Mednefits Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 33

Employees

  • Latest Deal Type
  • Series A1

  • Latest Deal Amount
  • $2.72M

  • Investors
  • 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

Formerly Known As
MediCloud
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 7 Temasek Boulevard
  • Number 18-02 Suntec Tower One
  • Singapore, 038987
  • Singapore
+65 3163
Primary Industry
Business/Productivity Software
Other Industries
Other Healthcare Technology Systems
Other Healthcare Services
Media and Information Services (B2B)
Corporate Office
  • 7 Temasek Boulevard
  • Number 18-02 Suntec Tower One
  • Singapore, 038987
  • Singapore
+65 3163

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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
To view Mednefits’s complete valuation and funding history, request access »

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%
To view Mednefits’s complete cap table history, request access »

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Opportunity Score

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Mednefits Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
To view Mednefits’s complete investors history, request access »

Mednefits FAQs

  • When was Mednefits founded?

    Mednefits was founded in 2014.

  • Where is Mednefits headquartered?

    Mednefits is headquartered in Singapore, Singapore.

  • What is the size of Mednefits?

    Mednefits has 33 total employees.

  • What industry is Mednefits in?

    Mednefits’s primary industry is Business/Productivity Software.

  • Is Mednefits a private or public company?

    Mednefits is a Private company.

  • What is the current valuation of Mednefits?

    The current valuation of Mednefits is .

  • What is Mednefits’s current revenue?

    The current revenue for Mednefits is .

  • How much funding has Mednefits raised over time?

    Mednefits has raised $11.6M.

  • 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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