# Medsender

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

- Industry: Healthcare IT
- Headquarters: New York, US
- Website: www.medsender.com/
- Total disclosed funding: $7.5M
- Latest round: Series A (Jan 13, 2025)
- Investors on record: 1

## About

Medsender, Inc. offers innovative HIPAA-compliant fax automation solutions, specifically designed for the healthcare sector, significantly improving efficiency in document management and patient scheduling.

Medsender, Inc. specializes in automating fax processes for the healthcare industry. Founded in 2015 in New York, US, the company has raised a total of USD 7.495 mn through 2 deals, with the latest funding being a Series A round led by Ballast Point Ventures. The founder has a history of entrepreneurship, having successfully launched other ventures prior to Medsender.

Medsender specializes in HIPAA-compliant fax automation tailored for the healthcare sector, offering a comprehensive solution that integrates seamlessly with Electronic Medical Records (EMR) systems. Their core product includes an AI-powered Medical Assistant™, which automates the referral process, drastically reducing turnaround time from seven days to just one, while enhancing patient scheduling efficiency by 15%. The platform allows healthcare providers to securely send, receive, edit, and manage documents through various channels, including fax, email, and SMS. By automating incoming document synchronization to patient charts, Medsender aids medical practices in minimizing administrative tasks, thus allowing professionals to focus more on patient care. Their services are primarily aimed at healthcare providers across the United States, facilitating smoother operations for hospitals, clinics, and individual practitioners.

Medsender operates on a subscription-based revenue model, providing its services primarily to healthcare organizations. Clients typically engage the company through various pricing plans based on the size of the practice and the volume of faxes processed. The flagship offering, Medsender's AI Medical Assistant™, serves as a pivotal tool for clients, streamlining the referral process and enabling efficient patient chart management. By subscribing to Medsender, healthcare providers gain access to advanced features including automated scheduling and smart data extraction, which further enhances operational efficiency. The company’s revenue structure reflects a focus on B2B transactions, catering directly to healthcare organizations that demand robust, secure fax solutions integrated within their existing operational frameworks.

The company plans to utilize the January 2025 funding for commercial team expansion, technology pipeline development, and industry-leading performance initiatives.

## Funding rounds

- Series A, Jan 13, 2025, $7.5M — Ballast Point Ventures

## Investors

- Ballast Point Ventures (https://capitalatlas.ai/funds/ballast-point-ventures) — Series A