# Medway Medical Residence

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medway-medical-residence

- Industry: Education/Training
- Headquarters: Sao Paulo, Brazil
- Website: www.medway.com.br
- Total disclosed funding: $16M
- Latest round: Series A (Mar 10, 2022)
- Investors on record: 8

## About

Based in Sao Paulo, Brazil, and founded in 2017 by Micael Hamra, Alexandre Remor, and João Vitor Fernando, Medway Medical Residence Ltd. operates as an online training service provider that assists candidates for medical residency programs. In March 2022, Medway Medical Residence Ltd. raised USD 15.5 million in series A, led by new investor Softbank Latin America Ventures, with participation from other new investors Scale-Up Ventures, neuron.VC, and Global Founders Capital.

Medway offers medical programs and mentorship programs that include live, recorded video classes from specialist doctors through its application as well as a website platform. The company also offers a study management platform that helps students track their progress and schedule their study time. It also provides CRMedway which includes training through live questions and tests, face-to-face training, and simulated skill stations for test preparation. The company provides preparation for São Paulo tests such as USP, UNIFESP, UNICAMP, SUS-SP, USP-RP, ISCMSP, IAMSPE, UNESP, and EINSTEIN.

The company generates revenue by charging BRL 4,997 for its resident program, BRL 3,297 for medway mentorship program, and BRL 1,997 for its CRMedway Online platform.

The company plans to use the March 2022 funding to enter a competitive market and expand into five additional states. It also plans to develop products that will assist doctors at all stages of their careers.

## Funding rounds

- Series A, Mar 10, 2022, $16M — Global Founders Capital, Equitas Capital, Neuron.vc, Ansan Traffic Group Ltd., Grao, Scale-Up Ventures, Aggir Ventures, Upload Ventures

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series A
- Equitas Capital (https://capitalatlas.ai/funds/equitas-capital) — Series A
- Neuron.vc (https://capitalatlas.ai/funds/neuron-vc) — Series A
- Ansan Traffic Group Ltd. — Series A
- Grao (https://capitalatlas.ai/funds/grao) — Series A
- Scale-Up Ventures (https://capitalatlas.ai/funds/scale-up-ventures-2) — Series A
- Aggir Ventures (https://capitalatlas.ai/funds/aggir-ventures) — Series A
- Upload Ventures — Series A