medZERO

Kansas City, United States Founded: 2017 • Age: 9 yrs
Health prepaid cards are provided for employees medical loans.
Annual revenue - Latest available
Total funding $15.0M 3 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About medZERO

medZERO is a company based in Kansas City (United States) founded in 2017 by Michael Sobek. medZERO has raised $14.99 million across 3 funding rounds from investors including True Ventures, Village Global and Grand Ventures. medZERO offers products and services including medZERO Spending Account and Fertility Advantage. medZERO operates in a competitive market with competitors including Hinge Health, Accolade, Sharecare, Betterfly and Wellhub, among others.

  • Headquarter Kansas City, United States
  • Founders Michael Sobek
  • Sectors
    Healthcare
    Financial Services Travel & Hospitality Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $14.99 M (USD)

    in 3 rounds

  • Latest Funding Round
    $590 K (USD), Seed

    Oct 04, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of medZERO

medZERO offers a comprehensive portfolio of products and services, including medZERO Spending Account and Fertility Advantage.

Product name locked
Category locked
Primary

Provides on-demand funds for medical expenses with zero interest and fees.

Product name locked
Category locked
Locked

Supports fertility-related costs through zero-interest financing options.

People of medZERO

Headcount 1-10
Employee Profiles 6
Employee Profiles
People
Ryan Murphy
Vice President of Operations
People
Howard Michalski
President, Co-Founder
People
Michael Sobek
CSO and Co-Founder
People
Craig Froude
Chairman & CEO

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Funding Insights of medZERO

medZERO has successfully raised a total of $14.99M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $590 thousand completed in October 2024. 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.

Investors in medZERO

medZERO has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include True Ventures, Village Global and Grand Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm supporting AI founders through investments and community.
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Early-stage venture capital investing, network building, and founder support services.
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Early-stage venture capital fund investing in seed-stage B2B SaaS companies in emerging regions
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Investor details for medZERO

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Investments & Acquisitions by medZERO

Investments
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Investment portfolio details for medZERO

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  • Transaction dates
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Financial Statements - medZERO

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Detailed financials for medZERO

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  • Profit trends
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Medzero Comparisons

medZERO Primary company
Description
Health prepaid cards are provided for employees' medical loa...
Location
Kansas City, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for medZERO

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Competitors of medZERO

medZERO 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 Hinge Health, Accolade, Sharecare, Betterfly and Wellhub, among others.

Company Name Domain Founded year HQ Location Description
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Virtual physical therapy and digital pain care solutions are provided.
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Employee health benefits are facilitated via a cloud-based platform.
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Health and wellness social network for employees is provided.
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Employee health and well-being solutions are delivered through a platform.
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Cloud-based wellness programs are offered for employee health and productivity.
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Employee benefits payment cards are provided via an online platform.
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Detailed competitors of medZERO

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Latest news on Medzero

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Complete news archive for medZERO

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Frequently Asked Questions about medZERO

medZERO was founded in 2017 and raised its 1st funding round 4 years after it was founded.

medZERO is headquartered in Kansas City, United States. It is registered at Kansas City, Missouri, United States.

Michael Sobek is the current CEO of medZERO. They have also founded this company.

medZERO is a funded company, having raised a total of $14.99M across 3 funding rounds to date.

MedZERO was founded in 2017 and is headquartered in Kansas City, United States. Prepaid cards for health expenses are offered as an employee benefit, allowing loans to cover medical costs. The service operates in the fintech sector, with applications and loan disbursements processed fully online to support employer-provided perks.

medZERO's top competitors include Accolade, Hinge Health and Wellhub.

medZERO offers medZERO Spending Account and Fertility Advantage.

medZERO has 3 investors. Key investors include True Ventures, Village Global, and Grand Ventures.

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