About MedScope
MedScope is a company based in Paoli (United States) founded in 1999 by Ray was acquired by Medical Guardian in October 2021. It operates as a HealthTech, and Subscription Services. The company has 41 employees as of December 31, 2022. MedScope offers products and services including Personal Emergency Response Systems (PERS), Fall Detection, and MG Engage360. MedScope operates in a competitive market with competitors including Ekso Bionics, SafelyYou, Eversound, CarePredict and Aloe Care, among others.
- Headquarter Paoli, United States
- Employees 41 as on 31 Dec, 2022
- Founders Ray
-
Sectors
HealthcareTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Medscope America Corporation
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
41
as on Dec 31, 2022
-
Acquired by
Medical Guardian
(Oct 28, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of MedScope
MedScope offers a comprehensive portfolio of products and services, including Personal Emergency Response Systems (PERS), Fall Detection, and MG Engage360. 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.
Devices are provided for emergency response and monitoring.
Optional feature is included for emergency fall alerts.
Solution is offered for health screenings and reminders.
Unlock access to complete
Unlock access to complete
Funding Insights of MedScope
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MedScope
MedScope has secured backing from 1 investor. Prominent investors backing the company include Medical Guardian. 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 |
|---|---|---|---|---|
|
Provider of medical alert system for older adults
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by MedScope
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - MedScope
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medscope Comparisons
Competitors of MedScope
MedScope 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 Ekso Bionics, SafelyYou, Eversound, CarePredict and Aloe Care, 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 |
Exoskeletons for medical rehabilitation and industrial productivity are provided.
|
|
| domain | founded_year | HQ Location |
AI-based fall detection and prevention technology is provided for clinics.
|
|
| domain | founded_year | HQ Location |
Wireless headphone systems for seniors with hearing loss are provided.
|
|
| domain | founded_year | HQ Location |
Senior activities are monitored via AI wearables to detect anomalies.
|
|
| domain | founded_year | HQ Location |
Assistive aids for elderly are provided via non-wearable sensors.
|
|
| domain | founded_year | HQ Location |
Developer of non-invasive hemodynamic monitoring devices
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about MedScope
When was MedScope founded?
MedScope was founded in 1999.
Where is MedScope located?
MedScope is headquartered in Paoli, United States. It is registered at Paoli, Pennsylvania, United States.
Who is the current CEO of MedScope?
Gregory Smith is the current CEO of MedScope.
How many employees does MedScope have?
As of Dec 31, 2022, the latest employee count at MedScope is 41.
What does MedScope do?
MedScope, a division of Medical Guardian, is focused on delivering Personal Emergency Response Systems (PERS) to support care managers and clients across managed care organizations and Medicaid Waiver agencies. Services are provided in 47 states, targeting older adults, individuals with chronic conditions, and people with disabilities. Solutions include wearable devices, home coverage systems, and on-the-go options, all designed to be user-friendly and water-resistant. Additional features such as fall detection, remote patient monitoring connections, and engagement campaigns through MG Engage360 are offered to enhance care delivery. Analytics and reporting tools are also provided to support informed decision-making and improve member outcomes in the healthcare sector.
Who are the top competitors of MedScope?
MedScope's top competitors include Ekso Bionics, SafelyYou and Nobi.
What products or services does MedScope offer?
MedScope offers Personal Emergency Response Systems (PERS), Fall Detection, and MG Engage360.
Who are MedScope's investors?
MedScope has 1 investor. Key investors include Medical Guardian.