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
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website medshift.com
- Social LinkedIn Facebook Instagram YouTube
- Total Equity Funding$116M (USD)
in 3 rounds
- Latest Funding Round$108M (USD), Series B
Apr 2023
- InvestorsFirst National Bank
& 3 more
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.
Apps and channels of MedShift
its YouTube channel MedShift has 19 subscribers and 8 videos.
Videos from MedShift
The most watched videos on MedShift's YouTube channel, MedShift (19 subscribers). Click a video to play it here.
More on MedShift.
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.
- Total Funding $116M
- Total Rounds 3
- Last Round Series B — $108M
- First Round $13.5M
(Oct 2019)
- Investors Count 4
All 3 funding rounds of MedShift 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 |
|---|---|---|---|---|---|
| Apr 2023 | $108M | Series B | – | Turning Rock Partners, Micota Capital | – |
| Apr 2021 | $8M | Series A | – | – | – |
| Oct 2019 | $13.5M | Debt – Conventional | – | – |
4 investors in total: 4 institutional.
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. | – | turningrockpartners.com | New York, United States | |
Micota Capital is focused on private equity and real estate investments. | – | micotacapital.com | London, England | |
Commercial banking services are provided across the United States. | 1864 | fnb-online.com | Pittsburgh, United States | |
Commercial financing solutions are provided by OY6 Capital. | – | oy6capital.com | Irvine, United States |
Investor details for MedShift
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.
People of MedShift
25 people are tracked at MedShift (13 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
John Donovan | Vice President Of Technology Services | Leadership |
Sarah Noland | Sr. Director, Finance | Leadership |
Hannah Craft | Marketing Director | Leadership |
Joe Gasque | Chief Executive Officer at Medshift | Leadership |
Victoria Olszowy | Vice President | Leadership |
Francesca Coven | Director Of Commercial Operations | Leadership |
sean shapiro | Chief Commercial Officer (CCO) | Leadership |
Patrick Adams | Chief Financial Officer, OFAC Compliance Officer & Anti-Money Laundering Officer | Leadership |
Carol Sartori | VP of Human Resources | Leadership |
Craig White | Director Of Engineering | Leadership |
Jamie Parrott Adkins, MBA | Director of Business Development - Device & Consumables | Leadership |
Adam Walsh | CTO | Leadership |
Jeffrey Andrews | Chief Financial Officer | Leadership |
Brooke Bellville | Account Manager | Team |
Nathan Reyes | Software Developer | Team |
Francesca Riehl | Account Manager | Team |
Dylan Snider | Account Manager | Team |
Abbey Cook | Digital Marketing Manager | Team |
Alyson Mayernik | Marketing Manager | Team |
Gillian Moore | Velocity Lending Account Manager | Team |
5 more people are available in the full profile.
Complete people profiles for MedShift
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of MedShift
3 dated milestones of MedShift across 8 years, from founding to its latest funding, stage changes and deals.
- Founded MedShift is founded.
- Funding First funding round of $13.5M.
- Funding Latest funding round, Series B, of $108.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cutera.com | 1998 | Brisbane, United States | – | 540 | Energy-based aesthetic devices are developed for medical treatments. | |
| lumenis.com | 1973 | Yokneam Illit, Israel | – | – | Minimally-invasive clinical solutions for the Surgical, Ophthalmology and Aesthetic markets | |
| solta.com | 1995 | Hayward, United States | – | 6,355 | Energy-based aesthetic medical devices are designed and marketed. | |
| cartessaaesthetics.com | 2017 | New York, United States | $60M | 129 | Aesthetic medical devices | |
| inmodemd.com | 2008 | Lake Forest, United States | – | 171 | Develops a portfolio of aesthetic solutions | |
| almalasers.com | 1980 | Buffalo Grove, United States | – | 48 | Portfolio of optical, radiofrequency and ultrasound devices for aesthetic & medical applications | |
| strataskinsciences.com | 1989 | Horsham, United States | – | 114 | Developer of medical devices to treat skin diseases | |
| silkn.com | 2006 | Richmond Hill, Canada | – | – | Home-use aesthetic devices |
Detailed competitors of MedShift
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 MedShift
The website of MedShift (medshift.com) receives about 19.5K visits a month.
- Monthly visits19.5K
▲ 74.3% vs previous month
Websites whose visitors overlap most with MedShift. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
homesandcondostampa.com | homesandcondostampa.com | 100% | – | #3,730,279 | – |
rejuvenationskinwellness.com | rejuvenationskinwellness.com | 99% | – | #11,477,419 | – |
myrejuvenation.com | myrejuvenation.com | 99% | – | #5,192,970 | – |
burickcenter.com | burickcenter.com | 94% | – | #2,757,307 | – |
| mrp.io | 92% | 16.3K | #1,632,698 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for MedShift
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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.
Similar companies to MedShift
10 companies that operate in the same segment as MedShift (Dermatology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Neurotoxin products for aesthetic and therapeutic skin treatments are developed. | 2002 | Newark, New Jersey, United States | USD 154.56 M | USD 234.04 M | 597 | |
Diagnostic tests for cancer prognosis are provided. | 2008 | Friendswood, Texas, United States | USD 61.97 M | USD 344.23 M | 761 | |
Developer of drugs for treating dermatology diseases | 1908 | Copenhagen, Denmark | USD 560.38 M | – | – | |
Skincare, beauty, and wellness services provided by VLCC across multiple countries. | 1989 | Delhi, Delhi, India | – | – | – | |
Adhesive patch biopsies for skin cancer detection are provided. | 1996 | San Diego, California, United States | USD 24.37 M | USD 15.3 M | 259 | |
AI-powered drug discovery platform for various diseases | 2016 | New York, New York, United States | USD 608 M | – | – | |
Immunotherapeutic solutions for dermatological conditions are developed. | 2016 | Westlake Village, California, United States | USD 94.5 M | USD 376.07 M | 342 | |
Targeted small molecules are developed for oncology treatments. | 2010 | Singapore, Singapore | USD 100 M | – | – | |
Pharmaceutical formulations for dermatology, gastroenterology, and wellness are manufactured. | 2014 | Pune, Maharashtra, India | USD 25.97 M | USD 18.15 M | 508 | |
Novel dermatologic therapies are developed for skin conditions. | 2012 | Malvern, Pennsylvania, United States | USD 82 M | USD 7.83 M | 64 |
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
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. The company's 1st funding round was a Debt – Conventional of $13.5M, raised on Oct 2019.
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.