About Memed
Memed is a company based in Sao Paulo (Brazil) founded in 2012.. Memed has raised $81.98 million across 5 funding rounds from investors including Temasek, Qualcomm Ventures and DNA Capital. Memed operates in a competitive market with competitors including MMIT Network, Posos, Yuimedi, Diagnosia and Affirmhealth, among others.
- Headquarter Sao Paulo, Brazil
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$81.98 M (USD)
in 5 rounds
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Latest Funding Round
$17.74 M (USD), Series C
Oct 29, 2021
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Investors
Temasek
& 8 more
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Employee Count
Employee Count
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Funding Insights of Memed
Memed has successfully raised a total of $81.98M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $17.74 million completed in October 2021. 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 5
- Last Round Series C — $17.7M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series C - Memed | Valuation | DNA Capital , Temasek |
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| Jun, 2021 | Amount | Series C - Memed | Valuation | DNA Capitals |
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| Feb, 2020 | Amount | Series B - Memed | Valuation | Redpoint eventures , DNA Capital |
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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 Memed
Memed has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Temasek, Qualcomm Ventures and DNA 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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Healthcare investment services are provided by DNA Capital globally.
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Founded Year | Domain | Location | |
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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location | |
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Early-stage tech-focused VC firm investing primarily in Latin America and the US
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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 Memed
| 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 - Memed
| 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 |
Memed Comparisons
Competitors of Memed
Memed 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 MMIT Network, Posos, Yuimedi, Diagnosia and Affirmhealth, 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 |
Offers formulary data & analytics for market research, medication decision & formulary management
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| domain | founded_year | HQ Location |
AI-based drug information and patient profiling tool for healthcare professionals
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| domain | founded_year | HQ Location |
Provider of medical data analysis platform to improve the healthcare system
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| domain | founded_year | HQ Location |
Drug decision support engine is provided for healthcare professionals.
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| domain | founded_year | HQ Location |
Software solutions for compliance with drug monitoring programs are offered.
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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 Memed
Frequently Asked Questions about Memed
When was Memed founded?
Memed was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Memed located?
Memed is headquartered in Sao Paulo, Brazil.
Is Memed a funded company?
Memed is a funded company, having raised a total of $81.98M across 5 funding rounds to date. The company's 1st funding round was a Series B of $4.5M, raised on Feb 20, 2014.
What does Memed do?
Memed was founded in 2012 in Sao Paulo, Brazil, and operates in the health technology sector. An application is provided to physicians, featuring curated drug details for prescription searches, dosage verifications, customization and storage of prescriptions, and updates on product launches and market news. Content relevant to daily medical practice is supported across operations in Brazil.
Who are the top competitors of Memed?
Memed's top competitors include MMIT Network, Posos and Context Matters.
Who are Memed's investors?
Memed has 9 investors. Key investors include Temasek, Qualcomm Ventures, DNA Capital, Fit Participações, and DNA Capitals.
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