About MedRhythms
MedRhythms is a company based in Boston (United States) founded in 2013.. MedRhythms has raised $59.95 million across 6 funding rounds from investors including Morningside, Advantage Capital and The Werth Family Foundation. The company has 34 employees as of December 31, 2024. MedRhythms offers products and services including InTandem and Digital Therapeutics Platform. MedRhythms operates in a competitive market with competitors including HyperIce, Mainstay Medical, KT Tape, Neofect and nyra health, among others.
- Headquarter Boston, United States
- Employees 34 as on 31 Dec, 2024
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Sectors
HealthcareTechnology
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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 Medrhythms, 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
$59.95 M (USD)
in 6 rounds
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Latest Funding Round
$2.88 M (USD), Series B
Mar 28, 2025
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Investors
Morningside
& 8 more
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Employee Count
34
as on Dec 31, 2024
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Products & Services of MedRhythms
MedRhythms offers a comprehensive portfolio of products and services, including InTandem and Digital Therapeutics Platform. 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.
Prescription platform improving walking for neurological conditions
Uses music and sensors to target brain health in various disorders
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Funding Insights of MedRhythms
MedRhythms has successfully raised a total of $59.95M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $2.88 million completed in March 2025. 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 6
- Last Round Series B — $2.9M
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First Round
First Round
(29 Jun 2018)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series B - MedRhythms | Valuation |
investors |
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| Nov, 2023 | Amount | Series B - MedRhythms | Valuation |
investors |
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| Feb, 2023 | Amount | Series B - MedRhythms | Valuation |
investors |
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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 MedRhythms
MedRhythms has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Morningside, Advantage Capital and The Werth Family Foundation. 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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Multiple sectors are invested in by Morningside, a VC fund.
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Founded Year | Domain | Location | |
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Private equity investment firm
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Founded Year | Domain | Location | |
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A venture capital fund is managed to support innovative startups.
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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 MedRhythms
| 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 - MedRhythms
| 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 |
Medrhythms Comparisons
Competitors of MedRhythms
MedRhythms 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 HyperIce, Mainstay Medical, KT Tape, Neofect and nyra health, 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 |
Internet first brand offering smart devices for physical fitness
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| domain | founded_year | HQ Location |
Provider of rehabilitation solutions for patients and doctors
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| domain | founded_year | HQ Location |
Manufacturer of kinesiology tape and related recovery products. It offers a variety of tapes designed for different needs and activity levels, including options for sensitive skin and specific areas of the body. The product line also includes supporting items such as ice sleeves, pain relief gels, and blister prevention products. The company provides educational resources on proper application techniques and offers a mobile application for further support. The focus is on providing solutions for pain relief, muscle support, and recovery from injuries.
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| domain | founded_year | HQ Location |
Smart rehabilitation devices for neurological injuries are developed by Neofect.
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| domain | founded_year | HQ Location |
Individualized digital therapy for cognitive impairments is offered.
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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 Medrhythms
Frequently Asked Questions about MedRhythms
When was MedRhythms founded?
MedRhythms was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is MedRhythms located?
MedRhythms is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is MedRhythms a funded company?
MedRhythms is a funded company, having raised a total of $59.95M across 6 funding rounds to date. The company's 1st funding round was a Series B of $5.82M, raised on Jun 29, 2018.
How many employees does MedRhythms have?
As of Dec 31, 2024, the latest employee count at MedRhythms is 34.
What does MedRhythms do?
MedRhythms was founded in 2013 in Boston, United States, within the medtech sector. Wearable devices are offered to address neurological injuries and restore walking capabilities. Inertial measurement unit sensors are utilized to assess gait parameters, while proprietary algorithms process this data to modify music in real time. Artificial intelligence is applied to customize the system, enhance performance over time, and generate predictive insights for user groups.
Who are the top competitors of MedRhythms?
MedRhythms's top competitors include HyperIce, Mainstay Medical and KT Tape.
What products or services does MedRhythms offer?
MedRhythms offers InTandem and Digital Therapeutics Platform.
Who are MedRhythms's investors?
MedRhythms has 9 investors. Key investors include Morningside, Advantage Capital, The Werth Family Foundation, MIRAI Innovation Fund, and Global Brain.
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