What is MDsave?
Headquartered in Brentwood, Tennessee, and San Francisco, California, MDsave operates the world's first online healthcare marketplace. The platform serves as a critical intermediary, connecting patients seeking affordable, high-quality care with providers who offer transparent, upfront pricing. By leveraging cutting-edge technology, the company effectively mitigates the friction typically associated with medical billing, offering a streamlined experience that benefits patients, employers, and healthcare providers alike. Since its inception in 2012, MDsave has focused on reducing out-of-pocket costs and improving the overall efficiency of the healthcare delivery system through its proprietary digital infrastructure.
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
WindRose Health Investors
WindRose Health Investors is a private equity firm established in 2000 that focuses exclusively on making investments within the healthcare services sector.
Cambia Health Solutions
Cambia Health Solutions is a comprehensive health solutions organization dedicated to transforming the healthcare experience through innovation and strategic investment.
MTS Health Partners
MTS Health Partners is a specialized investment firm that provides 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 scale its operations and expand its reach within the enterprise healthcare market. The company's strategic roadmap likely involves deepening its integration with employer-sponsored health plans and enhancing its digital marketplace features to accommodate a broader range of medical procedures. As the firm moves beyond its initial growth phase, the focus will shift toward optimizing provider network density and refining its data-driven approach to cost transparency. By maintaining its commitment to fair pricing and administrative simplicity, MDsave is poised to capture a larger share of the burgeoning digital health services sector, ultimately driving long-term value for its stakeholders and the patients it serves.
See full MDsave company page
