COMPANY PROFILE

MedShift

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Subscription services provider that enables medical practices to get the latest equipment and technology

Charlotte, United StatesFounded 2015Health Tech & Medtech

Valuation $100–250M Last recorded · 2021

Revenue $1–10M Latest reported FY

Headcount <100 Current team size

Total funding $100–500M Disclosed equity funding

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About MedShift

MedShift operates in the healthcare sector, providing innovative solutions that integrate Internet of Things (IoT) technology and device financing to enhance medical practices and patient care. The company serves healthcare providers and medical device manufacturers, offering products like Pulse IoT and Velocity software to upgrade and manage medical devices. MedShift's business model includes selling IoT-enabled devices, software subscriptions, and financing options for medical equipment. Revenue is generated through product sales, subscription fees, and financing interest. The company also collaborates with educational institutions like High Point University to recruit top-tier talent and support community initiatives.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2015
Headquarters: Charlotte, United States
Employees: 54
Open positions: None listed
Dealroom signal: 66.5/100
Industry: Health
Sub-industry: Medical Devices
Sector: Health Tech & Medtech, B2b Online Marketplace, Hard Tech
Technology: IoT InternetOfThings
Business model: Marketplace & ecommerce
Client focus: b2b
Links: Website LinkedIn

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Funding history

7 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
DEBTDebt	Oct 2024	$90M	—	Huntington National Bank	↗
GROWTH EQUITY VCOther financing	Oct 2024	$45M	—	Turning Rock Partners	↗

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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

MedShift website traffic

Latest recorded traffic for MedShift is 6K monthly website visits, down 36.2% over the last three months. MedShift's team declined 8.5% over the past year.

Latest monthly visits6K 3-month web change-36.2% 1-year team growth-8.5%

Monthly website visitsDec 2018–Jul 2026

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