rivamed

Medical Devices & EquipmentSeries BBeijing, Chinarivamed.cn

Latest round

Series B

Last raised

Jan 2021

Total raised

Undisclosed

Investors

4

About rivamed

Founded in 2014, Rivamed is based in Beijing, China, and focuses on developing smart medical management systems.Rivamed specializes in the development and provision of advanced smart medical solutions specifically designed for hospital environments. Their core product offerings include a range of intelligent medical management systems such as smart medication cabinets, intelligent narcotic drug management carts, and RFID-enabled high-value consumable management systems. These products leverage Internet of Things (IoT) technology to enhance the efficiency and accuracy of clinical workflows, addressing critical needs such as resource allocation in operating rooms, supply chain management, and daily nursing operations.Rivamed’s revenue model primarily involves B2B transactions, where hospitals and healthcare providers procure their smart medical management systems to enhance operational efficiency. The business structure centers around the direct sale of their products, potentially supplemented by service agreements for ongoing support and technology updates. While specific pricing plans for their flagship products, such as the smart high-value consumable cabinet and the intelligent medication management cabinet, are not disclosed, it is understood that pricing structures may include initial purchase costs followed by potential subscription-based services for software support and upgrades. The financial terms of the deal were not disclosed. Moving forward, Rivamed plans to develop and launch new products aimed at enhancing their existing offerings. They are also looking to expand into new markets, specifically targeting further penetration in Asia and Europe by the end of 2023.

Who invested in rivamed

4 investors across 2 rounds

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Funding rounds

  1. Series B

    Jan 21, 2021

    Amount

    Undisclosed

    Investors

    Locked

  2. Series A

    Dec 12, 2017

    Amount

    Undisclosed

    Investors

    Locked

Questions about rivamed

Who invested in rivamed?

rivamed 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 rivamed raised?

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

When did rivamed last raise money?

rivamed's most recent round on record is a Series B, in Jan 2021.

What does rivamed do?

Founded in 2014, Rivamed is based in Beijing, China, and focuses on developing smart medical management systems.

Where is rivamed headquartered?

rivamed is headquartered in Beijing, China.

Which VCs invest in companies like rivamed?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back medical devices & equipment companies at rivamed's stage. Their profiles are linked below.

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