Medisafe

company

About

Medisafe is a personalized tech platform that helps people manage their medications while providing insight into their daily habits.

Details

Last Funding Type
Series C
Last Funding Money Raised
$30M
Industries
Health Care,Medical,mHealth,Mobile Apps
Founded date
Jan 1, 2012
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Medisafe Project LTD

Medisafe is a digital patient engagement platform, empowering patients to stay on top of all their medications. Its approach leverages the billions of data points collected to personalize patient engagement and improve adherence and persistence to medications.

By addressing the major challenges of medication management utilizing a data science-driven approach, Medisafe improves patient adherence and quality of care. The company provides its pharma and payer partners the opportunity to engage each patient on an individual level, supporting them throughout the entire patient journey, and provides unique insights on behavior patterns critical for improving the patient experience. Medisafe had shown over numerous studies, both retrospective with tens of thousands of patients as well as RCTs, that its solutions improve adherence by up to 20%.

Founded following an accidental insulin overdose of the founder's father, the Medisafe solution currently has nearly 5 million registered users across iOS and Android smartphones, tablets, wearables, and Web solutions, who have recorded over 2 billion medication doses. Nearly 200,000 users have rated the app an average of 4.7 out of 5 stars in the App Store and Google Play store, making it the Top Rated solution in the category. Their accolades include Gartner Cool Vendors, Traction winner (Health 2.0 startup competition), Fast Company Most Innovative in Healthcare, Google and Apple Editors' Choice and Top Developer, etc.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$51.50M
Medisafe has raised a total of $51.50M in funding over 2 rounds. Their latest funding was raised on Feb 25, 2021 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 25, 2021 Series C $30M 13 ALIVE Israel HealthTech Fund
Sanofi Ventures
Detail
Mar 1, 2017 Series B $14.50M 9 M Ventures
Octopus Ventures
Detail
Jan 7, 2015 Series A $6M 5 Pitango VC Detail
Sep 23, 2013 Seed $1M 6 lool Ventures
Triventures
Detail
May 15, 2012 Seed 1 Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Medisafe has made 1 investments. Their most recent investment was on Jun 20, 2022, when Afropolitan raised $2.10M.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 20, 2022 Afropolitan
Pre-seed $2.10M Blockchain

Investors

Number of Lead Investors
Number of Investors
7
20
Medisafe is funded by 20 investors. ALIVE Israel HealthTech Fund and Sanofi Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
ALIVE Israel HealthTech Fund Yes Series C
Sanofi Ventures Yes Series C
OurCrowd Series C
7wire Ventures Series C
Consensus Business Group Series C
Leumi Partners Series C
lool Ventures Series C
M Ventures Series C
Menora Mivtachim Series C
Octopus Ventures Series C

Employee Profiles

Number of Employee Profiles
17
Medisafe has 17 current employee profiles, including Executive Omri Shor
Executive
Executive
Employee
Executive
Executive