About Medumo
Medumo is a Healthcare company based in Tempe (United States) founded in 2013, and was acquired by Philips in July 2019. It enables healthcare organizations to guide patients using automated just-in-time instructions and checklists. Medumo has raised $2.13 million across 4 funding rounds from investors including Philips, MassChallenge and Y Combinator. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Patient Engagement. Its legal entity is Medumo Inc. Its competitors include Mytonomy, CheckedUp and Docola; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Tempe, United States
- Stage Acquired
- SectorsHealthcare
- Website medumo.com
- Social LinkedIn
- Acquired by Philips (Jul 2019)
- Legal Name Medumo Inc
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 $2.13M
- Total Rounds 4
- Last Round Grant — $10,000
- Investors Count 5
All 4 funding rounds of Medumo 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 |
|---|---|---|---|---|---|
| Jun 2018 | $10,000 | Grant | – | – | |
| Jun 2018 | $125,000 | Seed | – | Y Combinator | – |
| Jan 2018 | $2M | Seed | – | Cherrystone Angel Group, Launchpad Venture Group | – |
| Jun 2017 | Grant | – | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage entrepreneurs are accelerated through MassChallenge's program. | masschallenge.org | Boston, United States | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Early-stage investment capital is provided by Cherrystone Angel Group. | cherrystoneangelgroup.com | Providence, United States | ||
Investments are provided by an angel network to Boston-based companies. | launchpadventuregroup.com | Newton, United States | ||
| sky-ventures.com | ||||
Diversified products are provided across health, lighting, and consumer sectors. | 1891 | philips.com | Amsterdam, Netherlands |
Investor details for Medumo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Medumo
1 people are tracked at Medumo (1 in leadership).
| Name | Role | Group |
|---|---|---|
Nasser Al-Sulaihim | Co-Founder & CTO | Leadership |
Complete people profiles for Medumo
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Timeline of Medumo
4 dated milestones of Medumo across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Medumo is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $10K.
- Exit Acquired by Philips.
Competitors of Medumo
Medumo has 3 listed competitors in our database, 2 of them funded. They include Mytonomy, CheckedUp and Docola.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mytonomy.com | 2011 | Bethesda, United States | $42.79M | Cloud-based microlearning platform is utilized for patient education in hospitals. | ||
| checkedup.com | 2011 | Miami, United States | Extending doctor patient relation beyond office walls | |||
| doco.la | 2013 | Largo, United States | $300,000 | Allows doctors to create customizable Patient education material |
Detailed competitors of Medumo
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Medumo (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Medumo
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Frequently Asked Questions about Medumo
Medumo was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Medumo is headquartered in Tempe, United States. It is registered at Tempe, Arizona, United States.
Medumo is a funded company, having raised a total of $2.13M across 4 funding rounds to date.
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.
Medumo has 6 investors. Key investors include Philips, MassChallenge, Y Combinator, Cherrystone Angel Group, and Launchpad Venture Group.
Medumo operates through Medumo Inc.
Yes. Medumo was acquired by Philips in July 2019.