About MedManage Systems
MedManage Systems is a Healthcare company based in Bothell (United States) founded in 1999, and was acquired by Physicians Interactive in April 2009. Online prescription drug sampling solutions. MedManage Systems has raised $14 million across 3 funding rounds from investors including Tredegar, Physicians Interactive and Lilly Ventures. Its focus areas include HealthTech, Life Sciences Tech, Sales & Marketing and Life Sciences. Its legal entity is MedManage Systems Inc. Its competitors include IMS Health, Axtria and IntegriChain; 2 of its 3 listed competitors have raised funding.
Company details
MedManage Systems was founded in 1999 in Bothell, United States, within the healthcare technology sector. Online drug sampling services are offered through the Samples On Demand platform, which connects pharmaceutical manufacturers with prescribers via physician portals for sample requests and office deliveries. Additional solutions include web-based sample management, digital marketing tools, mobile platforms, physician data analytics, and relationship management systems. The company was acquired by Physicians Interactive in 2009.
- Headquarters Bothell, United States
- Stage Acquired
- SectorsHealthcare
- Website medmanagesystems.com
- Acquired by Physicians Interactive (Apr 2009)
- Legal Name Medmanage Systems Inc
- Total Equity Funding$14M (USD)
in 3 rounds
- Latest Funding Round$5M (USD), Series E
Aug 2007
- InvestorsTredegar
& 5 more
- Acquired byPhysicians Interactive
(Apr 2009)
Funding Insights of MedManage Systems
MedManage Systems has successfully raised a total of $14M across 3 strategic funding rounds. The most recent funding activity was a Series E round of $5 million completed in August 2007. 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 $14M
- Total Rounds 3
- Last Round Series E — $5M
- First Round $3M
(Jul 2001)
- Investors Count 5
All 3 funding rounds of MedManage Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2007 | $5M | Series E | – | – | |
| Apr 2004 | $6M | Series C | – | – | |
| Jul 2001 | $3M | Series A | – | – |
6 investors in total: 6 institutional.
Investors in MedManage Systems
MedManage Systems has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Tredegar, Physicians Interactive and Lilly Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage life sciences investments are targeted in the healthcare sector. | lillyventures.com | Indianapolis, United States | ||
VC firm investing in the US | prismventure.com | Westwood, United States | ||
Expansion stage tech-focused VC firm investing primarily in the US | questm.com | Baltimore, United States | ||
Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999. | versantventures.com | |||
Plastic films and aluminum products are manufactured by Tredegar. | 1988 | tredegar.com | Chesterfield, United States | |
Medical and pharmaceutical information is delivered to physicians and professionals. | 1999 | physiciansinteractive.com | Reading, United States |
Investor details for MedManage Systems
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Timeline of MedManage Systems
4 dated milestones of MedManage Systems across 10 years, from founding to its latest funding, stage changes and deals.
- Founded MedManage Systems is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series E, of $5.0M.
- Exit Acquired by Physicians Interactive.
Competitors of MedManage Systems
MedManage Systems has 3 listed competitors in our database, 2 of them funded. They include IMS Health, Axtria and IntegriChain.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| imshealth.com | 1954 | Danbury, United States | 17,574 | SaaS and AI-based market intelligence is provided for healthcare companies. | ||
| axtria.com | 2009 | Berkeley Heights, United States | $198.74M | 749 | Data analytics and AI solutions are provided for life sciences. | |
| integrichain.com | 2005 | Philadelphia, United States | $2M | 320 | Inventory, order and customer relationship management solution for life science suppliers. |
Detailed competitors of MedManage Systems
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Top companies in Life Sciences Platforms & Tools
3 companies that operate in the same segment as MedManage Systems (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Medidata is recognized as a leading provider of SaaS solutions for clinical research. | 1999 | New York, New York, United States | USD 41.5 M | |||
AI-based solutions for health management are provided. | 2015 | Dallas, Texas, United States | USD 2.8 B | 1,111 | ||
Real-world health data is provided for research and decisions. | 2012 | Menlo Park, California, United States | USD 259.16 M |
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Related news about Medmanage Systems
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Frequently Asked Questions about MedManage Systems
MedManage Systems was founded in 1999 and raised its 1st funding round 2 years after it was founded.
MedManage Systems is headquartered in Bothell, United States. It is registered at Bothell, Washington, United States.
MedManage Systems is a funded company, having raised a total of $14M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Jul 2001.
MedManage Systems was founded in 1999 in Bothell, United States, within the healthcare technology sector. Online drug sampling services are offered through the Samples On Demand platform, which connects pharmaceutical manufacturers with prescribers via physician portals for sample requests and office deliveries. Additional solutions include web-based sample management, digital marketing tools, mobile platforms, physician data analytics, and relationship management systems. The company was acquired by Physicians Interactive in 2009.
MedManage Systems's top competitors include Axtria, IntegriChain and IMS Health.
MedManage Systems has 6 investors. Key investors include Tredegar, Physicians Interactive, Lilly Ventures, Prism Venture Partners, and QuestMark Partners.
MedManage Systems operates through Medmanage Systems Inc.
Yes. MedManage Systems was acquired by Physicians Interactive in April 2009.