About Medumo
Medumo is a company based in Tempe (United States) founded in 2013 was acquired by Philips in July 2019.. Medumo has raised $2.13 million across 4 funding rounds from investors including Philips, MassChallenge and Y Combinator. Medumo operates in a competitive market with competitors including The CareVoice, Mytonomy, CheckedUp, Docola and Mpirik, among others.
- Headquarter Tempe, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Medumo Inc
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Funding Insights of Medumo
Medumo has successfully raised a total of $2.13M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $10 thousand completed in June 2018. 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 Total Funding
- Total Rounds 4
- Last Round Grant — $10,000
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2018 | Amount | Grant - Medumo | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Medumo | Valuation | Y Combinator |
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| Jan, 2018 | Amount | Seed - Medumo | Valuation | Cherrystone Angel Group , Launchpad Venture Group |
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| 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 |
Investors in Medumo
Medumo has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Philips, MassChallenge and Y Combinator. 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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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Early-stage startups are accelerated via funding and educational programs.
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Early-stage investment capital is provided by Cherrystone Angel Group.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location |
Investments & Acquisitions by Medumo
| 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 - Medumo
| 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 |
Medumo Comparisons
Competitors of Medumo
Medumo 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 The CareVoice, Mytonomy, CheckedUp, Docola and Mpirik, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A cloud-based platform for healthcare reviews and listings is operated.
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| domain | founded_year | HQ Location |
Cloud-based microlearning platform is utilized for patient education in hospitals.
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| domain | founded_year | HQ Location |
Extending doctor patient relation beyond office walls
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| domain | founded_year | HQ Location |
Allows doctors to create customizable Patient education material
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| domain | founded_year | HQ Location |
Orthopedic care management platforms are provided for clinics and hospitals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Medumo
Frequently Asked Questions about Medumo
When was Medumo founded?
Medumo was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Medumo located?
Medumo is headquartered in Tempe, United States. It is registered at Tempe, Arizona, United States.
Is Medumo a funded company?
Medumo is a funded company, having raised a total of $2.13M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jun 01, 2017.
What does Medumo do?
Medumo was founded in 2013 and is headquartered in Tempe, United States. The company operates in the healthcare sector, offering a platform named Care Tours. Automated just-in-time instructions and checklists are delivered through this platform to direct patients before and after procedures. Day-by-day itineraries are provided, along with short educational videos, task checklists for adherence, and reminders for follow-up appointments and medications.
Who are the top competitors of Medumo?
Medumo's top competitors include Mytonomy, The CareVoice and CheckedUp.
Who are Medumo's investors?
Medumo has 6 investors. Key investors include Philips, MassChallenge, Y Combinator, Cherrystone Angel Group, and Launchpad Venture Group.
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