MedMinder Systems

Needham, United States Founded: 2008 • Age: 18 yrs Acquired By PersonalRX
Medication adherence is monitored via smart pillbox organizers.
Annual revenue - Latest available
Total funding $62.7M 12 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About MedMinder Systems

MedMinder Systems is a company based in Needham (United States) founded in 2008 was acquired by PersonalRX in April 2023. MedMinder Systems has raised $62.7 million across 12 funding rounds from investors including HHS, SWK Holdings and PersonalRX. MedMinder Systems offers products and services including Automatic Pill Dispenser, Mobile App, Data Services, and Cloud Technology. MedMinder Systems operates in a competitive market with competitors including Wellth, Cureatr, Phil, Capsa Healthcare and Spencer Health Solutions, among others.

  • Headquarter Needham, United States
  • Sectors
    Healthcare
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  • Phone
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  • Legal Name Medminder Systems, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $62.7 M (USD)

    in 12 rounds

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

    Apr 26, 2024

  • Investors
    HHS

    & 5 more

  • Employee Count
    Not available
  • Acquired by
    PersonalRX

    (Apr 19, 2023)

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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.

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Primary

Device for organizing and dispensing medications on schedule.

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App for tracking medication intake and health insights.

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Services providing personalized insights from user data.

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Platform for secure and scalable health data management.

People of MedMinder Systems

Headcount 50-200
Employee Profiles 1
Employee Profiles
People
Ethan Davis
General Counsel

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Teams

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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.

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.

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Institutional
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Investor details for MedMinder Systems

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Investments & Acquisitions by MedMinder Systems

Investments
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Investment portfolio details for MedMinder Systems

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Financial Statements - MedMinder Systems

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Detailed financials for MedMinder Systems

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Medminder Systems Comparisons

MedMinder Systems Primary company
Description
Medication adherence is monitored via smart pillbox organize...
Location
Needham, United States
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MedMinder Systems

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Competitors of MedMinder Systems

MedMinder Systems 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 Wellth, Cureatr, Phil, Capsa Healthcare and Spencer Health Solutions, among others.

Company Name Domain Founded year HQ Location Description
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Provides AI and cloud-based platform for doctors for patient engagement and care
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Cloud-based medication management software is provided for healthcare providers.
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Prescription drugs refill management solutions
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Medication management systems are supplied to healthcare providers and pharmacies.
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Devices and apps for medication adherence are provided.
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Cloud-based medication adherence monitoring is provided for healthcare providers.
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Detailed competitors of MedMinder Systems

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Latest news on 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.

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 Capsa Healthcare.

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.

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