# MEDWING

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

- Industry: Healthcare IT
- Headquarters: Berlin, Germany
- Website: www.medwing.com
- Total disclosed funding: $78M
- Latest round: Series C (Mar 9, 2023)
- Investors on record: 8

## About

MEDWING GmbH, based in Berlin, Germany, operates a specialized job platform that connects healthcare professionals with hospitals and clinics, enhancing recruitment efficiency in the healthcare sector.MEDWING GmbH is engaged in providing a job platform tailored for the healthcare sector. Founded in 2017 in Berlin, Germany, by Johannes Roggendorf (CEO) and Timo Fischer, the company has evolved its business strategy to focus on matching healthcare professionals with employers. The company has successfully raised EUR 44.000 mn in Series C funding as of March 9, 2023, bringing its total amount raised to EUR 44.000 mn and its current valuation to EUR 1,533.209 mn. MEDWING has completed four funding deals to date, with notable investors including Adevinta Ventures, Atlantic Labs, Cathay Capital, Cherry Ventures, Northzone, and Quadrille Capital.MEDWING primarily offers a job platform specifically designed for the healthcare sector, linking healthcare professionals with leading hospitals, clinics, and other healthcare institutions seeking qualified personnel. The platform allows users to create detailed professional profiles, which are matched with job opportunities that align with their skills and preferences. MEDWING provides direct job applications, visibility to potential employers through profile matching, and a headhunting service where personal career advisors assist users in securing suitable positions. The platform caters to a diverse clientele, including hospitals and clinics across Germany and other European markets, and targets professionals such as registered nurses, healthcare managers, and specialized medical personnel.MEDWING generates revenue through its job placement services, utilizing a commission-based structure for successful placements made via its platform. Healthcare institutions pay fees for access to the platform and for each candidate successfully hired through MEDWING’s services. The company operates on a B2B model, facilitating partnerships with healthcare employers while enabling direct interactions with healthcare professionals seeking employment. The company aims to introduce new products designed to enhance user experience on its platform, although specific product launch dates have not been disclosed. The expansion strategy is focused on solidifying its market position in these key regions in the near future.

## Funding rounds

- Series C, Mar 9, 2023, $47M — Northzone, Cathay Capital, Quadrille Capital, Cherry Ventures, Atlantic Labs, Adevinta Ventures
- Series B, May 26, 2020, $31M — Northzone, Cathay Capital, Schibsted Growth, H14, Cherry Ventures, Atlantic Labs
- Series A, Dec 1, 2018 — Northzone, Cherry Ventures, Atlantic Labs
- Seed, Oct 1, 2017 — Cherry Ventures, Atlantic Labs

## Investors

- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Seed, Series A, Series B, Series C
- Atlantic Labs (https://capitalatlas.ai/funds/atlantic-labs) — Seed, Series A, Series B, Series C
- Northzone (https://capitalatlas.ai/funds/northzone) — Series A, Series B, Series C
- Cathay Capital — Series B, Series C
- Schibsted Growth (https://capitalatlas.ai/funds/schibsted-growth) — Series B
- H14 — Series B
- Quadrille Capital (https://capitalatlas.ai/funds/quadrille-capital) — Series C
- Adevinta Ventures (https://capitalatlas.ai/funds/adevinta-ventures) — Series C