How Much Did Medi Raise?
Funding & Key Investors

Medi, a company focused on digital document transformation, has secured significant capital, with its total funding reaching $150K. The most recent financing round, a major strategic investment, brought in $150K, underscoring the company's established position in the market. This latest infusion of capital signals a period of accelerated growth and strategic expansion for the document management solutions provider.

What is Medi?

Medi
SoftwareDatabase & File Management SoftwareBusiness Services

Medi, operating under the name MEDI by Cornerstone, specializes in converting physical documents into digital records, offering a comprehensive suite of services including document management software, secure document shredding, and efficient document scanning. With over 25 years of industry experience, MEDI empowers businesses and government entities to streamline their operations by reducing paper clutter, thereby saving time, money, and physical space. The company is dedicated to providing scalable, customized solutions that adapt to evolving client needs, ensuring secure and efficient record management.

How much funding has Medi raised?

Medi has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Medi?

The substantial late-stage funding of $150K, highlighted by the recent strategic investment of $150K, positions Medi for significant market penetration and technological advancement. This capital injection is expected to fuel further development of their document management software, enhance their scanning and shredding capabilities, and potentially expand their service offerings into new verticals or geographic regions. Medi's focus on efficiency and security in document management aligns with the growing demand for digital transformation across industries, suggesting a trajectory of sustained growth and market leadership.

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Frequently Asked Questions Regarding Medi Financial Insights

What are the most recent funding rounds that Medi has completed, and what were the funding rounds?
Medi has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Medi has raised to date?
Medi has raised a total of $150K in funding to date.
How many funding rounds has Medi completed?
Medi has completed 1 funding rounds.
How much funding did Medi raise in its most recent funding round?
Medi raised $150K in its most recent funding round.
Who are the lead investors in Medi's latest funding round?
The lead investor in Medi's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Medi's history?
The largest funding round in Medi's history was $150K.
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