hystrix medical AG

peak performance in healthcare eCommerce

General Information
Company Name
hystrix medical AG
Founded Year
2017
Location (Offices)
Langenthal, Switzerland +1
Founders / Decision Makers
Number of Employees
17
Industries
E-Commerce, Health Care, Marketplaces +3
Funding Stage
Series A
Social Media

hystrix medical AG - Company Profile

is a Switzerland-based startup founded in 2017 that operates in the E-commerce and Healthcare industries. The company's slogan, "peak performance in healthcare eCommerce," perfectly encapsulates their mission. As an online digital marketplace, hystrix medical serves as the vital link between suppliers and purchasers of medical devices, implants, and related services, offering unprecedented efficiency and transparency for both parties involved in medtech procurement contracts. On the supply side, hystrix medical provides numerous benefits such as an additional sales channel, full market exposure, shortened time-to-market, and the facilitation of B2B marketing. Moreover, it simplifies the display of product, service, and education bundles, and even allows for the sale of products approaching expiry. The platform also enhances customer centricity by integrating EDI services. For hospitals and medical practices on the demand side, hystrix medical offers a sourcing channel, full market overview, and transparency. Additionally, it facilitates the sourcing of high-quality products, shortens time-to-offer, and provides economically optimal supplier options. The company also ensures market prices for optimal procurement experiences and expedites sourcing processes through integrated EDI services. In September 2020, hystrix medical secured a Series A investment of Fr. 3.00M, with prominent investors including Steyn Group, Jason C. Foster, Hirslanden AG, and Marko Bekker. This injection of capital further underlines the industry's confidence in the startup's potential to revolutionize healthcare eCommerce. With its innovative approach and strong investor backing, hystrix medical is poised to make a significant impact in the healthcare procurement landscape.

Taxonomy: eProcurement, Digitization, MedTech, Digital Marketplace, B2B Marketing, Marketplace Platform, EDI Services, Procurement Efficiency, Swiss Startups

Funding Rounds & Investors of hystrix medical AG (5)

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Funding Stage Amount No. Investors Investors Date
Series A Fr.3.00M 4 Jason C. Foster, Hirslanden AG +1 04 Sep 2020
Series A Unknown - 10 Sep 2019
Seed Round Fr.1.70M 1 StartAngels Network 12 Jul 2019
Grant €50.00K 1 EASME - EU Executive Agency for SMEs 01 Jan 2019
Seed Round Fr.860.00K - 01 Mar 2018

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