About Medsite
Medsite is a Healthcare company based in New York (United States) founded in 1997, and was acquired by WebMD in July 2006. Interactive medical education, promotion, and physician recruitment solutions are offered. Medsite has raised $55.7 million across 2 funding rounds from investors including Goldman Sachs, J P Morgan and Morgan Stanley. Medsite offers products and services including Medscape Platform and CME Education. Its focus areas include Services for Healthcare Providers and Medical Information Providers. Its legal entity is WebMD LLC.
Company details
Medsite was founded in 1997 and is headquartered in New York, United States. Solutions for interactive medical education, promotion, and physician recruitment are provided within the healthcare sector. E-detailing services are also offered, supported by a proprietary database containing over 400,000 physicians. Operations focus on facilitating client access to medical professionals through digital platforms.
- Total Equity Funding$55.7M (USD)
in 2 rounds
- Latest Funding Round$19.7M (USD), Series B
Dec 1999
- InvestorsGoldman Sachs
& 7 more
- Acquired byWebMD
(Jul 2006)
Products & Services of Medsite
Medsite offers a comprehensive portfolio of products and services, including Medscape Platform and CME Education.
Provides access to medical news and educational tools
Offers continuing medical education resources online
Apps and channels of Medsite
its YouTube channel Medscape has 266K subscribers and 30 videos.
Videos from Medsite
The most watched videos on Medsite's YouTube channel, Medscape (266K subscribers). Click a video to play it here.
More on Medscape.
Funding Insights of Medsite
Medsite has successfully raised a total of $55.7M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $19.7 million completed in December 1999. 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 $55.7M
- Total Rounds 2
- Last Round Series B — $19.7M
- First Round $36M
(Nov 1999)
- Investors Count 7
All 2 funding rounds of Medsite 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 |
|---|---|---|---|---|---|
| Dec 1999 | $19.7M | Series B | – | – | |
| Nov 1999 | $36M | Series B | – | Bain Capital Ventures |
8 investors in total: 8 institutional.
Investors in Medsite
Medsite has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, J P Morgan and Morgan Stanley.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Venture capital fund focused on investing in multiple sectors | baincapitalventures.com | Boston, United States | ||
| wpgvp.com | ||||
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States | |
Diversified healthcare services are operated through hospitals and outpatient centers. | 1967 | tenethealth.com | Dallas, United States | |
Multiple industries are operated in by the diversified conglomerate. | 1988 | hikari.co.jp | Toshima City, Japan | |
Comprehensive financial services are provided to corporations and individuals. | 1799 | jpmorgan.com | New York, United States | |
Provider of online health-related information and learning platform for patients and providers | 1996 | webmd.com | New York, United States |
Investor details for Medsite
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 Medsite
2 people are tracked at Medsite (2 in team).
| Name | Role | Group |
|---|---|---|
Erik Carroll | Database Analyst | Team |
Dr Ron Grassi | Medical Forensic Experts Resource "medfxr" | Team |
Complete people profiles for Medsite
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 Medsite
4 dated milestones of Medsite across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Medsite is founded.
- Funding First funding round of $36.0M.
- Funding Latest funding round, Series B, of $19.7M.
- Exit Acquired by WebMD.
Web traffic of Medsite
Websites that share an audience with Medsite (medsite.com).
Websites whose visitors overlap most with Medsite. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
medexplorer.com | medexplorer.com | 100% | – | ||
| cdc.gov | 95% | 16.4M | #4,309 | View details | |
pohly.com | pohly.com | 95% | – | ||
| doctorslounge.com | 95% | View details | |||
medmalrx.com | medmalrx.com | 95% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Medsite
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 16 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Healthcare Provider Support Services
3 companies that operate in the same segment as Medsite (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of self funded health plan | 2017 | New York, New York, United States | USD 224 M | 212 | ||
Provider of AI solutions for clinical, operational, and business outcomes | 2005 | Princeton, New Jersey, United States | USD 1.13 B | USD 465.22 M | 5,442 | |
AMN Healthcare is recognized as a leading healthcare staffing provider. | 1985 | San Diego, California, United States | USD 2.73 B | 2,970 |
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Frequently Asked Questions about Medsite
Medsite was founded in 1997 and raised its 1st funding round 2 years after it was founded.
Medsite is headquartered in New York, United States. It is registered at New York, New York, United States.
Medsite is a funded company, having raised a total of $55.7M across 2 funding rounds to date. The company's 1st funding round was a Series B of $36M, raised on Nov 1999.
Medsite was founded in 1997 and is headquartered in New York, United States. Solutions for interactive medical education, promotion, and physician recruitment are provided within the healthcare sector. E-detailing services are also offered, supported by a proprietary database containing over 400,000 physicians. Operations focus on facilitating client access to medical professionals through digital platforms.
Medsite offers Medscape Platform and CME Education.
Medsite has 8 investors. Key investors include Goldman Sachs, J P Morgan, Morgan Stanley, WebMD, and Tenet Healthcare.
Medsite operates through Webmd Llc.
Yes. Medsite was acquired by WebMD in July 2006.