# MedCity Media

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medcity-media

- Industry: Healthcare IT
- Headquarters: Cleveland, US
- Website: www.medcitynews.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Aug 31, 2012)
- Investors on record: 1

## About

MedCity Media operates as a digital news platform focused on healthcare technology, offering insights and updates for professionals in the industry.Founded in Cleveland, US, MedCity Media provides a platform for healthcare technology news and insights. In January 2015, the company was acquired by Breaking Media for an undisclosed sum. Their latest funding round was a Seed round in which they raised USD 0.25 mn from JumpStart, marking a total amount raised of USD 0.25 mn after four notable deals.MedCity News primarily offers a digital platform that provides healthcare technology news, insights on life science current events, and updates on developments within the healthcare industry. Their core product includes a comprehensive online publication that covers various sectors such as BioPharma, Health Tech, and Devices & Diagnostics, aimed at healthcare professionals, investors, and policy makers. MedCity News serves a diverse client base that includes healthcare organizations, pharmaceutical companies, and technology providers, focusing on delivering timely and relevant information that addresses the challenges and advancements in the healthcare landscape. The geographical markets for their content extend beyond North America, reaching global audiences interested in healthcare innovation and policy developments.The revenue model for MedCity News centers around a combination of advertising, sponsorships, and partnerships. Their business transactions typically involve B2B agreements where healthcare companies and technology providers sponsor content or advertise services on the platform. Revenue is generated through partnerships that may include exclusive content, webinars, and newsletters tailored to specific industry segments. This structured approach allows MedCity News to maintain a steady flow of income while providing valuable insights and engagement opportunities for their clients. Pricing plans are structured according to the nature of the services offered, such as sponsored articles, advertising placements, and event sponsorships, reflecting the value provided to their clients in the healthcare sector.Looking ahead, MedCity Media aims to enhance its offerings by developing new products that cater specifically to emerging trends in healthcare technology. The company plans to explore expansion opportunities into international markets, targeting regions with growing healthcare sectors by the end of 2025. The recent Seed funding of USD 0.25 mn will be utilized to support these initiatives, facilitating product development and market entry strategies, thereby strengthening their position in the healthcare news landscape.

## Funding rounds

- Seed, Aug 31, 2012, $0.3M — JumpStart

## Investors

- JumpStart (https://capitalatlas.ai/funds/jumpstart) — Seed