# Medley

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

- Industry: Healthcare IT
- Headquarters: Tokyo, Japan
- Website: www.medley.jp
- Total disclosed funding: $8.9M
- Latest round: Series E (Apr 28, 2017)
- Investors on record: 7

## About

Medley, Inc. is a Tokyo-based company that provides innovative technology-driven solutions aimed at enhancing healthcare delivery and addressing workforce challenges in the medical sector.Founded in 2009 in Tokyo, Japan, Medley, Inc. specializes in healthcare technology services. The firm has successfully completed a total of 8 deals, with its most recent deal occurring on January 29, 2020. The company is founded and led by Kohei Takiguchi, who has a history in the healthcare sector. Medley raised JPY 17.888 billion in an IPO in November 2019, selling 13.76 million shares at JPY 1300 per share on the Toyo Stock Exchange Mother Section. The latest funding round, a Private Placement/Follow on, raised JPY 2.036 billion, equal to the total amount raised of JPY 2.036 billion.Medley, Inc. offers a comprehensive suite of technology-driven services aimed at improving healthcare delivery and addressing workforce challenges in the medical sector. Their core offerings include the Job Medley Academy, which provides online video training programs tailored for nursing professionals, designed to enhance operational efficiency and support the development and retention of nursing staff in hospitals, clinics, and home care settings. Additionally, Medley has initiated collaborative projects such as the Multi-Medical DX Project in partnership with local healthcare networks, enhancing medical access through Medical as a Service (MaaS) solutions in remote islands like the Koshiki Islands. The company's services are particularly focused on the Tokai region of Japan, targeting healthcare, nursing, and welfare providers to streamline their operations and improve care outcomes.In the most recent fiscal year 2023, Medley, Inc. reported a revenue of JPY 146,453,574.70 and an EBITDA of JPY 23,980,952.60. The company primarily generates revenue through subscription-based services and partnerships with healthcare institutions, providing clients access to specialized training programs through the Job Medley Academy. Additionally, their collaborations with banks and other organizations enhance business support services to healthcare and welfare agencies, potentially creating recurring revenue streams.Medley, Inc. is focusing on the development and launch of new products to further enhance its service offerings. The company plans to expand into additional geographic markets beyond the Tokai region, though specific regions and timelines for this expansion have not been disclosed. The recent funding from the Private Placement/Follow on round will support these initiatives and aid in the development of new training programs that align with evolving healthcare needs.

## Funding rounds

- Series E, Apr 28, 2017, $1.5M — GREE Holdings, Global Brain, Kaigen Pharma
- Series E, Mar 29, 2017, $7.4M — Globis Capital Partners, Mitsui Sumitomo Insurance Venture Capital, NTT DOCOMO Ventures, SMBC Trust Bank

## Investors

- Globis Capital Partners (https://capitalatlas.ai/funds/globis-capital-partners) — Series E
- Mitsui Sumitomo Insurance Venture Capital (https://capitalatlas.ai/funds/mitsui-sumitomo-insurance-venture-capital) — Series E
- NTT DOCOMO Ventures (https://capitalatlas.ai/funds/ntt-docomo-ventures) — Series E
- SMBC Trust Bank — Series E
- GREE Holdings — Series E
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series E
- Kaigen Pharma — Series E