How Much Did MedWhat Raise?
Funding & Key Investors

MedWhat has secured $3.2M in total capital, with its most recent funding round bringing in $2.6M in a major strategic investment. This significant backing underscores the company's progress in the virtual medical assistant space.

What is MedWhat?

MedWhat
SoftwareHealthcare SoftwareMobile App Development

MedWhat operates as a virtual medical assistant, leveraging artificial intelligence to deliver immediate responses to medical and health-related inquiries for both consumers and healthcare professionals. Its core technology is an intelligent super-computer that continuously refines its knowledge base through medical information and user health records. By employing cognitive computing, MedWhat aims to streamline the medical inquiry process and enhance the accuracy of its educational information over time. The company explicitly focuses on providing educational insights rather than offering medical advice, diagnoses, or treatment plans.

How much funding has MedWhat raised?

MedWhat has raised a total of $3.2M across 2 funding rounds:

2014

Angel/Seed

$560K

2017

Private Equity

$2.6M

Angel/Seed (2014): $560K with participation from Stanford Health Care and Startcaps Ventures

Private Equity (2017): $2.6M, investors not publicly disclosed

Key Investors in MedWhat

Stanford Health Care

Stanford Health Care, part of Stanford Medicine, is a renowned academic medical center providing patient care, medical education, and research. It is headquartered in Stanford, California.

Startcaps Ventures

Startcaps Ventures is likely an early-stage investment firm, potentially focusing on technology or healthcare startups, given its participation in MedWhat's seed funding.

What's next for MedWhat?

The substantial enterprise-level funding indicates MedWhat is poised for significant scaling and further development of its AI-driven medical information platform. This capital injection will likely fuel advancements in its cognitive computing capabilities, expand its data sources, and enhance its market penetration. The strategic nature of the recent investment suggests potential partnerships or integrations that could accelerate MedWhat's mission to improve access to reliable medical information.

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Frequently Asked Questions Regarding MedWhat Financial Insights

What are the most recent funding rounds that MedWhat has completed, and what were the funding rounds?
MedWhat has recently completed 2 funding rounds: Private Equity on May 31, 2017, Angel/Seed on Feb 18, 2014.
What is the total amount of funding MedWhat has raised to date?
MedWhat has raised a total of $3.2M in funding to date.
How many funding rounds has MedWhat completed?
MedWhat has completed 2 funding rounds.
How much funding did MedWhat raise in its most recent funding round?
MedWhat raised $2.6M in its most recent funding round.
Which was the largest funding round in MedWhat's history?
The largest funding round in MedWhat's history was $2.6M.
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