# The Medical Memory

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-medical-memory

- Industry: Healthcare IT
- Headquarters: Phoenix, US
- Website: www.themedicalmemory.com
- Total disclosed funding: $2.1M
- Latest round: Seed (Jul 8, 2015)
- Investors on record: 1

## About

The Medical Memory, LLC specializes in a HIPAA-compliant platform that enhances communication between patients and healthcare providers by enabling the recording and sharing of medical information.The Medical Memory, LLC was founded in 2008 and is headquartered in Phoenix, US. The company provides a platform for recording medical interactions and has made three deals since its inception, with the most recent one occurring on October 9, 2018. In this round, the company raised USD 0.15 mn in Venture Debt, contributing to a total amount raised of USD 2.10 mn. The CEO of the company is Kevin Gadawski.The Medical Memory offers a HIPAA-compliant platform that enhances patient-provider communication through the recording and sharing of medical information. Their core products include a mobile application for healthcare providers to record important interactions live, and a separate app for patients and families to access and review these recordings. This service addresses patient adherence to medical instructions, clarity of care details, and emotional support for families, especially when family members cannot attend consultations. The company serves a diverse range of healthcare facilities and professionals across specialties such as oncology, neurosurgery, and rehabilitation, primarily in the United States but with potential for international applications.The Medical Memory generates revenue through subscription-based models for both healthcare providers and patients. Healthcare facilities pay for access to the provider app to record consultations and send educational videos to patients. The patient app allows families to share recorded information, enhancing overall patient experience. This dual-structure model caters to both B2B clients and direct-to-consumer users, with pricing based on the specific needs of healthcare institutions and patient demographics.The Medical Memory plans to enhance its product offerings and expand its market reach. The recent funding raised in October 2018 will support the development of new features for their existing applications and the introduction of additional products designed for patient engagement. Furthermore, the company aims to expand into new geographic regions, specifically targeting applications in international markets that have similar healthcare needs. These initiatives reflect the company's strategic focus on improving patient-provider communication and broadening its user base.

## Funding rounds

- Seed, Jul 8, 2015, $2.1M — Provenance Venture Partners

## Investors

- Provenance Venture Partners (https://capitalatlas.ai/funds/provenance-venture-partners) — Seed