Medminder

Medminder

Provides solutions that simplify medication management and improve medication adherence. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2017
Revenues4.6m
  • Edit
DateInvestorsAmountRound
-

N/A

-

$620k

Grant
N/A

$850k

Early VC
N/A

$1.0m

Early VC
N/A

$500k

Early VC

N/A

Early VC
N/A

$610k

Early VC
N/A

$6.5m

Early VC

$40.0m

Growth Equity VC
*

$25.0m

Debt
*

$10.0m

Late VC
Total Funding€55.8m

Recent News about Medminder

Edit
More about Medminderinfo icon
Edit

MedMinder operates in the healthcare technology sector, focusing on medication management solutions for the elderly. The company offers automated pill dispensers that help seniors maintain their independence by ensuring they take their medications on time. These dispensers are designed to be user-friendly, featuring built-in cellular and Wi-Fi connectivity for easy setup and monitoring. In addition to the dispensers, MedMinder provides a pharmacy service that pre-organizes and delivers prescriptions directly to customers' doors, offering a comprehensive medication management solution. The primary clients are elderly individuals and their caregivers, who benefit from the enhanced safety and convenience of the system. MedMinder's business model revolves around the sale of its pill dispensers and subscription-based pharmacy services. Revenue is generated through direct sales of the devices and recurring subscription fees for the pharmacy service. The company operates in the healthcare market, specifically targeting medication adherence and elderly care.

Keywords: automated pill dispensers, elderly care, medication management, pharmacy service, healthcare technology, medication adherence, user-friendly, cellular connectivity, Wi-Fi connectivity, subscription-based.

Tech stack

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