RecoMed

RecoMed

Powering the future of healthcare bookings.

Founded 2013

South Africa 28 employees Corporate Round Total: $6.00M E-Commerce, Health Care +1

RecoMed is disrupting the healthcare industry in South Africa with its powerful online booking platform and marketplace, which has earned it the title of the largest and fastest-growing technology-driven healthcare booking platform in the country. The company seamlessly connects practitioners, patients, and other stakeholders in the healthcare ecosystem, offering patients the convenience of booking appointments with various healthcare providers 24/7 via their phone or desktop. This unique end-to-end functionality is made possible through RecoMed’s advanced patient-practitioner interfaces and proprietary API-based deep industry integrations, marking an industry first. Additionally, RecoMed's marketplace offering connects health providers directly to a variety of medical schemes, life insurers, websites, and other channels, driving increased patient footfall into their practices. The company's impressive clientele includes industry leaders such as Discovery Group, Clicks, Dis-Chem, Altron, Alpha Pharm, Bankmed, Healthbridge, and others. Founded in 2013, RecoMed operates at the intersection of e-commerce and healthcare, leveraging technology to streamline and enhance the patient experience. The company has garnered significant support from both local and international investors, with backing from reputable names such as Springlab, ASISA ED Fund (managed by Edge Growth), Havaíc, Growth Grid Venture Capital Partners, AAIC (Japan), Push Ventures (Kenya), and Vunani Fintech Fund. Recently, RecoMed secured a Corporate Round investment at 07 March 2024 with backing from Eisai, indicating continued investor confidence in the company's growth and potential within the healthcare tech space. With its innovative approach, broad industry support, and impressive growth trajectory, RecoMed shows promising potential for further disruption and expansion in the future.

Funding Stage	Amount	Investors	Lead Investors	Date
Corporate Round	Undisclosed	1	Eisai	07 Mar 2024
Venture Round	$1.50M	4	PUSH Ventures, AAIC Holdings +2	27 Oct 2021
Non Equity Assistance	Undisclosed	1	Yale Africa Startup Review	05 Apr 2021
Venture Round	ZAR4.50M	2	Growth Grid Venture Capital Partners, HAVAÍC	16 Nov 2017

Funding Stage

Amount

Investors

Lead Investors

Date

Corporate Round

Undisclosed

Eisai

07 Mar 2024

Venture Round

$1.50M

PUSH Ventures, AAIC Holdings +2

27 Oct 2021

Non Equity Assistance

Undisclosed

Yale Africa Startup Review

05 Apr 2021

Venture Round

ZAR4.50M

Growth Grid Venture Capital Partners, HAVAÍC

16 Nov 2017

FAQ About RecoMed

Powering the future of healthcare bookings.

RecoMed was founded in 2013.

RecoMed is headquartered in South Africa.

RecoMed operates in E-Commerce, Health Care and Marketplaces. Its work centres on online booking platform, healthcare marketplace, patient-practitioner interface and API-based integrations.

RecoMed has approximately 28 employees.

RecoMed has completed 4 funding rounds, raising a total of $6.00M. The latest funding stage is Corporate Round.

Top alternatives and competitors to RecoMed include Nuna, DOMA.Market. Modern mobile marketplace., Bokadirekt, Avaana, Livemedy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

RecoMed and Nuna 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.

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Funding Rounds & Investors (4)

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