SimonMed

Scottsdale, United States Founded: 2003 • Age: 23 yrs
Radiology services are delivered through a network of labs.
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About SimonMed

SimonMed is a company based in Scottsdale (United States) founded in 2003.. SimonMed offers products and services including MRI, CT Scan, Mammogram, Ultrasound, and DEXA Scan. SimonMed operates in a competitive market with competitors including RadNet, Akumin, Memorial MRI & Diagnostic, Resiliencelab and RAYUS Radiology, among others.

  • Headquarter Scottsdale, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of SimonMed

SimonMed offers a comprehensive portfolio of products and services, including MRI, CT Scan, Mammogram, Ultrasound, and DEXA Scan. 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.

Primary

Provides detailed internal body scans for accurate diagnosis.

Offers cross-sectional images for detecting abnormalities.

Screens for breast cancer using advanced digital technology.

Uses sound waves to visualize internal structures.

Assesses bone health to detect osteoporosis risks.

People of SimonMed
Headcount 1000-5000
Employee Profiles 54
Employee Profiles
People
John Simon
CEO
People
Barry J. Sadegi
Chief Medical Officer
People
Andrea Lara
Director Radiology Information Systems
People
Michael Coords
Director of Cardiac & CV

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Funding Insights of SimonMed

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round

    (01 Apr 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2021 Amount Private Equity Round - SimonMed Valuation

investors

Apr, 2018 Amount Debt – Conventional - SimonMed Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SimonMed

SimonMed has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include American Securities. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SimonMed

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SimonMed

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Simonmed Comparisons

Employees
+
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Competitors of SimonMed

SimonMed 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 RadNet, Akumin, Memorial MRI & Diagnostic, Resiliencelab and RAYUS Radiology, 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
Radiology centers are operated as a nationwide chain.
domain founded_year HQ Location
Chain of radiology centers
domain founded_year HQ Location
Radiology labs are operated as a chain for diagnostic services.
domain founded_year HQ Location
Chain of wellness centre
domain founded_year HQ Location
Diagnostic radiology services are provided across the United States.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Simonmed

Frequently Asked Questions about SimonMed

When was SimonMed founded?

SimonMed was founded in 2003 and raised its 1st funding round 15 years after it was founded.

Where is SimonMed located?

SimonMed is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.

Who is the current CEO of SimonMed?

John Simon is the current CEO of SimonMed.

What does SimonMed do?

SimonMed was established in 2003 as a chain of radiology labs based in Scottsdale, United States. Operations focus on diagnostic imaging services, including MRI, CT scans, and X-rays, across multiple facilities in the healthcare sector. The company serves patients and providers in the region, with management led by CEO John Simon. Expansion has occurred within the U.S. market to support radiology needs.

Who are the top competitors of SimonMed?

SimonMed's top competitors include RadNet, Akumin and Resiliencelab.

What products or services does SimonMed offer?

SimonMed offers MRI, CT Scan, Mammogram, Ultrasound, and DEXA Scan.

Who are SimonMed's investors?

SimonMed has 1 investor. Key investors include American Securities.

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