About ProMed DME
ProMed DME is a company based in Stuart (United States) founded in 2020 was acquired by NMS Capital in July 2024. It operates as a Direct-to-Consumer (D2C), and Subscription Services. ProMed DME offers products and services including Diabetic Supplies, Urinary Catheters, and Wound Care Products.
- Headquarter Stuart, United States
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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
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- Legal Name Strive Medical Diabetes
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
NMS Capital
(Jul 08, 2024)
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Products & Services of ProMed DME
ProMed DME offers a comprehensive portfolio of products and services, including Diabetic Supplies, Urinary Catheters, and Wound Care Products. 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.
Supplies for diabetes management are provided to patients.
Catheters for urinary incontinence are offered to users.
Products for wound healing are supplied to customers.
Funding Insights of ProMed DME
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 ProMed DME
ProMed DME has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include NMS 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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NMS Capital is engaged in strategic equity investments for growth 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 ProMed DME
| 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 - ProMed DME
| 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 |
Promed Dme Comparisons
Competitors of ProMed DME
| 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 ProMed DME
When was ProMed DME founded?
ProMed DME was founded in 2020.
Where is ProMed DME located?
ProMed DME is headquartered in Stuart, United States. It is registered at Stuart, Florida, United States.
Who is the current CEO of ProMed DME?
Michael Breslin is the current CEO of ProMed DME.
What does ProMed DME do?
Durable medical equipment and supplies are distributed by ProMed DME, now part of Strive Medical Diabetes. Focus is placed on diabetes management, urinary incontinence, and wound care solutions. Products are delivered directly to customers with free shipping. Support is offered through dedicated nurses and product specialists. The company serves patients across the United States, accepting most insurance plans including Medicare and Medicaid. Comprehensive care and convenience are ensured through streamlined ordering and reordering processes.
What products or services does ProMed DME offer?
ProMed DME offers Diabetic Supplies, Urinary Catheters, and Wound Care Products.
Who are ProMed DME's investors?
ProMed DME has 1 investor. Key investors include NMS Capital.