About MeDKAD
MeDKAD is a company based in Shah Alam (Malaysia) founded in 2016 by Fareez Idham, Ezuan Yaacob, Abdul Malik Bin Abdul Rahim, and Azlan Shah.. MeDKAD has raised $336.98 thousand across 5 funding rounds from investors including Yayasan Inovasi Malaysia, TERAJU and Cradle Fund. MeDKAD offers products and services including Medkad Mobile Application, Automation System, and Data Analytics Dashboard. MeDKAD operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others.
- Headquarter Shah Alam, Malaysia
- Founders Fareez Idham, Ezuan Yaacob, Abdul Malik Bin Abdul Rahim, Azlan Shah
- Stage Minicorn
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Sectors
TechnologyHealthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Medkad Sdn Bhd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$336.98 K (USD)
in 5 rounds
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Latest Funding Round
$261.6 K (USD), Seed
May 01, 2019
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Investors
Yayasan Inovasi Malaysia
& 2 more
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Employee Count
Employee Count
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Products & Services of MeDKAD
MeDKAD offers a comprehensive portfolio of products and services, including Medkad Mobile Application, Automation System, and Data Analytics Dashboard. 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.
App for submitting claims and monitoring medical benefits in real time.
System for automating claim processing and generating utilization reports.
Dashboard for viewing and exporting personalized health data analytics.
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Funding Insights of MeDKAD
MeDKAD has successfully raised a total of $336.98K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $261.6 thousand completed in May 2019. 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 5
- Last Round Seed — $261,600
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First Round
First Round
(01 Dec 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Seed - MeDKAD | Valuation |
investors |
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| May, 2018 | Amount | Angel Round - MeDKAD | Valuation |
investors |
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| May, 2018 | Amount | Grant - MeDKAD | Valuation |
investors |
| 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 MeDKAD
MeDKAD has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Yayasan Inovasi Malaysia, TERAJU and Cradle Fund. 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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Early-stage startups are supported through funding and initiatives.
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Founded Year | Domain | Location | |
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A Malaysian agency focused on social and grassroots innovation development.
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Founded Year | Domain | Location | |
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TERAJU is focused on scaling Bumiputera companies for global competitiveness.
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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 MeDKAD
| 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 - MeDKAD
| 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 |
Medkad Comparisons
Competitors of MeDKAD
MeDKAD 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 Hinge Health, Practo, Accolade, Sharecare and Spendesk, 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 |
Virtual physical therapy and digital pain care solutions are provided.
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| domain | founded_year | HQ Location |
Doctor appointments are booked and healthcare professionals are consulted online.
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| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Health and wellness social network for employees is provided.
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| domain | founded_year | HQ Location |
Provider of prepaid cards for financial benefits of employees
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| domain | founded_year | HQ Location |
Employee health and well-being solutions are delivered through a platform.
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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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Frequently Asked Questions about MeDKAD
When was MeDKAD founded?
MeDKAD was founded in 2016.
Where is MeDKAD located?
MeDKAD is headquartered in Shah Alam, Malaysia. It is registered at Shah Alam, Selangor, Malaysia.
Who is the current CEO of MeDKAD?
Ezuan Yaacob is the current CEO of MeDKAD. They have also founded this company.
Is MeDKAD a funded company?
MeDKAD is a funded company, having raised a total of $336.98K across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $75.38K, raised on Dec 01, 2016.
What does MeDKAD do?
MedKad was founded in 2016 in Shah Alam, Malaysia, within the employee healthcare benefits sector. Tools for companies to oversee staff medical benefits are offered, including a dashboard for summaries, real-time monitoring, and claim settlements. Access to electronic patient records is enabled via a dedicated mobile application. Operations center on streamlining benefit administration for corporate clients.
Who are the top competitors of MeDKAD?
MeDKAD's top competitors include Accolade, Hinge Health and Wellhub.
What products or services does MeDKAD offer?
MeDKAD offers Medkad Mobile Application, Automation System, and Data Analytics Dashboard.
Who are MeDKAD's investors?
MeDKAD has 3 investors. Key investors include Yayasan Inovasi Malaysia, TERAJU, and Cradle Fund.
What is MeDKAD's valuation?
The valuation of MeDKAD is $2.62M as of May 2019.
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