MedMinder Systems

Needham, United States Founded: 2008 • Age: 18 yrs Acquired By PersonalRX
Medication adherence is monitored via smart pillbox organizers.

About MedMinder Systems

MedMinder Systems is a Healthcare company based in Needham (United States) founded in 2008, and was acquired by PersonalRX in April 2023. Medication adherence is monitored via smart pillbox organizers. MedMinder Systems has raised $62.7 million across 12 funding rounds from investors including HHS, SWK Holdings and PersonalRX. Its website medminder.com draws about 12 thousand monthly visits. MedMinder Systems offers products and services including Automatic Pill Dispenser, Mobile App, Data Services, and Cloud Technology. Its focus areas include HealthTech, Disease Self Management, Medication Adherence and Device. Its legal entity is Medminder Systems, Inc. Its competitors include Wellth, Cureatr and Phil; 3 of its 3 listed competitors have raised funding.

Company details

MedMinder Systems provides a smart pillbox organizer for monitoring medication adherence. The organizer box contains some small boxes which can contain medicine dosage for the week. The product blinks and sends an alarm on the connected app at the time of dose, to remind the user to take medicines. The report of consumption is sent to the doctors, family members, and care providers. The companys products include Electronic Pill Dispenser, Automatic Pill Dispenser, Locked Pill Dispenser, and more.

  • Headquarters Needham, United States
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website medminder.com
  • Social LinkedIn X Facebook YouTube
  • Acquired by PersonalRX (Apr 2023)
  • Legal Name Medminder Systems, Inc.
Key Metrics
  • Total Equity Funding
    $62.7M (USD)

    in 12 rounds

  • Latest Funding Round
    $11.5M (USD), Series C

    Apr 2024

  • Investors
    HHS

    & 5 more

  • Acquired by
    PersonalRX

    (Apr 2023)

Products & Services of MedMinder Systems

MedMinder Systems offers a comprehensive portfolio of products and services, including Automatic Pill Dispenser, Mobile App, Data Services, and Cloud Technology.

Automatic Pill Dispenser
Hardware

Device for organizing and dispensing medications on schedule.

Mobile App
Software

App for tracking medication intake and health insights.

Data Services
Analytics

Services providing personalized insights from user data.

Cloud Technology
Infrastructure

Platform for secure and scalable health data management.

Apps and channels of MedMinder Systems

its YouTube channel MedMinder has 66 subscribers and 23 videos.

MedMinder
YouTube 66 subscribers 23 videos Howto & Style
Open channel

Videos from MedMinder Systems

The most watched videos on MedMinder Systems's YouTube channel, MedMinder (66 subscribers). Click a video to play it here.

MedMinder Pharmacy
9.2K views
MedMinder Pill Dispenser (Video for Caregiver)
7.5K views
MedMinder Pharmacy (Video for User (English))
1.3K views
MedMinder Pill Dispenser (Video for User (English))
950 views

More on MedMinder.

Funding Insights of MedMinder Systems

MedMinder Systems has successfully raised a total of $62.7M across 12 strategic funding rounds. The most recent funding activity was a Series C round of $11.5 million completed in April 2024. 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 $62.7M
  • Total Rounds 12
  • Last Round Series C β€” $11.5M
  • First Round $500,000

    (Jun 2008)

  • Investors Count 5

Latest 10 of 12 funding rounds of MedMinder Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2024$11.5MSeries C––
–
Aug 2022$35MDebt – Conventional––
Mar 2021$40MSeries C–Accelmed
Sep 2019$6.5MSeries B––
–
Nov 2017$610,247Series A––
–
Nov 2016$1.35MSeries A–Trinnovate Ventures
–
Sep 2012$124,936Seed––
–
Mar 2012$850,000Seed––
–
Jun 2010$427,628Grant––
Jun 2010$427,628Grant––
Valuation history

6 investors in total: 6 institutional.

Investors in MedMinder Systems

MedMinder Systems has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS, SWK Holdings and PersonalRX.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
accelmed.com
arkinholdings.com
trinnovateventures.com
Investments and advisory services are provided by the holding company.
2009swkhold.comDallas, United States
Public health and human services are overseen by HHS.
1953hhs.gov
Provider of medication management software and services for patients and healthcare providers
2011personalrx.comEast Rutherford, United States
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Investor details for MedMinder Systems

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People of MedMinder Systems

1 people are tracked at MedMinder Systems (1 in team).

NameRoleGroup
Ethan Davis
General CounselTeam
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Complete people profiles for MedMinder Systems

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Timeline of MedMinder Systems

4 dated milestones of MedMinder Systems across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded MedMinder Systems is founded.
  2. Funding First funding round of $500K.
  3. Exit Acquired by PersonalRX.
  4. Funding Latest funding round, Series C, of $11.5M.

Competitors of MedMinder Systems

MedMinder Systems has 3 listed competitors in our database, 3 of them funded. They include Wellth, Cureatr and Phil.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wellthapp.com2014Brooklyn, United States$73.12M65
Provides AI and cloud-based platform for doctors for patient engagement and care
cureatr.com2011New York, United States$40.75M
Cloud-based medication management software is provided for healthcare providers.
phil.us2015San Francisco, United States$105.54M99
Prescription drugs refill management solutions
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Detailed competitors of MedMinder Systems

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

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Verified entity values are shown only after access is granted.

Web traffic of MedMinder Systems

The website of MedMinder Systems (medminder.com) receives about 11.7K visits a month.

  • Monthly visits
    11.7K

    ▲ 65.2% vs previous month

Similar websites

Websites whose visitors overlap most with MedMinder Systems. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
techenhancedlife.com
techenhancedlife.com
100%
#2,171,100–
herohealth.com
90%
193.8K#219,222View details
epill.com
62%
680.7K#2,289,241View details
lifelinesys.com
lifelinesys.com
61%
–
epicrehab.com
epicrehab.com
52%
#13,978,360–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for MedMinder Systems

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 9 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Pharmacy & Healthcare Retail Systems

3 companies that operate in the same segment as MedMinder Systems (Pharmacy & Healthcare Retail Systems) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Alto Pharmacy is focused on providing convenient prescription delivery services.
2015San Francisco, California, United StatesUSD 591.64 M802
Optum is recognized as a leading health solution and care delivery organization.
2011Eden Prairie, Minnesota, United StatesUSD 250 KUSD 383.36 M140
Materials management and business analytics solutions for healthcare are provided.
1992Mountain View, California, United StatesUSD 20 MUSD 1.18 B3,670
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Related news about Medminder Systems

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Complete news archive for MedMinder Systems

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Frequently Asked Questions about MedMinder Systems

MedMinder Systems was founded in 2008.

MedMinder Systems is headquartered in Needham, United States. It is registered at Needham, Massachusetts, United States.

MedMinder Systems is a funded company, having raised a total of $62.7M across 12 funding rounds to date. The company's 1st funding round was a Grant of $427.63K, raised on Jun 2008.

MedMinder Systems provides a smart pillbox organizer for monitoring medication adherence. The organizer box contains some small boxes which can contain medicine dosage for the week. The product blinks and sends an alarm on the connected app at the time of dose, to remind the user to take medicines. The report of consumption is sent to the doctors, family members, and care providers. The companys products include Electronic Pill Dispenser, Automatic Pill Dispenser, Locked Pill Dispenser, and more.

MedMinder Systems's top competitors include Wellth, Phil and Cureatr.

MedMinder Systems offers Automatic Pill Dispenser, Mobile App, Data Services, and Cloud Technology.

MedMinder Systems has 6 investors. Key investors include HHS, SWK Holdings, PersonalRX, Accelmed, and Arkin Holdings.

MedMinder Systems operates through Medminder Systems, Inc..

Yes. MedMinder Systems was acquired by PersonalRX in April 2023.

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