Delaware Medrium

Healthcare ITSeries CMorristown, USmedrium.com

Latest round

Series C

Last raised

Sep 2008

Total raised

$13M

Investors

5

About Delaware Medrium

Medrium, Inc.Medrium, Inc. operates in the healthcare technology sector, providing innovative digital health solutions. The company is headquartered in Morristown, US.460 mn.com specializes in providing innovative solutions that address critical needs in healthcare technology. Their core product offerings include a comprehensive suite of digital health platforms designed to streamline patient management and improve clinical outcomes. These platforms facilitate telemedicine services, electronic health records (EHR) management, and patient engagement tools, empowering healthcare providers to deliver efficient and effective care. Customers of Medrium include hospitals, outpatient clinics, and private practice providers, all of whom utilize these tools to enhance service delivery and patient experiences.com generates revenue through a structured model that incorporates various transaction types including subscriptions and direct sales. Clients typically engage with Medrium on a subscription basis, accessing ongoing software updates and support for their healthcare platforms. This model allows for predictable revenue streams as hospitals and clinics renew their contracts annually. The company also engages in direct-to-consumer sales for certain software applications designed for patient use, which broadens their market reach.Medrium plans to expand its product suite by launching new features tailored to enhance patient engagement and streamline healthcare administration. The company is also targeting expansion into new geographic regions beyond North America and Europe by the end of 2024, focusing on emerging markets in Asia and Latin America.460 mn will be utilized to support these growth initiatives, including product development and market entry strategies. Advantedge Healthcare Solutions, previously a stakeholder, exited its investment in Medrium, indicating a shift in ownership dynamics.

Who invested in Delaware Medrium

5 investors across 2 rounds

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Funding rounds

  1. Series C

    Sep 16, 2008

    Amount

    $10M

    Investors

    Locked

  2. Series C

    Feb 26, 2004

    Amount

    $3M

    Investors

    Locked

Questions about Delaware Medrium

Who invested in Delaware Medrium?

Delaware Medrium has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Delaware Medrium raised?

Delaware Medrium has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Delaware Medrium last raise money?

Delaware Medrium's most recent round on record is a Series C, in Sep 2008.

What does Delaware Medrium do?

Delaware Medrium is a healthcare it company.

Where is Delaware Medrium headquartered?

Delaware Medrium is headquartered in Morristown, US.

Which VCs invest in companies like Delaware Medrium?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Delaware Medrium's stage. Their profiles are linked below.

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