# Medtrainer

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

- Industry: Software
- Headquarters: Redlands, US
- Website: www.medtrainer.com
- Total disclosed funding: $54M
- Latest round: Series B (Apr 13, 2022)
- Investors on record: 2

## About

Founded in 2013 by Jorge Fernandez and CEO Steve Gallion, and based in California, US, Medtrainer, Inc. provides a compliance and training management solution for healthcare providers and administrators. In April 2022, Medtrainer, Inc. raised USD 43 million in Series B funding led by Vista Equity Partners, with participation from Telescope Partners. 

The products of the company include learning, credentialing, and compliance. Learning is a training software that offers features to assign, manage and complete training from a remote location and also enables administrators to monitor team activities through a dashboard. Credentialing provides features for administrators to automate tasks, re-credentialing, document tracking, and more. Compliance offers features including disaster preparedness, equipment management, incident reporting, document and policies, and more.

The company generates revenue through its SaaS-based platform that monetizes on a subscription-based pricing plan. The plans include individual package, self-managed, and fully managed. The charges depend on the number of users and providers.  

The company plans to use the Series B funding for the expansion and development of its product and its reach into new markets.

## Funding rounds

- Series B, Apr 13, 2022, $43M — Vista Equity Partners, Telescope Partners
- Series A, Aug 2, 2019, $11M — Telescope Partners

## Investors

- Telescope Partners (https://capitalatlas.ai/funds/telescope-partners) — Series A, Series B
- Vista Equity Partners (https://capitalatlas.ai/funds/vista-equity-partners) — Series B