About Mednition
Mednition is a company based in Burlingame (United States) founded in 2014 by Christian Reilly and Steven Reilly.. Mednition has raised $10 million across 1 funding round from investors including CHP Merger Corp. Mednition offers products and services including KATE Triage, KATE Sepsis, and Clinical Data Engine. Mednition operates in a competitive market with competitors including Agamon, Digital Reasoning, MaxQ-AI, Cybexys and Biocogniv, among others.
- Headquarter Burlingame, United States
- Founders Christian Reilly, Steven Reilly
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Mednition
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Dec 04, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of Mednition
Mednition offers a comprehensive portfolio of products and services, including KATE Triage, KATE Sepsis, and Clinical Data Engine. 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.
Real-time tool for identifying high-risk patients in emergency settings.
AI for early sepsis detection and risk mitigation in hospitals.
System for turning healthcare data into actionable insights.
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Funding Insights of Mednition
Mednition has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in December 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 1
- Last Round Series A — $10.0M
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First Round
First Round
(04 Dec 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2019 | Amount | Series A - Mednition | Valuation | Concord Health Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Mednition
Mednition has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CHP Merger Corp. 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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Invests in healthcare IT and services to advance patient care and efficiency.
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mednition
| 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 - Mednition
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Mednition Comparisons
Competitors of Mednition
Mednition 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 Agamon, Digital Reasoning, MaxQ-AI, Cybexys and Biocogniv, 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 |
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| domain | founded_year | HQ Location |
Clinical data analytics are delivered via an AI cloud platform.
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AI-based consumer behavior analysis is offered for financial institutions.
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| domain | founded_year | HQ Location |
Offers AI-based decision support tools for healthcare professionals to improve outcomes.
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| domain | founded_year | HQ Location |
AI-based decision support solution for healthcare professionals
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| domain | founded_year | HQ Location |
AI-based software for COVID-19 diagnosis via blood tests is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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Latest news on Mednition
Frequently Asked Questions about Mednition
When was Mednition founded?
Mednition was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is Mednition located?
Mednition is headquartered in Burlingame, United States. It is registered at Burlingame, California, United States.
Who is the current CEO of Mednition?
Steven Reilly is the current CEO of Mednition. They have also founded this company.
Is Mednition a funded company?
Mednition is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Dec 04, 2019.
What does Mednition do?
Mednition provides a platform to transform EHR Data Into, real-time clinical decision support. The solutions provided are clinical data engine, KATE, clinical training platform. Clinical data engine stores and provides access to patient records in a cloud-based data repository for analytics, dashboards, research, and operational improvement. KATE combines clinical expertise and learnings informed by more than 10 billion data points to predict the emergency department patients. Clinical training platform delivers personalized clinical cases right to the clinicians personal devices.
Who are the top competitors of Mednition?
Mednition's top competitors include Agamon, Digital Reasoning and Cybexys.
What products or services does Mednition offer?
Mednition offers KATE Triage, KATE Sepsis, and Clinical Data Engine.
Who are Mednition's investors?
Mednition has 1 investor. Key investors include CHP Merger Corp.
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