About Medl
Medl is a Financial Services company based in Durham (United States) founded in 2013. Virtual health insurance cards and patient connectivity apps are provided. It operates in the Financial Services and Healthcare sectors. Medl has raised $448 thousand across 3 funding rounds from investors including MassChallenge, Independence Blue Cross and Dreamit. The company was acqui-hired. Its focus areas include HealthTech, Healthcare Payer Tech, Member Management and Care Management. Its competitors include Pillar, GloveBox and InsuredMine; 3 of its 3 listed competitors have raised funding.
Company details
Offers secure virtual health insurance card. The company has developed an app that connects patients directly with their doctors and insurance companies. The smartphone-based application provides real-time health benefits information, as well as a centralized location for creating, storing, and sharing patients medical data. The application creates a better consumer healthcare experience, allowing patients to check-in directly from their smartphones. The check-in feature shares medical history forms data and displays a real-time cost estimate for that visit. It enables users to see their health insurance benefits information, including co-pays and deductible balances. Patients then have the option to pay for their visit directly from the app using a credit card, bank account, or an HSAFSA. The web-based application for providers enables doctors to give patients upfront cost estimates for a transparent transaction at the point of service.
- Total Equity Funding$448K (USD)
in 3 rounds
- InvestorsMassChallenge
& 2 more
Funding Insights of Medl
Medl has successfully raised a total of $448K across 3 strategic funding rounds. 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 $448,000
- Total Rounds 3
- First Round $198,000
(Jun 2013)
- Investors Count 3
All 3 funding rounds of Medl with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in Medl
Medl has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include MassChallenge, Independence Blue Cross and Dreamit.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage entrepreneurs are accelerated through MassChallenge's program. | masschallenge.org | Boston, United States | ||
Startup accelerator | dreamit.com | New York, United States | ||
Health insurance services are provided by Independence Blue Cross. | ibx.com | Philadelphia, United States |
Investor details for Medl
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Medl
3 dated milestones of Medl across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Medl is founded.
- Funding First funding round of $198K.
- Funding Latest funding round, Grant,.
Competitors of Medl
Medl has 3 listed competitors in our database, 3 of them funded. They include Pillar, GloveBox and InsuredMine.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pillar.app | 2018 | New York, United States | $5.5M | 8 | Loan management app | |
| gloveboxapp.com | 2019 | Denver, United States | $8.65M | App-based platform for managing personal insurance policies is provided. | ||
| insuredmine.com | 2017 | Plano, United States | $40,000 | Cloud-based insurance policy management is offered to individuals. |
Detailed competitors of Medl
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Medl
Websites that share an audience with Medl (medl.io).
Websites whose visitors overlap most with Medl. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
demo.udthemes.com | demo.udthemes.com | 100% | – | ||
| underbelly.is | 100% | #5,595,774 | View details | ||
| crunchbase.com | 80% | 3.7M | #12,418 | View details | |
mailboxapp.com | mailboxapp.com | 60% | – | ||
| pinboard.in | 60% | #211,523 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Medl
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Insurance Providers
3 companies that operate in the same segment as Medl (Insurance Providers) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of a cloud-based platform for life and P&C insurance | 2015 | New York, New York, United States | USD 644 M | USD 615.2 M | 1,471 | |
Online small business insurance policies are provided. | 2016 | Palo Alto, California, United States | USD 1.12 B | 549 | ||
App-based comparison platform for financial products | 2009 | San Francisco, California, United States | USD 123.3 M | USD 836.6 M | 650 |
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Frequently Asked Questions about Medl
Medl was founded in 2013.
Medl is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Medl is a funded company, having raised a total of $448K across 3 funding rounds to date. The company's 1st funding round was a Seed of $198K, raised on Jun 2013.
Offers secure virtual health insurance card. The company has developed an app that connects patients directly with their doctors and insurance companies. The smartphone-based application provides real-time health benefits information, as well as a centralized location for creating, storing, and sharing patients medical data. The application creates a better consumer healthcare experience, allowing patients to check-in directly from their smartphones. The check-in feature shares medical history forms data and displays a real-time cost estimate for that visit. It enables users to see their health insurance benefits information, including co-pays and deductible balances. Patients then have the option to pay for their visit directly from the app using a credit card, bank account, or an HSAFSA. The web-based application for providers enables doctors to give patients upfront cost estimates for a transparent transaction at the point of service.
Medl's top competitors include GloveBox, InsuredMine and Pillar.
Medl has 3 investors. Key investors include MassChallenge, Independence Blue Cross, and Dreamit.