About Medscape
Medscape is a company based in New York (United States) founded in 1996 by Peter Frishauf.. Medscape has raised $21 million across 1 funding round from investors including Hearst, Weston Presidio and Highland Capital Partners. Medscape has completed 1 acquisition, including TheraSim. Medscape offers products and services including Medical News Platform, CME Education Tools, and Drug and Disease Database. Medscape operates in a competitive market with competitors including NHS Choices, WebMD, Everyday Health, MyUpchar and HealthCentral, among others.
- Headquarter New York, United States
- Founders Peter Frishauf
- Stage Public
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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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Products & Services of Medscape
Medscape offers a comprehensive portfolio of products and services, including Medical News Platform, CME Education Tools, and Drug and Disease Database. 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.
Provides updates on medical news and clinical trials for professionals
Offers continuing medical education and expert commentaries
Delivers guidelines and disease information for clinical use
Funding Insights of Medscape
Medscape has successfully raised a total of $21M through 1 strategic funding round. The most recent funding activity was a Series B round of $21 million completed in March 1999. 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 B — $21.0M
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First Round
First Round
(18 Mar 1999)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 1999 | Amount | Series B - Medscape | Valuation | Weston Presidio , Highland Capital Partners |
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Medscape
Medscape has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Hearst, Weston Presidio and Highland Capital Partners. 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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Growth-stage companies are targeted for private equity investments.
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Venture capital investment and entrepreneur support services.
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Media conglomerate
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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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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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Investments & Acquisitions by Medscape
Medscape has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TheraSim. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of a virtual simulation tool for healthcare professionals
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Medscape
| 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 |
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Medscape Comparisons
Competitors of Medscape
Medscape 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 NHS Choices, WebMD, Everyday Health, MyUpchar and HealthCentral, 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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Provider of multiple healthcare services for patients
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Provider of online health-related information and learning platform for patients and providers
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Health & wellness information platform
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Health information portal is provided online in 13 Indian languages.
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Healthcare information portal for medical information
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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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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Medscape
Frequently Asked Questions about Medscape
When was Medscape founded?
Medscape was founded in 1996 and raised its 1st funding round 3 years after it was founded.
Where is Medscape located?
Medscape is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Medscape a funded company?
Medscape is a funded company, having raised a total of $21M across 1 funding round to date. The company's 1st funding round was a Series B of $21M, raised on Mar 18, 1999.
What does Medscape do?
Founded in 1996 and based in New York, United States, Medscape operates as a subsidiary of WebMD Health Corp. in the medical information sector. Online resources covering specialties such as cardiology, oncology, neurology, and public health are provided to physicians, nurses, and other professionals. Educational tools and clinical updates are delivered digitally to support primary care and specialized practices across various medical fields.
Who are the top competitors of Medscape?
Medscape's top competitors include NHS Choices, Everyday Health and WebMD.
What products or services does Medscape offer?
Medscape offers Medical News Platform, CME Education Tools, and Drug and Disease Database.
How many acquisitions has Medscape made?
Medscape has made 1 acquisition, including TheraSim.
Who are Medscape's investors?
Medscape has 3 investors. Key investors include Hearst, Weston Presidio, and Highland Capital Partners.
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