# Medical IP

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medical-ip

- Industry: Healthcare IT
- Headquarters: Seoul, South Korea
- Website: http://www.medicalip.com
- Total disclosed funding: $23M
- Latest round: Series C (May 4, 2021)
- Investors on record: 12

## About

Founded in 2015 and based in Seoul, South Korea, Medical IP Co., Ltd. operates as a healthcare information technology company that develops AI-based technology used for medical imaging analysis. In May 2021, Medical IP Co., Ltd. raised KRW 20 billion in series C funding from Dong-A Socio Holdings, including CornerStone Investment Co., Ltd., Daishin Securities, DS & Partners, Meritz Securities, Shinhan Securities, D3 Jubilee Partners, and Honest Ventures. As of 2023, Sang Joon Park serves as the CEO of the company. The company also has offices in the US and China.

The company's products include deepcatch, which evaluates muscle, visceral fat, and bone density from CT images; MDBox, which gives enhanced virtual cadaver contents; and medip pro, an all-in-one medical imaging system for analysis, 3D modelling, and digital twin. TiSepX is an X-ray quantitative analysis and tissue separation solution powered by Medical IP's proprietary algorithm; Anatdel is a solution that extends the digital twin prepared with its medical imaging solutions to 3D printing technology; and Mediclip is a communication platform that allows for virtual patient consultations.

## Funding rounds

- Series C, May 4, 2021, $17M — Meritz Securities, Shinhan Securities, Daishin Securities, D3 Jubilee Partners, Honest Ventures, Dong-A Socio Holdings, DS & Partners, Cornerstone Investment Partners
- Series B, Apr 12, 2019, $4.9M — Shinhan Venture Investment, SJ Investment Partners, Stassets Investment
- Series A, Apr 28, 2017, $0.9M — ROI Investment Partners

## Investors

- ROI Investment Partners (https://capitalatlas.ai/funds/roi-investment-partners) — Series A
- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series B
- SJ Investment Partners (https://capitalatlas.ai/funds/sj-investment-partners) — Series B
- Stassets Investment (https://capitalatlas.ai/funds/stassets-investment) — Series B
- Meritz Securities — Series C
- Shinhan Securities (https://capitalatlas.ai/funds/shinhan-securities) — Series C
- Daishin Securities — Series C
- D3 Jubilee Partners (https://capitalatlas.ai/funds/d3-jubilee-partners) — Series C
- Honest Ventures (https://capitalatlas.ai/funds/honest-ventures) — Series C
- Dong-A Socio Holdings — Series C
- DS & Partners (https://capitalatlas.ai/funds/ds-partners) — Series C
- Cornerstone Investment Partners (https://capitalatlas.ai/funds/cornerstone-investment-partners) — Series C