# MedPilot

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

- Industry: Software
- Headquarters: Cleveland, US
- Website: www.medpilot.com
- Total disclosed funding: $4.4M
- Latest round: Seed (Sep 12, 2019)
- Investors on record: 9

## About

MedPilot, Inc., based in Cleveland, US, enhances patient engagement through innovative digital solutions that streamline communication between healthcare providers and patients, ultimately improving health outcomes.Founded in 2014, MedPilot, Inc. specializes in patient engagement solutions. The firm transitioned its business strategy to focus on digital health technologies. Jacob Myers and Matt Shapiro, the founders, have a background in health tech innovation. MedPilot has raised USD 1.50 mn in a SEED round from various investors, including Hudson River Capital Partners and JumpStart. The firm has completed 6 deals, with its most recent deal occurring on February 17, 2021.MedPilot, Inc. provides a range of digital solutions aimed at optimizing patient engagement for healthcare providers. Their offerings include tools for communication, appointment reminders, and payment processing designed specifically for healthcare organizations. The company's services cater to hospitals, clinics, and private practices, focusing on enhancing patient experiences and operational efficiency. These products have evolved to incorporate advanced features like analytics and integrated messaging systems, tailored to meet the diverse needs of healthcare providers.MedPilot's revenue model is based on subscription services for healthcare providers, offering tiered plans that include different functionalities for patient engagement. The company also generates income from transaction fees related to appointment scheduling and payment processing. This dual revenue approach supports a sustainable business model while allowing healthcare facilities to enhance their operational capabilities.MedPilot, Inc. aims to expand its product line by introducing new features designed to facilitate telehealth services by the end of 2023. The firm plans to enter new markets, specifically targeting regions in Europe and Asia by 2024. The recent funding of USD 1.50 mn raised in the SEED round will be utilized to support product development and market entry initiatives. In February 2021, MedPilot was acquired by Vytalize Health Inc., where founder Jacob Myers will take on the role of Chief Innovation Officer, enhancing the strategic direction of the combined companies.

## Funding rounds

- Seed, Sep 12, 2019, $1.5M — Northcoast Capital Management, JumpStart, Valley Growth Ventures, Wavemaker Three-Sixty Health, Hudson River Capital Partners, TurnCap VC
- Seed, Nov 29, 2018, $1.7M — Techstars, Valley Growth Ventures, Hudson River Capital Partners, Cedars-Sinai Health Ventures
- Seed, May 15, 2017, $0.5M — Hudson River Capital Partners
- Seed, Apr 6, 2016, $0.8M — Blueprint Health, Hudson River Capital Partners

## Investors

- Blueprint Health — Seed
- Hudson River Capital Partners (https://capitalatlas.ai/funds/hudson-river-capital-partners) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Valley Growth Ventures (https://capitalatlas.ai/funds/valley-growth-ventures) — Seed
- Cedars-Sinai Health Ventures — Seed
- Northcoast Capital Management (https://capitalatlas.ai/funds/northcoast-capital-management) — Seed
- JumpStart (https://capitalatlas.ai/funds/jumpstart) — Seed
- Wavemaker Three-Sixty Health (https://capitalatlas.ai/funds/wavemaker-three-sixty-health) — Seed
- TurnCap VC — Seed