About MedSpeed
MedSpeed is a company based in Elmhurst (United States) founded in 2000.. MedSpeed offers products and services including Gen4 Platform and Healthcare Logistics Service. MedSpeed operates in a competitive market with competitors including CitySprint, Andlauer Healthcare Group, Hospital Couriers, Avol Aerospace and Astra Logistic, among others.
- Headquarter Elmhurst, United States
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Medspeed Llc
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Products & Services of MedSpeed
MedSpeed offers a comprehensive portfolio of products and services, including Gen4 Platform and Healthcare Logistics Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages tracking and delivery of healthcare items for efficient operations.
Facilitates specimen and supply movement for healthcare organizations.
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Funding Insights of MedSpeed
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2024 | Amount | Unspecified - MedSpeed | Valuation | Water Street |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MedSpeed
MedSpeed has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Water Street. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Water Street is engaged in strategic investments in healthcare sectors.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by MedSpeed
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MedSpeed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medspeed Comparisons
Competitors of MedSpeed
MedSpeed 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 CitySprint, Andlauer Healthcare Group, Hospital Couriers, Avol Aerospace and Astra Logistic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Same-day, next-day, and international courier services are delivered.
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Supply chain management for healthcare logistics and delivery is provided.
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Provider of medical courier solutions
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Drone-based delivery service for medical samples like blood and biopsies.
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Delivers comprehensive logistics services, including storage and distribution, specialized for pharmaceutical cargo.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Medspeed
Frequently Asked Questions about MedSpeed
When was MedSpeed founded?
MedSpeed was founded in 2000 and raised its 1st funding round 24 years after it was founded.
Where is MedSpeed located?
MedSpeed is headquartered in Elmhurst, United States. It is registered at Elmhurst, Illinois, United States.
What does MedSpeed do?
MedSpeed was founded in 2000 and is based in Elmhurst, United States. Logistics and courier services are delivered to the healthcare sector, focusing on the transportation of items such as blood, specimens, pharmaceuticals, equipment, and supplies. Operations encompass intra-company and enterprise-wide movements for laboratories, hospitals, healthcare centers, pharmacies, veterinary facilities, and related organizations within the ecosystem.
Who are the top competitors of MedSpeed?
MedSpeed's top competitors include CitySprint, Andlauer Healthcare Group and Hospital Couriers.
What products or services does MedSpeed offer?
MedSpeed offers Gen4 Platform and Healthcare Logistics Service.
Who are MedSpeed's investors?
MedSpeed has 1 investor. Key investors include Water Street.
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