MedShift

MedShift

Subscription services provider that enables medical practices to get the latest equipment and technology. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€136m (Public information from Apr 2021)
Charlotte North Carolina (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues1.5m2.5m3.1m4.9m
% growth-71 %24 %58 %
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DateInvestorsAmountRound

$2.5m

Seed
N/A

$2.3m

Seed

$13.5m

Debt
N/A

$8.0m

Valuation: $150m

Series A
*

$108m

Growth Equity VC
Total Funding€110m

Recent News about MedShift

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More about MedShiftinfo icon
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MedShift operates in the healthcare sector, providing innovative solutions that integrate Internet of Things (IoT) technology and device financing to enhance medical practices and patient care. The company serves healthcare providers and medical device manufacturers, offering products like Pulse IoT and Velocity software to upgrade and manage medical devices. MedShift's business model includes selling IoT-enabled devices, software subscriptions, and financing options for medical equipment. Revenue is generated through product sales, subscription fees, and financing interest. The company also collaborates with educational institutions like High Point University to recruit top-tier talent and support community initiatives.

Keywords: IoT, healthcare, device financing, medical devices, Pulse IoT, Velocity software, patient care, healthcare providers, medical practices, community partnerships.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.