M
Medminder
Provides solutions that simplify medication management and improve medication adherence
About Medminder
MedMinder operates in the healthcare technology sector, focusing on medication management solutions for the elderly. The company offers automated pill dispensers that help seniors maintain their independence by ensuring they take their medications on time. These dispensers are designed to be user-friendly, featuring built-in cellular and Wi-Fi connectivity for easy setup and monitoring. In addition to the dispensers, MedMinder provides a pharmacy service that pre-organizes and delivers prescriptions directly to customers' doors, offering a comprehensive medication management solution. The primary clients are elderly individuals and their caregivers, who benefit from the enhanced safety and convenience of the system. MedMinder's business model revolves around the sale of its pill dispensers and subscription-based pharmacy services. Revenue is generated through direct sales of the devices and recurring subscription fees for the pharmacy service. The company operates in the healthcare market, specifically targeting medication adherence and elderly care.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2007
- Headquarters
- Norwood, United States
- Employees
- 99
- Open positions
- None listed
- Dealroom signal
- 39.9/100
- Industry
- Health
- Sub-industry
- Medical Devices, Health Platform
- Sector
- Health Tech & Medtech, Medication Adherence, Pharmacy, Risk Management, Telemedicine, Tech for Patients, Silver Economy, Hard Tech, elderly care
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Aug 2022 | $10M | $40M | Accelmed | ↗ |
| DEBTDebt | Aug 2022 | $25M | — | SWK Holdings Corporation | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Medminder is 18K monthly website visits, up 114.3% over the last three months. Medminder's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
US Department of Health and Human Services
Series A2 investors entered at this stage
Eliassen Group- TVTrinnovate Ventures
Series B and later3 investors entered at this stage
Arkin Capital
Accelmed
SWK Holdings Corporation
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Medminder on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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