MedSciNet

Stockholm, Sweden Founded: 1995 • Age: 31 yrs Acquired By Omda
Web-based software for clinical trials and medical studies is provided.

About MedSciNet

MedSciNet is a Healthcare company based in Stockholm (Sweden) founded in 1995, and was acquired by Omda in May 2021. It operates as a web-based software for clinical trials and medical studies is provided. Its website medscinet.com draws about 26 thousand monthly visits. MedSciNet offers products and services including Omda Research and Omda Health Intelligence. Its focus areas include HealthTech, Life Sciences Tech, Research & Development and Clinical Trials. Its legal entity is Omda AS. Its competitors include Medidata, Verily, TriNetX, Signant Health and WIRB-Copernicus Group and 4 more; 7 of its 9 listed competitors have raised funding.

Company details

MedSciNet was founded in 1995 in Stockholm, Sweden, and operates within the academic medicine sector. Web applications and online database systems are designed and developed for clinical trials, quality registries, medical biobanks, and related areas. Tools such as MedSciNet Builder for creating trial applications, MedSciNet Tracker for managing multiple trials in organizations, and MedSciNet Planner for clinical trial support units are offered to researchers and institutions.

Key Metrics

Products & Services of MedSciNet

MedSciNet offers a comprehensive portfolio of products and services, including Omda Research and Omda Health Intelligence.

Omda Research
Clinical Trial Software

Software for managing clinical trials and data analysis.

Omda Health Intelligence
Data Analytics Platform

Tools for healthcare data insights and decision support.

Funding Insights of MedSciNet

  • Total Rounds 1
  • Last Round Grant β€” $131,508
  • First Round $131,508

    (Jan 2016)

  • Investors Count 1

All 1 funding rounds of MedSciNet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2016$131,508Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in MedSciNet

MedSciNet has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Omda.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
Regulatory and security compliant software solutions are provided by Omda.
1999omda.comOslo, Norway
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Investor details for MedSciNet

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of MedSciNet

3 dated milestones of MedSciNet across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded MedSciNet is founded.
  2. Funding First funding round of $132K.
  3. Exit Acquired by Omda.

Competitors of MedSciNet

MedSciNet has 9 listed competitors in our database, 7 of them funded. They include Medidata, Verily, TriNetX, Signant Health and WIRB-Copernicus Group, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
medidata.com1999New York, United States$41.5M1,677
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
verily.com2015Dallas, United States$2.5B–
AI-based solutions for health management are provided.
trinetx.com2013Cambridge, United States$53M95
Clinical trial management software is provided for researchers and professionals.
signanthealth.com2000Plymouth Meeting, United States––
Signant Health is engaged in providing clinical trial technology solutions.
wcgclinical.com2012Princeton, United States–229
Regulatory and ethical review services for clinical research are provided.
deep6.ai2013Pasadena, United States$54.79M41
AI enabled solutions for clinical trials
clinicalink.com2006Winston-salem, United States$13.15M283
Paperless eSource and patient engagement solutions for clinical trials
massivebio.com2014New York, United States$14.13M–
Provider of AI-based clinical trial management tool
farohealth.com2019San Diego, United States$35M20
Faro Health is focused on digital clinical trial protocol design.
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Detailed competitors of MedSciNet

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of MedSciNet

The website of MedSciNet (medscinet.com) receives about 26K visits a month.

  • Monthly visits
    26K

    ▼ 9.4% vs previous month

Top companies in Life Sciences Platforms & Tools

10 companies that operate in the same segment as MedSciNet (Life Sciences Platforms & Tools), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
1999New York, New York, United StatesUSD 41.5 M––
AI-based solutions for health management are provided.
2015Dallas, Texas, United StatesUSD 2.8 B–1,111
Nanopore-based electronic systems for single-molecule analysis are developed.
2005Oxford, Oxfordshire, United KingdomUSD 1.34 BUSD 301.49 M1,372
Real-world health data is provided for research and decisions.
2012Menlo Park, California, United StatesUSD 259.16 M––
Genetically modified cell lines are developed using AAV gene-editing platform.
2007Cambridge, Cambridgeshire, United KingdomUSD 46.29 M––
Biological reagents and antibodies are developed for life science research.
1998Cambridge, Cambridgeshire, United KingdomUSD 78.8 M––
Electron microscopy services and microanalysis instruments are provided.
1956Waltham, Massachusetts, United States–USD 44.56 B125,000
Novel therapeutics are discovered using an AI-enabled drug platform.
2013New York, New York, United StatesUSD 456.66 MUSD 74.68 M–
A platform for sharing and accessing academic research papers is provided.
2008San Francisco, California, United StatesUSD 58.4 M––
Developer of molecular diagnostic testing solutions
1996Sunnyvale, California, United StatesUSD 19.1 MUSD 54.88 M208
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Frequently Asked Questions about MedSciNet

MedSciNet was founded in 1995 and raised its 1st funding round 21 years after it was founded.

MedSciNet is headquartered in Stockholm, Sweden.

MedSciNet was founded in 1995 in Stockholm, Sweden, and operates within the academic medicine sector. Web applications and online database systems are designed and developed for clinical trials, quality registries, medical biobanks, and related areas. Tools such as MedSciNet Builder for creating trial applications, MedSciNet Tracker for managing multiple trials in organizations, and MedSciNet Planner for clinical trial support units are offered to researchers and institutions.

MedSciNet's top competitors include Medidata, Verily and Deep 6 AI.

MedSciNet offers Omda Research and Omda Health Intelligence.

MedSciNet has 2 investors. Key investors include European Union, and Omda.

MedSciNet operates through Omda As.

Yes. MedSciNet was acquired by Omda in May 2021.

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