Latest round

Series A

Last raised

Apr 2021

Total raised

$11M

Investors

4

About Medxoom

Medxoom, Inc.Founded in 2015 in Atlanta, US, Medxoom, Inc. specializes in providing a health benefits platform.Medxoom offers a comprehensive health benefits platform tailored for brokers, employers, and third-party administrators (TPAs). Its platform includes features such as mobile messaging, a digital benefits wallet, e-payments, and digital explanation of benefits (EOBs) to facilitate better health benefits management. The platform empowers users to compare provider services and prices, aiding informed decision-making for healthcare.S.Medxoom generates revenue through subscription-based services and partnerships with employers and TPAs. Clients subscribe to the platform to enhance their benefits administration processes, which leads to improved operational efficiencies and member satisfaction.Following the acquisition by Allied Benefit Systems, LLC on July 18, 2023, Medxoom plans to leverage its new parent company's resources to enhance its health benefits solutions. The strategy aims to optimize existing offerings and possibly introduce new features, though specific new product launch dates have yet to be detailed. The acquisition is expected to support Medxoom in expanding its reach and effectiveness in health benefits management.

Who invested in Medxoom

4 investors across 2 rounds

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Funding rounds

  1. Series A

    Apr 2, 2021

    Amount

    $8M

    Investors

    Locked

  2. Seed

    May 31, 2019

    Amount

    $3.4M

    Investors

    Locked

Questions about Medxoom

Who invested in Medxoom?

Medxoom has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Medxoom raised?

Medxoom has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Medxoom last raise money?

Medxoom's most recent round on record is a Series A, in Apr 2021.

What does Medxoom do?

Medxoom is a software company.

Where is Medxoom headquartered?

Medxoom is headquartered in Atlanta, US.

Which VCs invest in companies like Medxoom?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Medxoom's stage. Their profiles are linked below.

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