EastMed
Latest round
- Series A
Last raised
- Sep 2006
Total raised
- $1.4M
Investors
- 2
About EastMed
EastMed Inc.EastMed Inc. was founded in 2002 in Canada, providing advanced medical technologies and services.EastMed specializes in providing innovative healthcare solutions, focusing primarily on advanced medical technologies and services designed to enhance patient care and operational efficiency. Their core product offerings include state-of-the-art diagnostic equipment, telemedicine platforms, and patient management systems, which are crafted to address various challenges in the healthcare sector. These products aim to streamline processes, improve diagnostic accuracy, and facilitate remote patient monitoring, catering to a wide range of healthcare providers, including hospitals, clinics, and specialized care facilities.EastMed generates revenue through a combination of B2B partnerships and direct sales to healthcare organizations. Their transactions typically involve subscription-based models for their telemedicine services, along with direct sales of their diagnostic equipment to hospitals and clinics. The pricing structure for their flagship products reflects the value they provide, ensuring that clients receive technology and support. A healthcare provider may enter into a multi-year subscription agreement for telemedicine services, which includes ongoing software updates and customer support, while simultaneously purchasing diagnostic devices that come with warranties and service agreements.EastMed intends to expand its product offerings by developing new telemedicine platforms and diagnostic tools aimed at improving patient monitoring and care efficiency, with anticipated releases by the end of 2024. The company plans to enter the Asian markets, specifically targeting Japan and South Korea by mid-2025 for further growth.
Who invested in EastMed
2 investors across 1 round
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Funding rounds
Series A
Sep 14, 2006
Amount
$1.4M
Investors
Questions about EastMed
Who invested in EastMed?
EastMed has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has EastMed raised?
EastMed has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did EastMed last raise money?
EastMed's most recent round on record is a Series A, in Sep 2006.
What does EastMed do?
EastMed is a medical devices & equipment company.
Where is EastMed headquartered?
EastMed is headquartered in Canada.
Which VCs invest in companies like EastMed?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at EastMed's stage. Their profiles are linked below.
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