About MEDO
MEDO is a company based in Edmonton (Canada) founded in 2017 by Jeevesh Kapur, Dornoosh Zonoobi, and Jacob Jaremko was acquired by Exo in July 2022.. The company has 22 employees as of December 31, 2024. MEDO operates in a competitive market with competitors including Butterfly Network, Exo, SonoSite, Zonare Medical Systems and TechsoMed, among others.
- Headquarter Edmonton, Canada
- Employees 22 as on 31 Dec, 2024
- Founders Jeevesh Kapur, Dornoosh Zonoobi, Jacob Jaremko
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Ndr Medical Technology Private Limited
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Funding Insights of MEDO
| 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 MEDO
MEDO has secured backing from 1 investor. Prominent investors backing the company include Exo. 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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Ultrasound images are analyzed via AI-based software provided by Exo.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location | |
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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 MEDO
| 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 - MEDO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Medo Comparisons
Competitors of MEDO
MEDO 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 Butterfly Network, Exo, SonoSite, Zonare Medical Systems and TechsoMed, 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 |
Handheld ultrasound devices are developed for whole-body medical imaging.
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| domain | founded_year | HQ Location |
Ultrasound images are analyzed via AI-based software provided by Exo.
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| domain | founded_year | HQ Location |
Hand-carried ultrasound systems for medical specialties are developed and distributed.
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| domain | founded_year | HQ Location |
Portable ultrasound systems are developed and provided for medical use.
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| domain | founded_year | HQ Location |
Ultrasound-based monitoring systems for thermal ablation procedures are developed.
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| domain | founded_year | HQ Location |
UV-C disinfection systems for ultrasound probes are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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 Medo
Frequently Asked Questions about MEDO
When was MEDO founded?
MEDO was founded in 2017.
Where is MEDO located?
MEDO is headquartered in Edmonton, Canada. It is registered at Edmonton, Alberta, Canada.
Who is the current CEO of MEDO?
Dornoosh Zonoobi is the current CEO of MEDO. They have also founded this company.
How many employees does MEDO have?
As of Dec 31, 2024, the latest employee count at MEDO is 22.
What is the annual revenue of MEDO?
Annual revenue of MEDO is $189.23K as on Dec 31, 2018.
What does MEDO do?
MEDO was founded in 2017 in Edmonton, Canada, within the health technology sector. Cloud-based 3D ultrasound devices augmented by AI are developed for diagnosing critical conditions at the point of care. Operations focus on integrating AI, cloud computing, and 3D imaging technologies to support diagnostics. Sponsors including SGInnovate, Elev8.vc, Amii, and Wavemaker have backed the company. Co-founders consist of Jeevesh Kapur, Dornoosh Zonoobi as CEO, and Jacob Jaremko as CTO.
Who are the top competitors of MEDO?
MEDO's top competitors include Butterfly Network, Exo and TechsoMed.
Who are MEDO's investors?
MEDO has 1 investor. Key investors include Exo.