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Medshift Completes $108 Million Capital Raise To Continue Innovation

PRIVATEApr 20, 2023

Amount Raised

$108 Million

Round Type

Funding Round

CharlotteManufacturingInformation TechnologyBiotechnologyHealth CareMedicalMedical Deviceinformation technology & services

Investors

Oy6 CapitalMicota CapitalTurning Rock Partners

Description

The investment will further the brand's mission to transform the aesthetics industry through technology and software optimization.

Quick answer

MedShift raised $108 Million in a Funding Round round, dated April 20, 2023. Investors: Oy6 Capital, Micota Capital and Turning Rock Partners. MedShift is based in Charlotte, North Carolina, United States.

How much did MedShift raise?
MedShift raised $108 Million in a Funding Round round on April 20, 2023.
Who invested in MedShift?
Oy6 Capital, Micota Capital and Turning Rock Partners are named as investors in this round.
What does MedShift do?
MedShift, a medical technology company founded in 2015 and headquartered in Charlotte, NC, is an emerging leader in the healthcare industry.
Where is MedShift based and how big is it?
MedShift is based in Charlotte, North Carolina, United States. Fundz records about 60 employees.
Who are the decision-makers at MedShift?
Fundz holds 1 contact at MedShift. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Medical Device around the same time

Companies in the same sectors as MedShift that raised within 45 days of this round, from Fundz verified event records.

  • Flyte Aviation, Inc. raised $8M on March 23, 2023.
  • Conformal Medical raised $35M on May 26, 2023.
  • VERTOS MEDICAL INC raised $45M on May 22, 2023.
  • Autonomix Medical raised $2.4M (Seed) on May 17, 2023.
  • InspireMD raised $42M on May 12, 2023.
  • MED-X raised $120K (Pre-Seed) on May 6, 2023.

Who to call at MedShift, and when

A new round usually means MedShift is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day MedShift raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at MedShift, from your own LinkedIn network

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Company Information

Company

MedShift

Location

328 W Carson Blvd

Charlotte, North Carolina, United States

About

MedShift, a medical technology company founded in 2015 and headquartered in Charlotte, NC, is an emerging leader in the healthcare industry. MedShift is one of the largest and fastest growing solution providers to the aesthetic industry and is differentiated by its technology and software as a service focus. The company brings opportunities to drive growth and scale to medical device manufacturers as well as individual medical providers across various markets, including Dermatology, Gynecology, Plastic Surgery, and MedSpa. MedShift’s business is centered around three technology divisions, Specialty Device Subscription, Connected Medical Device (IoT), and the Velocity Technology Suite (Enterprise Software as a Service), and a range of complementary products and services that streamline the complex supply-and-demand landscape of device consumables and injectables. MedShift’s mission is to drive business transformation and power sales through the use of modern technology. The company currently has partnered with 25 aesthetic manufacturers and distributors, a portfolio of 80+ devices and over 2,000 active medical providers.

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MedShift raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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