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About MedScout
Industries
Enterprise Software
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$20.2M
Headquarters
Austin, Texas
Founded
2021
Overview
Company Does Not Provide H1B Sponsorship
MedScout.io provides a platform aimed at enhancing revenue for medical device and diagnostic companies. The platform integrates various sales tools, including CRM systems, maps, spreadsheets, and note-taking applications, into a single user-friendly interface. It utilizes medical claims intelligence from both public and private payors to identify potential clients, such as physicians and medical centers, tailored to the specific targeting needs of sales professionals. This feature enables sales representatives to broaden their territories and uncover new growth opportunities. MedScout.io operates on a subscription model, offering monthly or annual plans, along with a free trial to facilitate onboarding for entire sales teams. The primary goal of MedScout.io is to streamline the sales process for medical device and diagnostic sales professionals, allowing them to concentrate on selling more effectively.
Simplify's Take
What believers are saying
- Raised $15M Series A to enhance sales intelligence tools.
- Growing trend of personalized medicine boosts diagnostic sales strategies.
- Increased telehealth adoption positively influences medical device sales.
What critics are saying
- Emerging startups like SalesIntel and ZoomInfo increase competition.
- Rapid AI advancements may outpace MedScout's current offerings.
- Healthcare regulation changes could impact client operations and demand.
What makes MedScout unique
- MedScout integrates CRM, maps, and notes into one intuitive platform.
- The platform uses medical claims intelligence to highlight potential clients.
- MedScout offers a user-friendly interface for seamless CRM integration.
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Funding
Total Funding
$20.2M
Above
Industry Average
Funded Over
2 Rounds
Andreessen HorowitzIndustry standards
Benefits
Health Insurance
Vision Insurance
Dental Insurance
Remote Work Options
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↓ -2%2 year growth
↓ -2%AUSTIN, TX — MedScout, a revenue acceleration platform revolutionizing commercial operations for medtech and life sciences companies, has closed a $15M Series A funding round led by Fulcrum Equity Partners, with continued support from existing investors, Stage 2 and LiveOak Ventures. This funding will accelerate MedScout's strong progress in providing advanced sales intelligence tools purpose-built for selling into healthcare.
Stage2 is thrilled to share that Stage2 led a $5 million Seed Investment into MedScout, joined by its friends at LiveOak Venture Partners, Alumni Ventures and a16z Scout Fund.
"We’re grateful for Stage 2’s support and belief in our vision, and we think it’s a perfect fit. The first VC firm backed by hundreds of GTM executives supporting the GTM platform for selling into healthcare!”. .
MedScout, an Austin TX-based provider of a revenue intelligence platform for sales teams at medical device, pharmaceutical, and home health companies, raised $800k in Pre-Seed funding. The round was led by LiveOak Venture Partners, whit participation from Chuck Gordon and Mario Feghal and Luke Fernandez. The company will use the funds to expand product development rolling […]
MedScout, a revenue intelligence platform focused on enabling the sales teams at medical device, pharmaceutical, and home health companies, announces that it has closed an $800k pre-seed round led by LiveOak Venture Partners.
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About MedScout
Industries
Enterprise Software
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$20.2M
Headquarters
Austin, Texas
Founded
2021
MedScout is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today