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Medinet

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Offers solutions for healthcare providers and patients

Sydney, AustraliaFounded 2018Health Tech & Medtech

Valuation $50–100M Last recorded · 2022

Revenue $1–10M Latest reported FY

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Medinet

Medinet is an online platform offering 24/7 access to Australian General Practitioners (GPs) for medical consultations. The service allows patients to receive medical advice, prescriptions, specialist referrals, and medical certificates from the comfort of their home or on the go. Medinet caters to individuals who need immediate medical attention and cannot wait for a traditional GP appointment. The platform operates in the healthcare market, targeting patients across Australia who require timely medical consultations. Medinet's business model revolves around providing on-demand medical services through a subscription or pay-per-consultation model, generating revenue from patient fees. The platform also facilitates booking face-to-face appointments at various medical practices across the country. By offering a convenient and accessible healthcare solution, Medinet aims to bridge the gap between patients and healthcare providers, ensuring timely medical care.

MoreLess Source: Dealroom company data

At a glance

Status: Acquired
Founded: 2018
Headquarters: Sydney, Australia
Employees: 45
Open positions: None listed
Dealroom signal: 58.3/100
Industry: Health
Sub-industry: Health Platform
Sector: Health Tech & Medtech, Hard Tech
Business model: Marketplace & ecommerce
Client focus: b2c
Links: Website LinkedIn

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
ACQUISITION✓Exit	Mar 2025	$0	—	Medibank	↗
EARLY VC✓Equity / VC	Mar 2022	$10M	$40M	Medibank	↗

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023
2022
2021
2020		—

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Growth signals

Medinet website traffic

Latest recorded traffic for Medinet is 5.7K monthly website visits, up 2092.3% over the last three months. Medinet's team declined 10% over the past year.

Latest monthly visits5.7K 3-month web change+2092.3% 1-year team growth-10%

Monthly website visitsJun 2020–Jul 2026

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