About Remedo
Remedo is a Healthcare company based in Fremont (United States) founded in 2016 by Ruchir Mehra and Richeek Arya. AI-driven marketing platform is utilized for healthcare providers. Remedo has raised $2.08 million across 5 funding rounds from investors including Angel List, Whiteboard Capital and SucSEED Indovation. The company has 59 employees. Remedo was last valued at $4.79 million in February 2022. Its website remedo.io draws about 11 thousand monthly visits. Its Indian entity Remedo Clinitech Private Limited reported revenue of ₹2.71 Cr. Remedo offers products and services including Marketing Services, Web Design Services, AI Chatbot, and Reputation Management. Its focus areas include HealthTech, Healthcare IT, Horizontal and Marketing Solutions.
Company details
Remedo was founded in 2016 and is headquartered in Fremont, United States. An AI-powered marketing platform is operated specifically for the healthcare industry. Insights into marketing performance are delivered through a dashboard, enabling optimization of website visibility, search rankings, and patient leads. Services such as website creation, Google ads management, and SEO are provided to support healthcare providers.
- Indian entity revenue₹2.71 Cr
FY 2024 · +27% YoY
- Indian entity net loss-₹3.12 Cr
FY 2024 · -115% margin
- Indian entity EBITDA-₹1.44 Cr
FY 2024 · -53% margin
- Total Equity Funding$2.08M (USD)
in 5 rounds
- Latest Funding Round$636.99K (USD), Seed
Nov 2022
- InvestorsAngel List
& 64 more
- Employee Count59
Associated legal entities of Remedo
Remedo operates through Remedo Clinitech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Remedo Clinitech Private Limited CIN U74999MH2016PTC282838 | Active | 24 Jun 2016 | Mumbai, Maharashtra | ₹2.7 Cr | 59 | 4 | View details |
Products & Services of Remedo
Remedo offers a comprehensive portfolio of products and services, including Marketing Services, Web Design Services, AI Chatbot, and Reputation Management.
AI-driven strategies to attract and convert patients
Custom websites for improved patient conversion
24/7 tool for answering queries and managing leads
Services to enhance reviews and online ratings
Funding Insights of Remedo
Remedo has successfully raised a total of $2.08M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $636.99 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 $2.08M
- Total Rounds 5
- Last Round Seed — $636,986
- First Round $153,450
(Mar 2018)
- Investors Count 65
All 5 funding rounds of Remedo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $636,986 | Seed | – | – | |
| Feb 2022 | $793,789 | Seed | $4.79M | Angel List, SucSEED Indovation | |
| Jun 2020 | $86,001 | Seed | $3.27M | Inflection Point Ventures | |
| Nov 2019 | $405,812 | Seed | $••••• | Angel List | |
| Mar 2018 | $153,450 | Angel Round | $••••• | Madhu Bansal, Pradeep Mehra | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $4.79M | •••••••• |
| Jun 2020 | $3.27M | •••••••• |
| Nov 2019 | $••••• | •••••••• |
| Mar 2018 | $••••• | •••••••• |
Full valuation and stage history of Remedo
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $4.79M (Feb 2022). 65 investors in total: 9 institutional and 56 angel.
Investors in Remedo
Remedo has secured backing from 65 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Whiteboard Capital and SucSEED Indovation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in early to growth-stage tech startups across various sectors. | 2016 | sucseed-indovation.com | Hyderabad, India | |
Investment support is provided to startups by Whiteboard Capital. | 2017 | whiteboardcap.com | Mumbai, India | |
Investments are made in early-stage companies by Titan Capital. | titancapital.vc | Gurugram, India | ||
Seed-stage investments in diverse sectors are targeted by the firm. | Bengaluru, India | |||
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
Smile Group is engaged in investing, building, and partnering with disruptive founders across Asia. | smile.group | Gurugram, India | ||
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
Venture capital investments are managed by Nakrani Ventures. | ||||
Startup jobs are connected to seekers via an online platform. | angel.co | San Francisco, United States | ||
SN Shashvat Nakrani | Co-founder of BharatPe, prominent angel investor in Indian startups | unknown_22ed4c26a85547da8 |
Investor details for Remedo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Remedo Clinitech Private Limited (Remedo)
Remedo Clinitech Private Limited is the primary company behind Remedo. The board of Remedo Clinitech Private Limited currently have 4 directors; the longest-serving is Ruchir Mehra, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ruchir Mehra DIN 07505278 | Director | 24 Jun 2016 | 10 yrs 4 mo | Remedo Clinitech Private Limited |
| Harsh Vardhan Bansal DIN 07505270 | Director | 24 Jun 2016 | 10 yrs 4 mo | Remedo Clinitech Private Limited |
| Richeek Arya DIN 07770347 | Whole-time director | 22 Mar 2017 | 9 yrs 7 mo | Remedo Clinitech Private Limited |
| Pradeep Mehra DIN 08551524 | Director | 25 Sep 2019 | 7 yrs 1 mo | Remedo Clinitech Private Limited |
People of Remedo
2 people are tracked at Remedo (2 in leadership); the tracked headcount is 59.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Remedo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Remedo
Figures of Remedo Clinitech Private Limited, the primary company behind Remedo, for FY 2024. Revenue was ₹2.71 Cr (+27% year on year). Net loss was -₹3.12 Cr (-115% margin). EBITDA was -₹1.44 Cr (-53% margin). Revenue has grown at a compounded annual rate of +36% over three years and +84% over five years.
- ₹2.71 CrRevenue · FY 2024 · +27% YoY
- -₹3.12 CrNet loss · -115% margin
- -₹1.44 CrEBITDA · -53% margin
- ₹16.3 LakhPaid-up capital
- 59Employees (provident fund records)
- +36%Revenue CAGR, 3 years
- +84%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Remedo Clinitech Private Limited are on its company page.
Detailed financial statements for Remedo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Remedo
4 dated milestones of Remedo across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Remedo is founded.
- Funding First funding round of $153K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $637K.
Web traffic of Remedo
The website of Remedo (remedo.io) receives about 11.5K visits a month.
- Monthly visits11.5K
▲ 83.1% vs previous month
Websites whose visitors overlap most with Remedo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
remedoapp.com | remedoapp.com | 100% | #912,379 | – |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Remedo (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Remedo
Complete news archive for Remedo
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Frequently Asked Questions about Remedo
Remedo was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Remedo is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Remedo is a funded company, having raised a total of $2.08M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $153.45K, raised on Mar 2018.
Remedo has 59 employees.
The primary company behind Remedo, Remedo Clinitech Private Limited, reported revenue of ₹2.71 Cr for FY 2024, up 27% year on year.
Remedo was founded in 2016 and is headquartered in Fremont, United States. An AI-powered marketing platform is operated specifically for the healthcare industry. Insights into marketing performance are delivered through a dashboard, enabling optimization of website visibility, search rankings, and patient leads. Services such as website creation, Google ads management, and SEO are provided to support healthcare providers.
Remedo offers Marketing Services, Web Design Services, AI Chatbot, and Reputation Management.
Remedo has 65 investors. Key investors include Angel List, Whiteboard Capital, SucSEED Indovation, Titan Capital, and Shashvat Nakrani.
The valuation of Remedo is $4.79M as of Feb 2022.
Remedo operates through Remedo Clinitech Private Limited.
The legal entities of Remedo currently have 4 directors, including Ruchir Mehra, Harsh Vardhan Bansal, Richeek Arya and others.