MedShift logo — An Inc. 5000 Company

MedShift

An Inc. 5000 Company

Founded 2015 United States Charlotte, United States 56 employees Debt Financing Total: $118.33M Health Care

General Information

Company Name MedShift
Founded Year 2015
Location United States Charlotte, United States
Employees 56
Industries Health Care
Funding Stage Debt Financing
Social

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About MedShift

MedShift is a medical technology company that has rapidly ascended the ranks to become an Inc. 5000 Company since its founding in 2015. Headquartered in Charlotte, NC, the company has established itself as an emerging leader in the healthcare industry with a strong focus on technology and software as a service. This focus has allowed MedShift to become one of the largest and fastest-growing solution providers to the aesthetic industry. The company's operations span various markets, including Dermatology, Gynecology, Plastic Surgery, and MedSpa.

MedShift's business model revolves around four key lines: Express Specialty Device Subscription, Connected Product (IoT), Velocity Technology Suite (Enterprise Software as a Service), and the MedShift Store. The MedShift Store, an online marketplace, offers a wide range of complementary products and services, streamlining the complex supply-and-demand landscape of device consumables and injectables. Through these initiatives, MedShift aims to drive business transformation and power sales by leveraging modern technology.

The company has successfully partnered with 25 aesthetic manufacturers and distributors, offering a portfolio of 80+ devices to over 2,000 active medical providers. Additionally, MedShift has recently secured a significant $45.00M Debt Financing investment from Turning Rock Partners on 28 April 2023, further bolstering its position in the market.

Business keywords: Medical Technology, Healthcare Industry, Aesthetic Industry, Technology, Software as a Service, Device Subscription, Connected Product, Enterprise Software, Online Marketplace, Supply Chain, Sales Enablement, PRP (Platelet-rich Plasma)

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $45.00M 1
Turning Rock Partners
28 Apr 2023
Series B $63.00M 2
Micota Capital, OY6 Capital
20 Apr 2023
Series A $8.00M -
06 Apr 2021
Seed Round $2.33M 1
Brian Phillips
02 Jan 2016

MedShift Alternatives & Competitors

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FAQ About MedShift

An Inc. 5000 Company
MedShift was founded in 2015.
MedShift is headquartered in Charlotte, United States.
MedShift operates in Health Care. Its work centres on Medical Technology, Healthcare Industry, Aesthetic Industry and Technology.
MedShift has approximately 56 employees.
MedShift has completed 4 funding rounds, raising a total of $118.33M. The latest funding stage is Debt Financing.
Top alternatives and competitors to MedShift include Biolog-id, iRemedy, DOTmed.com, Inc, Solstice Medical, MediTechSafe, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MedShift and Biolog-id 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 MedShift, https://bouncewatch.com/company/medshift, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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