MEDO
Latest round
- Series A
Last raised
- Jul 2022
Total raised
- $1.1M
Investors
- 3
About MEDO
Medo Inc.Founded in 2017 and headquartered in Edmonton, Canada, Medo Dx Pte. Ltd. specializes in developing innovative ultrasound imaging solutions. The company was recently acquired by Exo Imaging, Inc. on July 26, 2022, as part of a strategic move to integrate its AI algorithms with Exo's advanced hardware and workflow technologies. Jeevesh Kapur, the founder of Medo Dx, has a history of entrepreneurial ventures, contributing to the company's growth and innovation.83 mn. Medo Inc. offers advanced software platforms that enhance operational efficiency across various industries, particularly in healthcare. Their solutions streamline workflow processes, facilitate real-time data analytics, and improve productivity. The core offerings target small to medium-sized enterprises (SMEs) and large corporations, addressing challenges like inefficient resource allocation and fragmented communication.The company generates revenue through annual subscription models that grant clients access to its full suite of software tools and ongoing support. In addition to subscriptions, Medo Dx collaborates with industry partners to provide customized solutions that cater to specific client needs.Medo Dx plans to leverage its recent acquisition by Exo Imaging, Inc. to enhance its ultrasound imaging solutions further. The integration of Exo's hardware and workflow technologies with Medo's AI capabilities is expected to lead to the development of new products designed to improve diagnostic accuracy and efficiency. The company aims to expand its market presence in North America and Western Europe by the end of 2023, targeting healthcare providers seeking advanced imaging technologies.
Who invested in MEDO
3 investors across 2 rounds
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Questions about MEDO
Who invested in MEDO?
MEDO has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MEDO raised?
MEDO has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did MEDO last raise money?
MEDO's most recent round on record is a Series A, in Jul 2022.
What does MEDO do?
MEDO is a software company.
Where is MEDO headquartered?
MEDO is headquartered in Singapore.
Which VCs invest in companies like MEDO?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at MEDO's stage. Their profiles are linked below.
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