MediSys

Hyderabad, India Founded: 2001 • Age: 25 yrs Minicorn
Online medical and allied health education packages are provided.
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About MediSys

MediSys is an Education company based in Hyderabad (India) founded in 2001 by Neeraj Raj. It operates as an online medical and allied health education packages are provided. MediSys has raised $11.44 million across 9 funding rounds from investors including NEA, Anishay Raj and Aluri Srinivasa Rao. The company has 41 employees. MediSys was last valued at $8.79 million in January 2018. Its chief executive is M N Rao. Its Indian entity Medisys Edutech Private Limited reported revenue of ₹4.13 Cr. Its focus areas include EdTech, Higher Education Tech, B2B2C Learning Solutions and Online Courses. Its competitors include Visible Body, NovoEd, eDynamic Learning, Boclips and SmarTeach and 3 more; 6 of its 8 listed competitors have raised funding.

Company details

Provider of online medical and allied health education packages. It offers curriculum-based content for undergraduate students and continuing education for practicing professionals. The packages include pre-recorded and live sessions, assessments, and teaching aids designed for self-directed learning and classroom use. A learning management system (LMS) supports course administration and student interaction. The company also develops content for institutions and collaborates with practitioners and educators to create relevant and affordable educational materials. Its goal is to improve learning outcomes and access to quality medical education.

Operational Areas
Education → Education Technology Platforms
Key Metrics
  • Annual Revenue
    ₹4.13 Cr

    FY 2023 · +106% YoY

  • Net Loss
    -₹39.4 Lakh

    FY 2023 · -10% margin

  • EBITDA
    ₹1.95 Cr

    FY 2023 · 47% margin

  • Total Equity Funding
    $11.44M (USD)

    in 9 rounds

  • Latest Funding Round
    $344.7K (USD), Angel Round

    Dec 2018

  • Investors
    NEA

    & 12 more

  • Employee Count
    41

Funding Insights of MediSys

MediSys has successfully raised a total of $11.44M across 9 strategic funding rounds. The most recent funding activity was a Angel Round of $344.7 thousand completed in December 2018. 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 $11.44M
  • Total Rounds 9
  • Last Round Angel Round — $344,700
  • First Round $858,120

    (Sep 2006)

  • Investors Count 13

All 9 funding rounds of MediSys with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2018$344,700Angel Round––
–
Jan 2018$502,616Series A$8.79MNew Enterprise Associates
Anishay Raj
Jun 2016$482,463Series A$6.66MNew Enterprise Associates
Aluri Srinivasa Rao
Jan 2015$2.49MSeries A$•••••New Enterprise Associates
–
Jan 2013$5.78MSeries A$•••••Prashant Shrimal, New Enterprise Associates
–
Mar 2011$192,379Seed$•••••Vaidyanathan Giridharan
K Venugopal, Rama Moorthy
Mar 2010$147,901Angel Round$•••••Mohammed Abid
–
Mar 2009$636,118Seed$•••••Pragati
–
Sep 2006$858,120Seed$•••••Pragati
–
Valuation history
DateValuationStage
Jan 2018$8.79M••••••••
Jun 2016$6.66M••••••••
Jan 2015$•••••••••••••
Jan 2013$•••••••••••••
Mar 2011$•••••••••••••
Mar 2010$•••••••••••••
Mar 2009$•••••••••••••
Sep 2006$•••••••••••••
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Full valuation and stage history of MediSys

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

  • All valuation points
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Verified entity values are shown only after access is granted.

Last known valuation $8.79M (Jan 2018). 13 investors in total: 3 institutional and 10 angel.

Investors in MediSys

MediSys has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include NEA, Anishay Raj and Aluri Srinivasa Rao.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
NEA
Venture capital investments are offered to startups by NEA.
–nea.comMenlo Park, United States
Shaft Healthcare Solutions
-
–shafthealthcaresolutions.tcc.mode-
Pragati
SAPPI international printer and retailer services are provided.
–pragati.comHyderabad, India

Anishay Raj

-
–unknown_059efa16c3c047eea-

Aluri Srinivasa Rao

-
–unknown_b4d1f02cc29d43348-

Prashant Shrimal

-
–unknown_0f7f7899532849279-

K Venugopal

-
–unknown_318df1db343140d8b-

Rama Moorthy

-
–unknown_0233058a9ad44114a-

Vaidyanathan Giridharan

-
–unknown_76c9372f16d242d48-

Afreen Meherunnisa Hashmi

-
–unknown_159770016a734b2cb-
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Investor details for MediSys

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Medisys Edutech Private Limited (MediSys)

Medisys Edutech Private Limited is the primary company behind MediSys. The board of Medisys Edutech Private Limited currently have 6 directors; the longest-serving is Neeraj Raj, appointed in 2000. 16 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Neeraj Raj
DIN 01098575
Director04 Oct 200026 yrsMedisys Edutech Private Limited
Narendra Paruchuri
DIN 00129551
Director29 Sep 200620 yrsMedisys Edutech Private Limited
Ruchir Lahoty
DIN 02191430
Nominee Director06 Mar 201313 yrs 7 moMedisys Edutech Private Limited
Munjuluri Nagabhushana Rao
DIN 00334756
Whole-time director10 Sep 201313 yrs 1 moMedisys Edutech Private Limited
Bala C Deshpande
DIN 00020130
Nominee Director04 Oct 201412 yrsMedisys Edutech Private Limited
Aluri Rao Srinivasa
DIN 00147058
Director30 Nov 20178 yrs 10 moMedisys Edutech Private Limited

People of MediSys

6 people are tracked at MediSys (4 in leadership, 2 in team); the tracked headcount is 41.

NameRoleGroup
Neeraj Raj
Founder & DirectorLeadership
M N Rao
CEOLeadership
Nagabhushana Rao Munjuluri
CEOLeadership
CS JR Lakshmana Rao Kanukollu
VP, Finance & Company SecretaryLeadership
Vijaya K.
SVP, HRTeam
Chandrasekhar Sankaran
SVP, MarketingTeam
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Financials of MediSys

Figures of Medisys Edutech Private Limited, the primary company behind MediSys, for FY 2023. Revenue was ₹4.13 Cr (+106% year on year). Net loss was -₹39.4 Lakh (-10% margin). EBITDA was ₹1.95 Cr (47% margin).

  • ₹4.13 CrRevenue · FY 2023 · +106% YoY
  • -₹39.4 LakhNet loss · -10% margin
  • ₹1.95 CrEBITDA · 47% margin
  • ₹80.46 CrPaid-up capital
  • 41Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Medisys Edutech Private Limited are on its company page.

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Detailed financial statements for MediSys

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of MediSys

4 dated milestones of MediSys across 17 years, from founding to its latest funding, stage changes and deals.

  1. Founded MediSys is founded.
  2. Funding First funding round of $858K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $345K.

Competitors of MediSys

MediSys has 8 listed competitors in our database, 6 of them funded. They include Visible Body, NovoEd, eDynamic Learning, Boclips and SmarTeach, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Visible Body
visiblebody.com1996Boston, United States$6.34M89
Interactive 3D apps for anatomy and physiology learning are developed.
NovoEd
novoed.com2012San Francisco, United States$4.8M–
Online learning and training programs platform
eDynamic Learning
edynamiclearning.com2008Southlake, United States––
Curriculum-based online courses are offered in diverse subjects.
Boclips
boclips.com2014London, United Kingdom$12.19M27
Online learning management providers for schools and universities
SmarTeach
smarteach.com2003Hyderabad, India–38
An e-learning platform focused on medical education
Aktiv
aktiv.com2016New York, United States$12.59M–
Provider of online learning solutions for school students
The Student Hub
thestudenthub.co.za2015Cape Town, South Africa$2.93M–
Learning solutions are offered via an online platform for students.
Goseeko
goseeko.com2015Delhi, India$730,0308
Mobile-based platform providing learning solutions for college students
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Detailed competitors of MediSys

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
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Verified entity values are shown only after access is granted.

Top companies in Education Technology Platforms

10 companies that operate in the same segment as MediSys (Education Technology Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Duolingo
Developer of a platform providing gamified language learning through interactive exercises
2011Pittsburgh, Pennsylvania, United StatesUSD 183.3 MUSD 748.02 M900
Physics Wallah
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 275 MUSD 415.66 M15,046
PowerSchool
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
Miko Technologies
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 107.78 M––
Brightwheel
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M––
ClassDojo
Real-time classroom behavior feedback is delivered to students by teachers.
2011San Francisco, California, United StatesUSD 221.22 M–521
LEAD School
Integrated edtech systems are provided for K-12 schools.
2012Mumbai, Maharashtra, IndiaUSD 172.33 MUSD 43.22 M1,140
Instructure
Cloud-based learning management systems are provided for educational courses.
1999Salt Lake City, Utah, United StatesUSD 88.85 M––
Amplify
High-quality K-12 curriculum and assessments are provided by Amplify.
2000Brooklyn, New York, United StatesUSD 215 M––
51Talk
One-to-one online English tutoring is provided by 51Talk.
2011Beijing, ChinaUSD 89 MUSD 95.85 M539
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Frequently Asked Questions about MediSys

MediSys was founded in 2001 and raised its 1st funding round 5 years after it was founded.

MediSys is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

M N Rao is the current CEO of MediSys.

MediSys is a funded company, having raised a total of $11.44M across 9 funding rounds to date. The company's 1st funding round was a Seed of $858.12K, raised on Sep 2006.

MediSys has 41 employees.

The primary company behind MediSys, Medisys Edutech Private Limited, reported revenue of ₹4.13 Cr for FY 2023, up 106% year on year.

Provider of online medical and allied health education packages. It offers curriculum-based content for undergraduate students and continuing education for practicing professionals. The packages include pre-recorded and live sessions, assessments, and teaching aids designed for self-directed learning and classroom use. A learning management system (LMS) supports course administration and student interaction. The company also develops content for institutions and collaborates with practitioners and educators to create relevant and affordable educational materials. Its goal is to improve learning outcomes and access to quality medical education.

MediSys's top competitors include Visible Body, NovoEd and Boclips.

MediSys has 13 investors. Key investors include NEA, Anishay Raj, Aluri Srinivasa Rao, Prashant Shrimal, and K Venugopal.

The valuation of MediSys is $8.79M as of Jan 2018.

MediSys operates through Medisys Edutech Private Limited.

The legal entities of MediSys currently have 7 directors, including Neeraj Raj, Aluri Rao Srinivasa, Bala C Deshpande and others.

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