About MedQ
MedQ is a company based in Plano (United States) founded in 1996 was acquired by Jonas Software in March 2022.. MedQ has raised $181.59 thousand across 1 funding round from investors including Jonas Software and SFC Capital. MedQ offers products and services including Q/ris 3000 Workflow, Q/ris Front Desk, Q/ris Automation, and Q/ris Reporting PLUS+. MedQ operates in a competitive market with competitors including Intelerad, Evolucare, RamSoft, AIkenist and INCEPTO medical, among others.
- Headquarter Plano, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$181.59 K (USD)
in 1 rounds
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Latest Funding Round
$181.59 K (USD), Unspecified
Apr 21, 2023
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Investors
Jonas Software
& 1 more
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Employee Count
Employee Count
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Acquired by
Jonas Software
(Mar 31, 2022)
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Products & Services of MedQ
MedQ offers a comprehensive portfolio of products and services, including Q/ris 3000 Workflow, Q/ris Front Desk, Q/ris Automation, and Q/ris Reporting PLUS+. 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.
Automates radiology processes for efficient imaging management.
Streamlines exam scheduling and patient arrival procedures.
Enhances performance with automated data capture and workflows.
Simplifies report generation and boosts radiologist productivity.
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Funding Insights of MedQ
MedQ has successfully raised a total of $181.59K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $181.59 thousand completed in April 2023. 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 Unspecified — $181,585
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First Round
First Round
(21 Apr 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Unspecified - MedQ | Valuation | SFC Capital |
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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 |
Investors in MedQ
MedQ has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Jonas Software and SFC Capital. 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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Introductions between investors and early-stage companies are facilitated for funding.
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Founded Year | Domain | Location | |
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Enterprise management software is provided to hospitality and industry verticals.
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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 MedQ
| 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 - MedQ
| 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 |
Medq Comparisons
Competitors of MedQ
MedQ 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 Intelerad, Evolucare, RamSoft, AIkenist and INCEPTO medical, 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 |
Medical imaging solutions are provided for radiologists' diagnosis needs.
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| domain | founded_year | HQ Location |
Software for critical care and medical imaging management is provided.
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| domain | founded_year | HQ Location |
Medical imaging and radiology workflow solutions are developed by RamSoft.
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| domain | founded_year | HQ Location |
An AI-based software suite for radiology diagnosis workflows is provided.
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| domain | founded_year | HQ Location |
AI solutions for medical imaging in emergency departments are provided.
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| domain | founded_year | HQ Location |
AI-based medical image management solutions are offered for organizations.
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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 Medq
Frequently Asked Questions about MedQ
When was MedQ founded?
MedQ was founded in 1996 and raised its 1st funding round 27 years after it was founded.
Where is MedQ located?
MedQ is headquartered in Plano, United States. It is registered at Plano, Texas, United States.
Is MedQ a funded company?
MedQ is a funded company, having raised a total of $181.59K across 1 funding round to date. The company's 1st funding round was a Unspecified of $181.59K, raised on Apr 21, 2023.
What does MedQ do?
medW offers radiology workflow informatics solution. Q RIS 3000 is a radiology information system and has modules to support ordering and scheduling, technician workflow management, automatic generation of exam specific worksheets for technologist notes and annotations, real-time editing, modifying or rescheduling of exams at any point in the process, patient reporting, mammography tracking, billing, clinical test result management and documentation, image management, EHR, and mobile imaging. Physicians Desktop allows users to register patients, order exams, check patient status, and viewprint final reports and images with a Web browser and a standard Internet connection. It is ONC - ATCB certified.
Who are the top competitors of MedQ?
What products or services does MedQ offer?
MedQ offers Q/ris 3000 Workflow, Q/ris Front Desk, Q/ris Automation, and Q/ris Reporting PLUS+.
Who are MedQ's investors?
MedQ has 2 investors. Key investors include Jonas Software, and SFC Capital.