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Mednefits

The most affordable, accessible, and customisable solution for dynamic employee benefits.

Founded 2015 Singapore Singapore 39 employees Series A Total: $9.00M Health Care, Health and Wellness +1

General Information

Company Name Mednefits
Founded Year 2015
Location Singapore Singapore
Employees 39
Industries Health Care, Health and Wellness, Sports
Funding Stage Series A
Social

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About Mednefits

Mednefits is a Health Care startup founded in 2015 and based in Singapore. It offers a B2B employee medical benefits platform designed to simplify the process for businesses to take care of their employees. With over 1,000 health and wellness partners in Singapore and Malaysia, Mednefits aims to positively disrupt the employee benefits market. Employers can sign up for free and utilize Mednefits to manage employee benefits, resulting in time and cost savings. The platform operates on a pay-per-use basis, eliminating platform or contract fees with no fixed plans, thus aligning with the organization’s existing HR policy and budget. In November 2020, Mednefits secured a SGD8.00M Series A investment from B Infinite. This investment is indicative of the confidence and support Mednefits has garnered from potential investors, underscoring the potential for growth and impact in the burgeoning employee medical benefits industry. Mednefits' approach to revolutionizing the management of employee benefits signifies a promising trajectory for increased efficiency and accessibility within the sector.

Business keywords: Employee Benefits, Healthcare Platform, HR Technology, Health and Wellness, Corporate Wellness, Healthcare Partnerships, Digital Health, Benefits Management, Healthcare Innovation, Technology Solutions, Employee Wellness, Healthcare Disruption

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Series A SGD8.00M 1
B Infinite
17 Nov 2020
Seed Round SGD1.00M -
01 May 2015

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FAQ About Mednefits

The most affordable, accessible, and customisable solution for dynamic employee benefits.
Mednefits was founded in 2015.
Mednefits is headquartered in Singapore.
Mednefits operates in Health Care, Health and Wellness and Sports. Its work centres on Employee Benefits, Healthcare Platform, HR Technology and Health and Wellness.
Mednefits has approximately 39 employees.
Mednefits has completed 2 funding rounds, raising a total of $9.00M. The latest funding stage is Series A.
Top alternatives and competitors to Mednefits include Eden Care Medical (YC S23), Stebby, Flip Health, SimpleTherapy, Found. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mednefits and Eden Care Medical (YC S23) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Mednefits, https://bouncewatch.com/company/mednefits, updated 31 December 2024. When citing, please name BounceWatch and link this page.

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