Network Medical
Latest round
- Series B
Last raised
- Nov 2013
Total raised
- Undisclosed
Investors
- 3
About Network Medical
Network Medical, Inc.Founded in 2011 in Birmingham, US, Network Medical, Inc. specializes in providing a comprehensive Durable Medical Equipment (DME) management solution. The company was acquired by StateServ Medical in January 2018, a move that marked a strategic pivot to enhance its service offerings. Davis Dolan, the founder of Network Medical, has a history of entrepreneurship in the healthcare sector.Network Medical, Inc. primarily offers a comprehensive Durable Medical Equipment (DME) management solution designed to improve the patient experience. Its flagship product, DMETrack, is a web-based platform that enables healthcare providers to efficiently place, track, and report DME orders from various locations, including the patient’s bedside.Network Medical, Inc. generates revenue through a service model that partners with healthcare providers and institutions, utilizing its DMETrack platform as a significant revenue driver. This model includes subscription fees for access to the platform, which provides clients with comprehensive order tracking and reporting capabilities.In the future, Network Medical, Inc. aims to launch new features for the DMETrack platform, focusing on enhancing user interface and functionality based on client feedback. The company is also exploring expansion into additional markets within the United States to widen its customer base by late 2023.590 mn will support these initiatives, particularly in product development and marketing efforts to attract new clients. The acquisition by StateServ Medical is expected to bolster its resources and capabilities in achieving these growth objectives.
Who invested in Network Medical
3 investors across 2 rounds
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Questions about Network Medical
Who invested in Network Medical?
Network Medical has 3 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 Network Medical raised?
Network Medical has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Network Medical last raise money?
Network Medical's most recent round on record is a Series B, in Nov 2013.
What does Network Medical do?
Network Medical is a software company.
Where is Network Medical headquartered?
Network Medical is headquartered in Birmingham, US.
Which VCs invest in companies like Network Medical?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Network Medical's stage. Their profiles are linked below.
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