About MedVantx
MedVantx is a company based in San Diego (United States) founded in 2000.. MedVantx has raised $12 million across 2 funding rounds from investors including Tenet Healthcare, Arch Venture Partners and Saints Capital. The company has 264 employees as of December 31, 2022. MedVantx has completed 1 acquisition, including RxS. MedVantx offers products and services including Patient Assistance Program, Cash Pay, Medvantx Insights Platform, and Pharmacy Services. MedVantx operates in a competitive market with competitors including Digital Pharmacist, Carebook, Waltz Health, Lifelink Systems and XO Life, among others.
- Headquarter San Diego, United States
- Employees 264 as on 31 Dec, 2022
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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 Medvantx, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Tenet Healthcare
& 5 more
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Employee Count
264
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of MedVantx
MedVantx offers a comprehensive portfolio of products and services, including Patient Assistance Program, Cash Pay, Medvantx Insights Platform, and Pharmacy Services. 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.
Helps patients access medications at no cost through financial support.
Enables direct purchase and home delivery of medications for patients.
Facilitates medication access and management with analytics and connectivity.
Provides dispensing and counseling for improved medication adherence.
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Funding Insights of MedVantx
MedVantx has successfully raised a total of $12M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(05 Mar 2002)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2012 | Amount | Debt – Conventional - MedVantx | Valuation |
investors |
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| Mar, 2002 | Amount | Series C - MedVantx | Valuation | GMA |
| 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 MedVantx
MedVantx has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Tenet Healthcare, Arch Venture Partners and Saints Capital. 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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Direct secondary investments are made in private company shares.
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Founded Year | Domain | Location | |
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US focused venture capital firm
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Founded Year | Domain | Location | |
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Venture capital firm focused on life science companies
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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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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 MedVantx
MedVantx has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RxS. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Sample management solutions for pharmaceutical workflows are provided.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MedVantx
| 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 |
Medvantx Comparisons
Competitors of MedVantx
MedVantx 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 Digital Pharmacist, Carebook, Waltz Health, Lifelink Systems and XO Life, 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 |
Platform offering CRM software for pharmacies
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| domain | founded_year | HQ Location |
Provider of online medical records and patient communication platform
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| domain | founded_year | HQ Location |
Prescription costs are managed via AI for payers and consumers.
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| domain | founded_year | HQ Location |
AI-based patient engagement tools are provided for healthcare professionals.
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| domain | founded_year | HQ Location |
Pharmacovigilance and patient engagement platform is provided for pharmacies.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Medvantx
Frequently Asked Questions about MedVantx
When was MedVantx founded?
MedVantx was founded in 2000 and raised its 1st funding round 2 years after it was founded.
Where is MedVantx located?
MedVantx is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Who is the current CEO of MedVantx?
Jeremy Gross is the current CEO of MedVantx.
Is MedVantx a funded company?
MedVantx is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a Series C of $12M, raised on Mar 05, 2002.
How many employees does MedVantx have?
As of Dec 31, 2022, the latest employee count at MedVantx is 264.
What does MedVantx do?
MedVantx was founded in 2000 in San Diego, United States. A platform for patient engagement and supply chain management is offered to the pharmaceutical industry. Operations encompass e-commerce, marketing, reimbursement processing, reporting, and strategic product planning for pharmacies. Tools are developed to support these functions within the sector.
Who are the top competitors of MedVantx?
MedVantx's top competitors include Digital Pharmacist, Waltz Health and Carebook.
What products or services does MedVantx offer?
MedVantx offers Patient Assistance Program, Cash Pay, Medvantx Insights Platform, and Pharmacy Services.
How many acquisitions has MedVantx made?
MedVantx has made 1 acquisition, including RxS.
Who are MedVantx's investors?
MedVantx has 6 investors. Key investors include Tenet Healthcare, Arch Venture Partners, Saints Capital, Polaris Partners, and Advent International.