Mednefits Overview
- Year Founded
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2014
- Status
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Private
- Employees
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33
- Latest Deal Type
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Series A1
- Latest Deal Amount
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$2.72M
- Investors
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4
Mednefits General Information
Description
Developer of an employee health benefits platform designed to take care of the workers with automated, affordable, and accessible benefits. The company's platform facilitates firms to connect directly to medical providers and tracks and processes employees' claims in real-time, enabling businesses to save time on administering, processing, and tracking employee medical benefits.
Contact Information
Website
www.mednefits.comCorporate Office
- 7 Temasek Boulevard
- Number 18-02 Suntec Tower One
- Singapore, 038987
- Singapore
Corporate Office
- 7 Temasek Boulevard
- Number 18-02 Suntec Tower One
- Singapore, 038987
- Singapore
Mednefits Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC (Series A1) | 27-Aug-2024 | $2.72M | Completed | Generating Revenue | ||
| 3. Later Stage VC (Series A) | 17-Nov-2020 | Completed | Generating Revenue | |||
| 2. Angel (individual) | $2.95M | $2.95M | Completed | Generating Revenue | ||
| 1. Accelerator/Incubator | 01-Jan-2015 | Completed | Generating Revenue |
Mednefits Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A1 | ||||||||
| Series A1 | ||||||||
| Series A1 | ||||||||
| Series A1 | ||||||||
| Series A | ||||||||
| Series A | 1,100,000 | $0.66 | $0.66 | 1x | $0.66 | 6.79% | ||
| Series A | 800,000 | $0.44 | $0.44 | 1x | $0.44 | 4.94% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Mednefits Signals
Mednefits Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| B Infinite | Corporation | Minority | ||
| Emissary Capital | Growth/Expansion | Minority | ||
| Healthway Medical Group | Holding Company | Minority | ||
| SMU Institute of Innovation & Entrepreneurship | Accelerator/Incubator |
Mednefits FAQs
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When was Mednefits founded?
Mednefits was founded in 2014.
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Where is Mednefits headquartered?
Mednefits is headquartered in Singapore, Singapore.
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What is the size of Mednefits?
Mednefits has 33 total employees.
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What industry is Mednefits in?
Mednefits’s primary industry is Business/Productivity Software.
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Is Mednefits a private or public company?
Mednefits is a Private company.
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What is the current valuation of Mednefits?
The current valuation of Mednefits is .
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What is Mednefits’s current revenue?
The current revenue for Mednefits is .
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How much funding has Mednefits raised over time?
Mednefits has raised $11.6M.
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Who are Mednefits’s investors?
B Infinite, Emissary Capital, Healthway Medical Group, and SMU Institute of Innovation & Entrepreneurship have invested in Mednefits.
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