About Morelex
Morelex is a company based in Espoo (Finland) founded in 2011. It operates as a SaaS (Software-as-a-Service). Morelex has raised $388.59 thousand across 1 funding round from investors including Springvest. Morelex offers products and services including Morelex Solution. Morelex operates in a competitive market with competitors including Digital Pharmacist, AcuityMD, Lathian Systems, Market Access Transformation and ForceClouds, among others.
- Headquarter Espoo, Finland
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Sectors
TechnologyHealthcare
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Email
***********
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Phone
*********
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Website
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- Legal Name Morelex Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$388.59 K (USD)
in 1 rounds
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Latest Funding Round
$388.59 K (USD), Seed
Dec 01, 2012
- Investors
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Employee Count
Employee Count
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Products & Services of Morelex
Morelex offers a comprehensive portfolio of products and services, including Morelex Solution. 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.
A solution to boost pharmacy sales effectively.
Funding Insights of Morelex
Morelex has successfully raised a total of $388.59K through 1 strategic funding round. The most recent funding activity was a Seed round of $388.59 thousand completed in December 2012. 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 1
- Last Round Seed — $388,589
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First Round
First Round
(01 Dec 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2012 | Amount | Seed - Morelex | 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 Morelex
Morelex has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Springvest. 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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Springvest is recognized as a leading growth investment service in Finland.
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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 Morelex
| 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 - Morelex
| 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 |
Morelex Comparisons
Competitors of Morelex
Morelex 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, AcuityMD, Lathian Systems, Market Access Transformation and ForceClouds, 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 |
Platform offering CRM software to the medical industry
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| domain | founded_year | HQ Location |
Sales and marketing software for healthcare is provided.
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| domain | founded_year | HQ Location |
Online platform to find life sciences companies payers
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| domain | founded_year | HQ Location |
Sales automation SaaS is delivered for the Life Sciences Industry.
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| domain | founded_year | HQ Location |
CRM solution developed for life sciences industry management.
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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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Frequently Asked Questions about Morelex
When was Morelex founded?
Morelex was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Morelex located?
Morelex is headquartered in Espoo, Finland.
Who is the current CEO of Morelex?
Tommi Mustonen is the current CEO of Morelex.
Is Morelex a funded company?
Morelex is a funded company, having raised a total of $388.59K across 1 funding round to date. The company's 1st funding round was a Seed of $388.59K, raised on Dec 01, 2012.
What does Morelex do?
Morelex is engaged in providing technological solutions to pharmacies. The company operates within the healthcare sector, specifically targeting pharmacy sales improvement. Its primary solution has been reported to increase average monthly purchases significantly. Services are designed to support pharmacy businesses in achieving higher sales volumes through innovative tools.
Who are the top competitors of Morelex?
Morelex's top competitors include Digital Pharmacist, AcuityMD and Market Access Transformation.
What products or services does Morelex offer?
Morelex offers Morelex Solution.
Who are Morelex's investors?
Morelex has 1 investor. Key investors include Springvest.