions for financial institutions are offered.
metricstream.com1999San Jose, United States$213.35M515
Cloud-based regulatory solutions are provided for financial institutions.
ascentpgm.com2015Anchorage, United States––
Strategy management consulting services are provided by Ascent.
satago.com2012London, United Kingdom$33.38M39
Provider of a risk management platform for businesses
enigma.com2011New York, United States$130.44M–
Business data solutions are provided by Enigma for various industries.
appzen.com2012Sunnyvale, United States$282.51M141
Personal Assistant for Expense Management
mendel.com2021Mexico$63M–
Expense analysis and management solutions are provided for businesses.
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Detailed competitors of MediSpend

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Web traffic of MediSpend

The website of MediSpend (medispend.com) receives about 5.9K visits a month.

  • Monthly visits
    5.9K

    ▲ 18.6% vs previous month

Similar websites

Websites whose visitors overlap most with MediSpend. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
acquisconsulting.com
100%
680.7K#2,819,203View details
keela.co
90%
181.8K#200,827View details
grantboost.io
grantboost.io
86%
–#1,606,040–
listedtech.com
listedtech.com
84%
–#3,714,534–
groundswell.io
83%
15.4K#1,327,172View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 26 similar websites and full traffic analytics for MediSpend

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  • 26 similar websites
  • Audience overlap
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Top companies in Legal Tech

10 companies that operate in the same segment as MediSpend (Legal Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud and AI-based electronic signatures and contract management are provided.
2003San Francisco, California, United StatesUSD 520 MUSD 3.22 B6,840
Legal practice management software is provided for law firm operations.
2007Burnaby, British Columbia, CanadaUSD 1.79 B–2,371
AI-powered software for contract drafting and management is provided.
2017IndiaUSD 112.95 MUSD 2.43 M162
Contract lifecycle management software is developed using AI-powered intelligence.
2016San Carlos, California, United StatesUSD 154.69 M––
AI-powered ediscovery platform streamlines investigations and workflows.
2012Houston, Texas, United StatesUSD 194.03 MUSD 156.85 M561
AI-powered software for legal contract management is utilized.
2012Lehi, Utah, United StatesUSD 170.95 M–1,164
Cloud-based legal management and data services are provided for businesses.
2008Toronto, Ontario, Canada–USD 7.63 B26,400
AI-driven legal research platform for attorneys is operated.
2013San Francisco, California, United StatesUSD 67.83 M––
Online legal services are offered to businesses and families.
2008San Francisco, California, United StatesUSD 288.44 M–482
SaaS-driven property management software for owners and residential property managers
2006Santa Barbara, California, United StatesUSD 30 MUSD 950.82 M1,630
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Related news about Medispend

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Frequently Asked Questions about MediSpend

MediSpend was founded in 1999 and raised its 1st funding round 15 years after it was founded.

MediSpend is headquartered in Portsmouth, United States. It is registered at Portsmouth, Virginia, United States.

MediSpend has 33 employees.

Founded in 1999 and based in Portsmouth, United States, MediSpend operates in the life sciences sector. SaaS-based solutions are delivered for compliance management, including spend analytics and HCP engagement tools. Data from various sources is integrated, expenses are analyzed through customizable workflows, and reports are generated to align with federal, state, and global transparency regulations. Operations focus on enabling regulatory adherence for pharmaceutical and biotech firms.

MediSpend's top competitors include Symphony, EXIGER and Conta Simples.

MediSpend offers Compliant Consultant Engagement, Events Management, Transparency Reporting, Funding Management, and Third-Party Due Diligence.

MediSpend has made 3 acquisitions, including Alucio, MedCompli, and Real Life Sciences.

MediSpend has 2 investors. Key investors include EDG Partners, and Susquehanna Growth Equity.

MediSpend operates through Mmis, Inc.

Yes. MediSpend was acquired by Susquehanna Growth Equity in May 2021.

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