About MEDWING
MEDWING is a company based in Berlin (Germany) founded in 2002 by Alana Tung, Timo Fischer, and Johannes Roggendorf.. MEDWING has raised $77.66 million across 3 funding rounds from investors including SVB, Adevinta and Salica Investments. The company has 100 employees as of December 31, 2019. MEDWING offers products and services including Job Search Platform and Profile Creation Service. MEDWING operates in a competitive market with competitors including ShiftMed, Nomad Health, Trusted Health, CareRev and IntelyCare, among others.
- Headquarter Berlin, Germany
- Employees 100 as on 31 Dec, 2019
- Founders Alana Tung, Timo Fischer, Johannes Roggendorf
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Sectors
HealthcareTechnology
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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 Medwing Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$77.66 M (USD)
in 3 rounds
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Latest Funding Round
$47.15 M (USD), Series C
Mar 15, 2023
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Investors
SVB
& 7 more
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Employee Count
100
as on Dec 31, 2019
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Products & Services of MEDWING
MEDWING offers a comprehensive portfolio of products and services, including Job Search Platform and Profile Creation 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.
Platform for healthcare professionals to find and apply for jobs.
Service for building profiles to match with employers and opportunities.
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Funding Insights of MEDWING
MEDWING has successfully raised a total of $77.66M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $47.15 million completed in March 2023. 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 3
- Last Round Series C — $47.2M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series C - MEDWING | Valuation | Quadrille Capital , SVB | |
| May, 2020 | Amount | Series B - MEDWING | Valuation | Cathay Innovation | |
| Oct, 2017 | Amount | Seed - MEDWING | Valuation |
investors |
| 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 MEDWING
MEDWING has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Adevinta and Salica Investments. 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 startups are funded by Northzone venture capital.
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Founded Year | Domain | Location | |
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Venture capital investments are made in technology startups through a global ecosystem.
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Founded Year | Domain | Location | |
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Provider of early-stage venture capital funding for European technology 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 MEDWING
| 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 - MEDWING
| 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 |
Medwing Comparisons
Competitors of MEDWING
MEDWING 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 ShiftMed, Nomad Health, Trusted Health, CareRev and IntelyCare, 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 |
On-demand staffing platform for healthcare sector is provided.
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| domain | founded_year | HQ Location |
Online on demand staffing platform for the healthcare sector
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| domain | founded_year | HQ Location |
An on-demand platform for healthcare staffing is operated.
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| domain | founded_year | HQ Location |
Nurses' shifts are managed via an online scheduling platform.
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| domain | founded_year | HQ Location |
Online contract workforce recruitment platform for nurses
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| domain | founded_year | HQ Location |
Marketplace using mobile to connect credentialed nurses with open shifts at leading institutions
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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 Medwing
Frequently Asked Questions about MEDWING
When was MEDWING founded?
MEDWING was founded in 2002 and raised its 1st funding round 15 years after it was founded.
Where is MEDWING located?
MEDWING is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of MEDWING?
Timo Fischer is the current CEO of MEDWING. They have also founded this company.
Is MEDWING a funded company?
MEDWING is a funded company, having raised a total of $77.66M across 3 funding rounds to date.
How many employees does MEDWING have?
As of Dec 31, 2019, the latest employee count at MEDWING is 100.
What does MEDWING do?
Founded in 2002 and based in Berlin, Germany, MEDWING operates as an on-demand hiring platform within the healthcare sector. Employers are enabled to post full-time, part-time, internship, and freelancing opportunities, while candidates can search positions by location, category, keywords, and salary. Connections between healthcare professionals and vacancies in areas such as nursing, medicine, caretaking, and physician roles are supported across various regions.
Who are the top competitors of MEDWING?
MEDWING's top competitors include ShiftMed, Trusted Health and CareRev.
What products or services does MEDWING offer?
MEDWING offers Job Search Platform and Profile Creation Service.
Who are MEDWING's investors?
MEDWING has 8 investors. Key investors include SVB, Adevinta, Salica Investments, Northzone, and Cathay Innovation.