How Much Did Medic Raise?
Funding & Key Investors

Medic, a non-profit public charity technology company specializing in mobile health, has secured $1.2M in total funding. The company recently announced a major strategic investment of $150K, underscoring its critical role in delivering health services to underserved populations.

What is Medic?

Medic
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Medic Mobile is at the forefront of leveraging technology to bridge healthcare gaps in remote areas. Founded in 2010 and headquartered in San Francisco, California, the organization specializes in mobile health solutions. Their platform integrates SMS messaging, robust data collection, and advanced analytics, empowering health workers and health systems to operate effectively even in environments with limited or no internet connectivity. This innovative approach ensures that essential health information and services can reach the most hard-to-reach communities, thereby enhancing public health outcomes.

How much funding has Medic raised?

Medic has raised a total of $1.1M across 2 funding rounds:

2016

Grant

$1M

2020

Debt

$150K

Grant (2016): $1M with participation from Peery Foundation

Debt (2020): $150K led by PPP

Key Investors in Medic

Peery Foundation

The Peery Foundation is a private grantmaking foundation that proactively identifies and supports initiatives aligned with the family's interests, focusing on making a positive impact through its selective grantmaking activities.

PPP

Public-Private Partnership

What's next for Medic?

The recent major strategic investment signals a period of significant growth and expansion for Medic Mobile. This capital infusion is expected to fuel the scaling of their mobile health initiatives, enabling the organization to reach more communities and strengthen existing health systems. With a focus on innovation and accessibility, Medic Mobile is poised to further solidify its position as a leader in global health technology, driving impactful change in areas where it is needed most.

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Frequently Asked Questions Regarding Medic Financial Insights

What are the most recent funding rounds that Medic has completed, and what were the funding rounds?
Medic has recently completed 2 funding rounds: Debt on May 2, 2020, Grant on Apr 3, 2016.
What is the total amount of funding Medic has raised to date?
Medic has raised a total of $1.1M in funding to date.
How many funding rounds has Medic completed?
Medic has completed 2 funding rounds.
How much funding did Medic raise in its most recent funding round?
Medic raised $150K in its most recent funding round.
Who are the lead investors in Medic's latest funding round?
The lead investor in Medic'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 Medic's history?
The largest funding round in Medic's history was $1M.
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