About Medocity
Medocity is a company based in Morristown (United States) founded in 2012.. Medocity has raised $16.12 million across 7 funding rounds. The company has 37 employees as of December 31, 2021. Medocity operates in a competitive market with competitors including Verily, Wellframe, Memora Health, MD Revolution and Medlinker, among others.
- Headquarter Morristown, United States
- Employees 37 as on 31 Dec, 2021
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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 Medocity, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.12 M (USD)
in 7 rounds
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Latest Funding Round
$500 K (USD), Series A
Sep 08, 2022
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Investors
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Employee Count
37
as on Dec 31, 2021
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Funding Insights of Medocity
Medocity has successfully raised a total of $16.12M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $500 thousand completed in September 2022. 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 7
- Last Round Series A — $500,000
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First Round
First Round
(27 Sep 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series A - Medocity | Valuation |
investors |
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| Dec, 2020 | Amount | Series A - Medocity | Valuation |
investors |
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| Oct, 2016 | Amount | Seed - Medocity | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Medocity
| 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 - Medocity
| 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 |
Medocity Comparisons
Competitors of Medocity
Medocity 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 Verily, Wellframe, Memora Health, MD Revolution and Medlinker, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based solutions for health management are provided.
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| domain | founded_year | HQ Location |
Mobile and AI-based platform offering support to providers for better patient engagement
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| domain | founded_year | HQ Location |
Mobile messaging platform is utilized for chronic disease management.
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| domain | founded_year | HQ Location |
Predictive analytics SaaS platform for patient engagement is provided.
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| domain | founded_year | HQ Location |
Social networking for healthcare professionals is facilitated by Medlinker.
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| domain | founded_year | HQ Location |
Cloud-based platform for long-term care coordination is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Medocity
Frequently Asked Questions about Medocity
When was Medocity founded?
Medocity was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Medocity located?
Medocity is headquartered in Morristown, United States. It is registered at Morristown, New Jersey, United States.
Is Medocity a funded company?
Medocity is a funded company, having raised a total of $16.12M across 7 funding rounds to date. The company's 1st funding round was a Seed of $675K, raised on Sep 27, 2013.
How many employees does Medocity have?
As of Dec 31, 2021, the latest employee count at Medocity is 37.
What does Medocity do?
Medocity was founded in 2012 in Morristown, United States, within the health technology sector. A mobile app and web platform are offered to support post-operative management and preventive care for chronic patients. Treatment progress, symptoms, medications, nutrition, and medical records are tracked and coordinated through these tools. Remote assistance from physicians and caretakers is facilitated to ensure ongoing patient monitoring and support.
Who are the top competitors of Medocity?
Medocity's top competitors include Verily, Memora Health and Wellframe.
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