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MedServe

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MedServe, healthcare and waste-management professionals, is focused on catering the waste management needs of healthcare companies

Bellaire, United StatesFounded 2003Biotechnology
Valuation $100–250M Last recorded · 2009
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About MedServe

MedServe operates as a non-profit organization with a mission to bridge the gap in healthcare services for medically underserved communities. The organization was co-founded by Anne Steptoe and Patrick O'Shea. In 2016, MedServe won the North Carolina Social Entrepreneurship Contest.

The core of MedServe's operation is a two-year fellowship program that places recent pre-medical college graduates into primary care clinics in rural areas across North Carolina. This model serves a dual purpose: it provides essential human capital to clinics in need and offers fellows hands-on experience, encouraging them to become champions for health equity in their future medical careers. The program is structured around a "match, immerse, and support" framework. MedServe matches its service-minded fellows with primary care practices that are leading community health initiatives. Fellows are then immersed in these communities as full-time members of the clinic staff. To prepare them for this role, they undergo a rigorous two-week training institute and receive ongoing skills development through quarterly summits.

Functioning as an AmeriCorps program, MedServe provides paid, service-learning fellowships. The roles filled by fellows are specifically designed to meet the human capital needs of the community clinics they serve. By connecting these aspiring health professionals with underserved populations, MedServe aims to inspire a new generation of primary care providers dedicated to working in areas with limited healthcare access. The organization's efforts have been recognized for their potential to create a lasting impact on community health and for providing a pipeline of physicians for rural areas.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2003
Headquarters
Bellaire, United States
Employees
16
Open positions
None listed
Dealroom signal
51.4/100
Sector
Biotechnology
Investment activity
1 company, latest Feb 2006
Capital deployed
—
Preferred round
ACQUISITION

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit May 2009 $185M $185M Stericycle —
SERIES C✓Equity / VC May 2008 $8M $32M Chrysalis Ventures · Murphree Venture Partners —
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Growth signals

MedServe website traffic

Latest recorded traffic for MedServe is 260 monthly website visits.

Latest monthly visits260
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

  • Chrysalis Ventures
  • Murphree Venture Partners

Other known investors1 additional known investor

  • Stericycle
Team profiled 7 named & role-tagged
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Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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