About Recomedica
Recomedica is a company based in Bucharest (Romania) founded in 2019 by Eduard Cioroaga and Mihail Subtirelu.. Recomedica has raised $261.87 thousand across 1 funding round. Recomedica operates in a competitive market with competitors including Sanopass, Medihere, VieVie Healthcare, Primul Medic and Telemediq, among others.
- Headquarter Bucharest, Romania
- Founders Eduard Cioroaga, Mihail Subtirelu
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$261.87 K (USD)
in 1 rounds
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Latest Funding Round
$261.87 K (USD), Seed
Feb 09, 2021
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Investors
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Employee Count
Employee Count
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Funding Insights of Recomedica
Recomedica has successfully raised a total of $261.87K through 1 strategic funding round. The most recent funding activity was a Seed round of $261.87 thousand completed in February 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 1
- Last Round Seed — $261,874
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First Round
First Round
(09 Feb 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Seed - Recomedica | Valuation |
investors |
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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 |
Investments & Acquisitions by Recomedica
| 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 - Recomedica
| 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 |
Recomedica Comparisons
Competitors of Recomedica
Recomedica 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 Sanopass, Medihere, VieVie Healthcare, Primul Medic and Telemediq, 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 |
Online teleconsultation platform for individuals
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| domain | founded_year | HQ Location |
Provider of an app for virtual primary care and tele-medicine
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| domain | founded_year | HQ Location |
Operates a telemedicine marketplace for convenient online medical consultations.
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| domain | founded_year | HQ Location |
An online platform for doctor searches and consultations is provided.
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| domain | founded_year | HQ Location |
Telemediq delivers comprehensive telemedicine solutions to enhance patient care and accessibility.
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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 Recomedica
When was Recomedica founded?
Recomedica was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Recomedica located?
Recomedica is headquartered in Bucharest, Romania.
Who is the current CEO of Recomedica?
Eduard Cioroaga is the current CEO of Recomedica. They have also founded this company.
Is Recomedica a funded company?
Recomedica is a funded company, having raised a total of $261.87K across 1 funding round to date. The company's 1st funding round was a Seed of $261.87K, raised on Feb 09, 2021.
What does Recomedica do?
Founded in 2019 and based in Bucharest, Romania, Recomedica operates in the telehealth sector. A platform is provided that connects users with certified healthcare professionals, nurses, and home services. Appointments for conditions such as Covid-19, mental disorders, addiction, diabetes, and heart health can be scheduled through video or audio calls. Subscription options for ongoing medical services are also available.
Who are the top competitors of Recomedica?
Recomedica's top competitors include Sanopass, Medihere and Primul Medic.