What is MDsave?
Headquartered in Brentwood, Tennessee, and San Francisco, California, MDsave operates the world's first online healthcare marketplace. The platform functions as a critical intermediary, connecting patients seeking affordable, high-quality care with providers who offer bundled, upfront pricing. By utilizing proprietary technology to streamline the complex medical billing process, MDsave effectively reduces out-of-pocket costs for consumers while providing employers and insurance payers with a robust tool to manage deductible expenses. Since its inception in 2012, the company has focused on eliminating the opacity of medical costs, fostering a more efficient and equitable healthcare ecosystem.
How much funding has MDsave raised?
MDsave has raised a total of $22.1M across 4 funding rounds:
Other Financing Round
$2M
Private Equity
$14.1M
Private Equity
$5M
Debt
$1M
Other Financing Round (2013): $2M with participation from WindRose Health Investors
Private Equity (2015): $14.1M led by MTS Health Partners
Private Equity (2016): $5M supported by Cambia Health Solutions
Debt (2020): $1M featuring PPP
Key Investors in MDsave
Cambia Health Solutions
A total health solutions company based in Portland, Oregon, dedicated to transforming the healthcare experience through innovation and strategic investment.
WindRose Health Investors
A New York-based equity investment firm specializing in the healthcare services sector, focusing on companies that improve the efficiency and quality of care.
MTS Health Partners
A specialized investment firm providing strategic capital and advisory services to companies operating within the healthcare industry.
What's next for MDsave?
With the recent influx of capital, MDsave is well-positioned to accelerate its enterprise-level expansion. The strategic focus will likely center on deepening its integration with large-scale employer health plans and expanding its provider network to capture a larger share of the elective procedure market. By further refining its digital marketplace architecture, the company aims to enhance the user experience for both patients and healthcare systems, ultimately driving broader adoption of its transparent pricing model. As the industry continues to grapple with rising costs, MDsave's ability to deliver predictable, fair-market pricing will be a key driver of its long-term competitive advantage and market penetration.
See full MDsave company page
