MediSpend

Portsmouth, United States Founded: 1999 • Age: 27 yrs Acquired By Susquehanna Growth Equity
Compliance software is offered for life sciences spend analytics.
Annual revenue - Latest available
Total funding - 1 rounds
Employees 33 Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About MediSpend

MediSpend is a company based in Portsmouth (United States) founded in 1999 was acquired by Susquehanna Growth Equity in May 2021. The company has 33 employees as of December 31, 2022. 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. MediSpend operates in a competitive market with competitors including Symphony, EXIGER, Conta Simples, Middesk and MetricStream, among others.

  • Headquarter Portsmouth, United States
  • Employees 33 as on 31 Dec, 2022
  • Sectors
    Professional & Legal Services
    Technology Financial Services Healthcare
  • Phone
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  • Website
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  • Social
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  • Legal Name Mmis, Inc
Operational Areas
Professional & Legal Services → Legal Technology Services Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    33

    as on Dec 31, 2022

  • Investments & Acquisitions
    Alucio

    & 2 more

  • Acquired by
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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.

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Primary

Manages compliant interactions with healthcare professionals and stakeholders.

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Handles planning and execution of compliant events for clients.

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Streamlines regulatory reporting and data analytics for compliance.

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Oversees funding requests and program insights for life sciences.

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Conducts screenings and assessments for third-party compliance risks.

People of MediSpend

Headcount 1-10
Employee Profiles 14
Board Members and Advisors 4
Employee Profiles
People
Seth Houston
Chief Commercial Officer
People
Neeraj Singhal
VP Product Management
People
Françoise Renaud
VP Client Operations
People
Sara Rider
Staff Accountant

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Board Members and Advisors
people
Dave Cormack
Director
people
Steve Eaton
Director
people
Jeff Hennessy
Director
people
Scott Feldman
Director

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Funding Insights of MediSpend

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.

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Venture Fund
Investor Description Founded Year Domain Location
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Private equity firm
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Investor details for MediSpend

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  • Investor locations
  • Funding rounds
  • Participation history

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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.

Investments
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Investment portfolio details for MediSpend

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Platform for scientific knowledge exchange among medical professionals is offered.
Locked Locked 2019 Locked
Cloud-based platform for risk and compliance management is utilized.
Locked Locked 2017 Locked
Treatment data analytics are provided for pharmaceutical companies.
Locked Locked 2015 Locked
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Complete acquisition details for MediSpend

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - MediSpend

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Detailed financials for MediSpend

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  • Profit trends
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Medispend Comparisons

MediSpend Primary company
Description
Compliance software is offered for life sciences spend analy...
Location
Portsmouth, United States
Founded Year
1999
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
33
As of 2022
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Peer comparison for MediSpend

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Competitors of MediSpend

MediSpend 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 Symphony, EXIGER, Conta Simples, Middesk and MetricStream, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Compliance management solutions for financial institutions
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Third-party risks and supply chains are managed via AI platform.
Locked Locked Locked
Digital bank for businesses
Locked Locked Locked
Risk management solutions for financial institutions are offered.
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Cloud-based regulatory solutions are provided for financial institutions.
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Strategy management consulting services are provided by Ascent.
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Detailed competitors of MediSpend

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  • Full company profiles
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Latest news on Medispend

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Complete news archive for MediSpend

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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.

As of Dec 31, 2022, the latest employee count at MediSpend is 33.

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.

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