How Much Did Medic Raise?
Funding & Key Investors

Medic, a prominent non-profit organization operating at the intersection of mobile technology and public health, has successfully secured a total capital infusion of $1.2M. This financial trajectory, punctuated by a recent strategic investment of $150K, underscores the organization's critical role in digitizing health systems for underserved populations. By leveraging mobile connectivity, Medic continues to bridge the gap between remote health workers and essential medical data, ensuring that health systems remain resilient even in the most challenging environments.

What is Medic?

Medic
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Founded in 2010 and headquartered in San Francisco, Medic Mobile functions as a public charity dedicated to enhancing health outcomes through innovative software solutions. The company specializes in mobile health (mHealth) platforms that integrate SMS messaging, real-time data collection, and advanced analytics. These tools are specifically engineered to function in regions with limited or non-existent internet connectivity, empowering community health workers to provide high-quality care. By digitizing workflows, Medic enables health systems to track disease outbreaks, manage patient records, and coordinate care delivery with unprecedented efficiency, effectively positioning itself as a cornerstone of modern global health infrastructure.

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 family-run, private grantmaking foundation that focuses on proactively finding, funding, and supporting initiatives of interest to the family.

PPP

Public-Private Partnership

What's next for Medic?

With the support of its recent major strategic investment, Medic is poised to scale its digital health interventions across broader geographical regions. The organization is expected to focus on enhancing its analytics capabilities to provide deeper insights into population health trends, thereby enabling more proactive public health responses. As the demand for robust, offline-capable health technology grows, Medic's strategic roadmap likely includes deepening partnerships with international health ministries and expanding its open-source software ecosystem. This phase of growth will be critical in solidifying its market position as a leader in sustainable, technology-driven health equity, ensuring that its tools remain accessible and effective for the most vulnerable health systems globally.

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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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