About Melatech
Melatech is a company based in Copenhagen (Denmark) founded in 2018 by Niels Steen Krogh and Niels Kvorning Ternov.. Melatech has raised $573.99 thousand across 2 funding rounds from investors including Accelerace and Nicolaj Højer Nielsen. The company has 31 employees as of November 30, 2024. Melatech offers products and services including Dermloop, Dermkit, and Dermloop Learn. Melatech operates in a competitive market with competitors including Syapse, BostonGene, VieCure, Kuveda and Myka Labs, among others.
- Headquarter Copenhagen, Denmark
- Employees 31 as on 30 Nov, 2024
- Founders Niels Steen Krogh, Niels Kvorning Ternov
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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
*********
- Legal Name Melatech Aps
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Annual Revenue
$6.82 K (USD)0as on Dec 31, 2019
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Net Profit
$431.33 K (USD)299as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$573.99 K (USD)
in 2 rounds
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Latest Funding Round
$466.42 K (USD), Seed
Nov 30, 2022
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Investors
Accelerace
& 1 more
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Employee Count
31
as on Nov 30, 2024
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Products & Services of Melatech
Melatech offers a comprehensive portfolio of products and services, including Dermloop, Dermkit, and Dermloop Learn. 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.
Software for managing skin conditions and enhancing clinical workflows.
Device for capturing high-quality images of skin lesions.
Platform for practicing skin lesion diagnostics using real cases.
Funding Insights of Melatech
Melatech has successfully raised a total of $573.99K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $466.42 thousand completed in November 2022. 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 Seed — $466,417
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First Round
First Round
(01 Jun 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Seed - Melatech | Valuation | Nicolaj Højer Nielsen |
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| Jun, 2022 | Amount | Seed - Melatech | Valuation | Accelerace |
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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 Melatech
Melatech has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include Accelerace and Nicolaj Højer Nielsen. 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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Funding and support are provided to early-stage startups by Accelerace.
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Founded Year | Domain | Location | |
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Nicolaj Højer Nielsen |
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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 Melatech
| 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 - Melatech
| 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 |
Melatech Comparisons
Competitors of Melatech
Melatech 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 Syapse, BostonGene, VieCure, Kuveda and Myka Labs, 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 |
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| domain | founded_year | HQ Location |
Developer of precision medicine for the treatment of cancer
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Developer of cloud-based information and analytics platform to treat cancer
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| domain | founded_year | HQ Location |
Oncology treatment plans are generated via an AI-based platform.
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| domain | founded_year | HQ Location |
SaaS tools for analyzing cancer patients' molecular profiles are provided.
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| domain | founded_year | HQ Location |
AI-based integrated solutions for interventional oncology procedures are provided.
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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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Frequently Asked Questions about Melatech
When was Melatech founded?
Melatech was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Melatech located?
Melatech is headquartered in Copenhagen, Denmark.
Who is the current CEO of Melatech?
Niels Kvorning Ternov is the current CEO of Melatech. They have also founded this company.
Is Melatech a funded company?
Melatech is a funded company, having raised a total of $573.99K across 2 funding rounds to date. The company's 1st funding round was a Seed of $107.57K, raised on Jun 01, 2022.
How many employees does Melatech have?
As of Nov 30, 2024, the latest employee count at Melatech is 31.
What is the annual revenue of Melatech?
Annual revenue of Melatech is $6.82K as on Dec 31, 2019.
What does Melatech do?
AI-based patient treatment management tool for providers. The company provides software solutions to improve patient treatment through optimized clinical workflows. The also offers AI-augmented simulation training, clinical feedback, and management in skin cancer diagnostics.
Who are the top competitors of Melatech?
Melatech's top competitors include Syapse, BostonGene and VieCure.
What products or services does Melatech offer?
Melatech offers Dermloop, Dermkit, and Dermloop Learn.
Who are Melatech's investors?
Melatech has 2 investors. Key investors include Accelerace, and Nicolaj Højer Nielsen.