Tech Company Financing Transactions
MedMinder Systems Funding Round
Accelmed, Arkin Bio-Ventures and private investors invested in a $40 million capital raise for MedMinder Systems. This venture round was announced on 3/23/2021.
Transaction Overview
Company Name
Announced On
3/23/2021
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Undisclosed
Investors
Accelmed (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its connected care and telehealth offering, scale its commercial operations by opening additional automated pharmacy locations in high-density metropolitan areas across the U.S., and expand its management, sales and marketing teams with strategic hires.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
30 Wexford St.
Needham, MA 02494
USA
Needham, MA 02494
USA
Phone
Website
Email Address
Overview
MedMinder Systems Inc. provides services that simplify medication management and improve medication adherence.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eran Shavelsky
Chief Financial Officer
Robert Cartwright
VP - Engineering
Dmytro Aviedov
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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