Medsense

Seattle, United States Founded: 2018 • Age: 8 yrs
Medication management and adherence tools are provided for users.
Annual revenue - Latest available
Total funding $2.5M 2 rounds
Employees 1 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Medsense

Medsense is a company based in Seattle (United States) founded in 2018. Medsense has raised $2.45 million across 2 funding rounds from investors including HealthX Ventures. The company has 1 employees as of December 31, 2016. Medsense offers products and services including Sensors and Hardware, Mobile App, Medication Data and Insights, and Notification Engine. Medsense operates in a competitive market with competitors including Navenio, Converge, Point One Navigation, TRX Systems and Imagimob, among others.

  • Headquarter Seattle, United States
  • Employees 1 as on 31 Dec, 2016
  • Sectors
    Technology
    Healthcare
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Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.45 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    Jan 11, 2024

  • Investors
  • Employee Count
    1

    as on Dec 31, 2016

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Products & Services of Medsense

Medsense offers a comprehensive portfolio of products and services, including Sensors and Hardware, Mobile App, Medication Data and Insights, and Notification Engine.

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Primary

Hardware that converts containers into smart devices for tracking adherence.

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App-free system empowering patients to manage medication without downloads.

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Platform providing insights on adherence and patient outcomes via analytics.

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Engine for sending reminders and notifications to improve medication compliance.

People of Medsense

Headcount 1-10
Employee Profiles 6
Employee Profiles
People
Clark Emerick
Chief Technology Officer
People
Scott Kowalski
Chief Growth Officer
People
Matthew Burroughs
Founding Software Engineer / CIO
People
Matt Tabakin, MD
CEO

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Funding Insights of Medsense

Medsense has successfully raised a total of $2.45M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in January 2024. 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.

Investors in Medsense

Medsense has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include HealthX Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Investments are directed toward accessible digital healthcare solutions.
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Investor details for Medsense

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Investments & Acquisitions by Medsense

Investments
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Investment portfolio details for Medsense

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Financial Statements - Medsense

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Detailed financials for Medsense

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Medsense Comparisons

Medsense Primary company
Description
Medication management and adherence tools are provided for u...
Location
Seattle, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2016
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Peer comparison for Medsense

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Competitors of Medsense

Medsense 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 Navenio, Converge, Point One Navigation, TRX Systems and Imagimob, among others.

Company Name Domain Founded year HQ Location Description
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Sensor-based location monitoring systems are provided for healthcare workforce.
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Sensor networks are utilized for monitoring construction sites.
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Cloud-based ultra-precise location services are delivered via GPS and sensors.
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Sensor fusion algorithms for indoor tracking systems are developed.
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Sensor fusion is applied to learn movements from wearable data.
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AI and cloud-based motion gesture recognition systems are provided.
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Detailed competitors of Medsense

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Latest news on Medsense

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Complete news archive for Medsense

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Frequently Asked Questions about Medsense

Medsense was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Medsense is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Medsense is a funded company, having raised a total of $2.45M across 2 funding rounds to date.

As of Dec 31, 2016, the latest employee count at Medsense is 1.

Founded in 2018 and based in Seattle, United States, Medsense operates in the health technology sector. Sensors are attached to medication containers to capture usage data upon opening, which is then shared with family members and healthcare providers. An accompanying application delivers reminders for medication intake through notifications, text messages, automated calls, and smart speaker integrations, supporting adherence monitoring.

Medsense's top competitors include Converge, Point One Navigation and Navenio.

Medsense offers Sensors and Hardware, Mobile App, Medication Data and Insights, and Notification Engine.

Medsense has 1 investor. Key investors include HealthX Ventures.

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