About MedServe
MedServe is an Environment company based in Bellaire (United States) founded in 2004, and was acquired by Stericycle in May 2009. Medical waste management solutions are provided for healthcare facilities. MedServe has raised $136.71 million across 11 funding rounds from investors including Stericycle, Avista Capital Partners and Chrysalis Ventures. Its focus areas include Waste & Water Management, Waste Management, Treatment and Processing. Its competitors include Stericycle, EnergySolutions and Clean Harbors.
Company details
MedServe was founded in 2004 and is located in Bellaire, United States. Operations are centered in the healthcare waste management sector, where services for the collection, treatment, and disposal of medical waste are handled. Compliance with environmental and health regulations is ensured through established protocols. Focus is placed on safe and efficient waste handling for medical facilities across the region.
- Headquarters Bellaire, United States
- Stage Acquired
- SectorsEnvironment
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website medserve.com
- Social LinkedIn
- Acquired by Stericycle (May 2009)
- Total Equity Funding$136.71M (USD)
in 11 rounds
- Latest Funding Round$8M (USD), Series D
May 2008
- InvestorsStericycle
& 3 more
- Acquired byStericycle
(May 2009)
Funding Insights of MedServe
MedServe has successfully raised a total of $136.71M across 11 strategic funding rounds. The most recent funding activity was a Series D round of $8 million completed in May 2008. 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 $136.71M
- Total Rounds 11
- Last Round Series D β $8M
- First Round $12.1M
(Sep 2005)
- Investors Count 3
Latest 10 of 11 funding rounds of MedServe with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2008 | $8M | Series D | β | β | β |
| Sep 2007 | $600,000 | Series D | β | β | β |
| Jul 2007 | $10M | Series D | β | β | β |
| Jul 2007 | $900,000 | Series D | β | β | β |
| Mar 2007 | $1.2M | Series D | β | β | β |
| Mar 2007 | $6.6M | Debt – Conventional | β | β | β |
| Oct 2006 | $70M | Series C | β | Avista Capital Partners | β |
| Sep 2006 | $27.9M | Series B | β | β | β |
| Mar 2006 | $5M | Series B | β | β | β |
| Mar 2006 | $1.01M | Series B | β | β | β |
4 investors in total: 4 institutional.
Investors in MedServe
MedServe has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Stericycle, Avista Capital Partners and Chrysalis Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm making investment in early & growth stage healthcare & tech companies in the US | chrysalisventures.com | Louisville, United States | ||
A venture capital firm focused on high-growth entrepreneurial enterprises. | murphreeventures.com | Houston, United States | ||
Private equity investments are focused on the United States market. | avistacap.com | New York, United States | ||
Waste management and disposal services are provided to various sectors. | 1989 | stericycle.com | Lake Forest, United States |
Investor details for MedServe
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Timeline of MedServe
4 dated milestones of MedServe across 5 years, from founding to its latest funding, stage changes and deals.
- Founded MedServe is founded.
- Funding First funding round of $12.1M.
- Funding Latest funding round, Series D, of $8.0M.
- Exit Acquired by Stericycle.
Competitors of MedServe
MedServe has 3 listed competitors in our database. They include Stericycle, EnergySolutions and Clean Harbors.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stericycle.com | 1989 | Lake Forest, United States | Waste management and disposal services are provided to various sectors. | |||
| energysolutions.com | 2005 | Salt Lake, United States | 219 | Nuclear waste handling and disposal services are provided globally. | ||
| cleanharbors.com | 1980 | Norwell, United States | 21,021 | Provider of environmental, industrial, and emergency response services, including waste management |
Detailed competitors of MedServe
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as MedServe (Waste & Water Management Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | USD 25.2 B | 61,700 | ||
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | USD 16.59 B | 42,000 | ||
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | 102 |
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Related news about Medserve
Complete news archive for MedServe
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Frequently Asked Questions about MedServe
MedServe was founded in 2004 and raised its 1st funding round 1 year after it was founded.
MedServe is headquartered in Bellaire, United States. It is registered at Bellaire, Texas, United States.
MedServe is a funded company, having raised a total of $136.71M across 11 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Sep 2005.
MedServe was founded in 2004 and is located in Bellaire, United States. Operations are centered in the healthcare waste management sector, where services for the collection, treatment, and disposal of medical waste are handled. Compliance with environmental and health regulations is ensured through established protocols. Focus is placed on safe and efficient waste handling for medical facilities across the region.
MedServe's top competitors include EnergySolutions, Clean Harbors and Stericycle.
MedServe has 4 investors. Key investors include Stericycle, Avista Capital Partners, Chrysalis Ventures, and Murphree Venture Partners.
Yes. MedServe was acquired by Stericycle in May 2009.

