# MedEye

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medeye

- Industry: Medical Devices & Equipment
- Headquarters: 's-Hertogenbosch, Netherlands
- Website: www.medeye.com
- Total disclosed funding: $12M
- Latest round: Series B (Aug 25, 2016)
- Investors on record: 5

## About

Based in the Netherlands, Mint Solutions Holland BV specializes in medical technology, focusing on enhancing medication safety within healthcare institutions through innovative verification systems.Mint Solutions Holland BV, founded in 2010 in 's-Hertogenbosch, Netherlands, operates in the healthcare sector offering medication verification solutions. The firm has successfully completed six deals, with its latest funding round being a Series B in August 2016, where it raised EUR 5 million from investors including BOM Brabant Ventures and EQT Life Sciences. The company was co-founded by Gauti Reynisson and Ivar Helgason, who have been instrumental in its development and strategic direction.MedEye provides a comprehensive medication safety suite designed for hospitals and healthcare institutions, highlighted by its flagship product, MedEye Nurse. This system facilitates automatic verification and registration of medication at the bedside, ensuring accuracy and safety in administration. MedEye Nurse integrates seamlessly with hospital information systems, enabling nurses to efficiently identify due medications through an intuitive interface. Additionally, MedEye engages patients via the MedEye Patient app, which educates them about prescribed medications and provides reminders for self-administered treatments. The company serves a diverse client base across multiple regions, including the European Union and select areas in North America, focusing on improving medication safety globally.MedEye employs a revenue model primarily based on subscriptions and partnerships with healthcare institutions. Clients typically incur initial setup fees along with ongoing subscription costs for accessing the MedEye Nurse system, which allows for a tailored integration into existing workflows. Revenue is derived from both the MedEye Nurse system and ancillary services through the MedEye Clinician service, providing insights and data analytics on medication administration processes.The company plans to utilize its recent funding of EUR 5 million from its Series B round to roll out the MedEye product more broadly. Mint Solutions aims to expand its market reach, specifically targeting new healthcare providers across the European Union and North America by 2018. This strategic growth initiative is supported by the recent funding, which will enhance their product offerings and allow for greater integration within healthcare systems.

## Funding rounds

- Series B, Aug 25, 2016, $5.6M — Seventure Partners, EQT Life Sciences, BOM Brabant Ventures, New Business Venture Fund
- Seed, Nov 11, 2013, $0M — Startupbootcamp
- Series A, Jun 1, 2013, $5.9M — Seventure Partners, EQT Life Sciences
- Seed, Apr 1, 2010 — New Business Venture Fund

## Investors

- New Business Venture Fund (https://capitalatlas.ai/funds/new-business-venture-fund) — Seed, Series B
- Seventure Partners (https://capitalatlas.ai/funds/seventure-partners) — Series A, Series B
- EQT Life Sciences (https://capitalatlas.ai/funds/eqt-life-sciences) — Series A, Series B
- Startupbootcamp (https://capitalatlas.ai/funds/startupbootcamp) — Seed
- BOM Brabant Ventures (https://capitalatlas.ai/funds/bom-brabant-ventures) — Series B