Meditect
Latest round
- Seed
Last raised
- May 2020
Total raised
- Undisclosed
Investors
- 1
About Meditect
Founded in 2017 and headquartered in Bordeaux, France, Meditect SAS specializes in healthcare management solutions. The company has undergone no major pivots and does not have any known subsidiaries.Meditect specializes in innovative healthcare management solutions tailored for the French-speaking sub-Saharan African market. Its core offerings include a highly regarded pharmacy management software, the first accredited health product reference database, and a unique solution for ensuring the authenticity and traceability of medications. These products cater to pharmacies, healthcare providers, and patients by enhancing operational efficiency, improving drug safety, and facilitating patient access to open pharmacies and essential medications. The pharmacy management software streamlines pharmacy operations, while the health product reference database provides essential information approved by local authorities. Additionally, Meditect's application for patients helps locate nearby pharmacies and verify medications at no cost, significantly benefiting end-users who may have limited resources.Meditect generates revenue through a mix of subscription-based models and partnerships with healthcare stakeholders. The company establishes relationships with pharmacies and health institutions that utilize its flagship pharmacy management software and health product reference database, fostering a business-to-business (B2B) environment. Revenue is derived from licensing fees for its software as well as from collaborations with organizations focused on improving healthcare access and combating counterfeit medications. The transactional structure involves providing access to the software and databases for a fee, tailored to the needs of individual clients or institutions.Looking ahead, Meditect plans to expand its product offerings and geographic presence. The company is focusing on developing new healthcare management solutions aimed at addressing additional needs within the healthcare sector. Furthermore, Meditect has identified opportunities for expansion into new markets across the African continent by late 2023.
Who invested in Meditect
1 investor across 1 round
See all investors in Meditect
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
May 6, 2020
Amount
Undisclosed
Investors
Questions about Meditect
Who invested in Meditect?
Meditect has 1 investor 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 Meditect raised?
Meditect has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Meditect last raise money?
Meditect's most recent round on record is a Seed, in May 2020.
What does Meditect do?
Founded in 2017 and headquartered in Bordeaux, France, Meditect SAS specializes in healthcare management solutions.
Where is Meditect headquartered?
Meditect is headquartered in Bordeaux, France.
Which VCs invest in companies like Meditect?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back healthcare it companies at Meditect's stage. Their profiles are linked below.
VCs backing healthcare it startups at Seed
Raising like Meditect? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.