About Medit
Medit is a company based in Seoul (South Korea) founded in 2000 was acquired by MBK Partners in December 2022.. Medit operates in a competitive market with competitors including iTero, Cadent, Dandy, Launca and Kulzer, among others.
- Headquarter Seoul, South Korea
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
MBK Partners
(Dec 29, 2022)
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Funding Insights of Medit
| 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 Medit
Medit has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MBK Partners. 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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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 Medit
| 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 - Medit
| 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 |
Medit Comparisons
Competitors of Medit
Medit 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 iTero, Cadent, Dandy, Launca and Kulzer, 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 |
Intraoral scanners and restorative devices are developed for dental imaging.
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| domain | founded_year | HQ Location |
3D digital solutions are provided for orthodontic and dental industries.
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| domain | founded_year | HQ Location |
Dandy is recognized as a fully digital dental lab.
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| domain | founded_year | HQ Location |
Provider of digital solutions for the global dental market
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| domain | founded_year | HQ Location |
Manufacturer of intraoral 3D scanners
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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 Medit
Frequently Asked Questions about Medit
When was Medit founded?
Medit was founded in 2000.
Where is Medit located?
Medit is headquartered in Seoul, South Korea.
Who is the current CEO of Medit?
Han Ryu is the current CEO of Medit.
What does Medit do?
Medit was founded in 2000 and is headquartered in Seoul, South Korea. Operations focus on the digital dentistry sector, where intraoral scanners are supplied for use in clinics and dental laboratories. Software solutions are developed to handle dental operations management, 3D scanning, model creation, and data conversion processes. Training resources and user support are also offered to facilitate implementation in dental workflows.
Who are Medit's investors?
Medit has 1 investor. Key investors include MBK Partners.
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