About MedShift
MedShift is a company based in Charlotte (United States) founded in 2015. MedShift has raised $116 million across 3 funding rounds from investors including First National Bank, Turning Rock Partners and Micota Capital. MedShift offers products and services including Velocity Enterprise, Velocity Lending, Velocity Unified Commerce, Pulse IoT, and Velocity Marketplaces. MedShift operates in a competitive market with competitors including Cutera, Lumenis, Solta, Cartessa Aesthetics and InMode Aesthetic Solutions, among others.
- Headquarter Charlotte, United States
-
Sectors
Healthcare
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$116 M (USD)
in 3 rounds
-
Latest Funding Round
$108 M (USD), Series B
Apr 20, 2023
-
Investors
First National Bank
& 3 more
-
Employee Count
Not available
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 MedShift
MedShift offers a comprehensive portfolio of products and services, including Velocity Enterprise, Velocity Lending, Velocity Unified Commerce, Pulse IoT, and Velocity Marketplaces.
Platform for automating transactions and workflows in business operations.
App for real-time financing approvals and contract documentation.
System for seamless customer service and sales force management.
Tools for adding intelligence to devices and monitoring usage.
Platform for direct-to-consumer sales and customer engagement.
People of MedShift
Unlock access to complete
Funding Insights of MedShift
MedShift has successfully raised a total of $116M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $108 million completed in April 2023. 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 MedShift
MedShift has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include First National Bank, Turning Rock Partners and Micota Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Turning Rock Partners is engaged in long-term investments in North American businesses.
|
Locked | Locked | Locked | |
|
Micota Capital is focused on private equity and real estate investments.
|
Locked | Locked | Locked | |
|
Commercial banking services are provided across the United States.
|
Locked | Locked | Locked |
Investor details for MedShift
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by MedShift
Investment portfolio details for MedShift
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - MedShift
Detailed financials for MedShift
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Medshift Comparisons
Peer comparison for MedShift
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of MedShift
MedShift 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 Cutera, Lumenis, Solta, Cartessa Aesthetics and InMode Aesthetic Solutions, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Energy-based aesthetic devices are developed for medical treatments.
|
|
| Locked | Locked | Locked |
Minimally-invasive clinical solutions for the Surgical, Ophthalmology and Aesthetic markets
|
|
| Locked | Locked | Locked |
Energy-based aesthetic medical devices are designed and marketed.
|
|
| Locked | Locked | Locked |
Aesthetic medical devices
|
|
| Locked | Locked | Locked |
Develops a portfolio of aesthetic solutions
|
Detailed competitors of MedShift
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Medshift
Complete news archive for MedShift
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MedShift
MedShift was founded in 2015 and raised its 1st funding round 4 years after it was founded.
MedShift is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
MedShift is a funded company, having raised a total of $116M across 3 funding rounds to date.
MedShift Inc offers bundled subscription services for physicians and surgeons to get the latest equipment and technology. MedShift streamlines their operations by handling rote, periphery tasks such as inbound lead generation, medical device manufacturer relations, marketing, patient open houses, procedural analytics etc..
MedShift's top competitors include Lumenis, Cartessa Aesthetics and Cutera.
MedShift offers Velocity Enterprise, Velocity Lending, Velocity Unified Commerce, Pulse IoT, and Velocity Marketplaces.
MedShift has 4 investors. Key investors include First National Bank, Turning Rock Partners, Micota Capital, and OY6 Capital.