Mednefits
The most affordable, accessible, and customisable solution for dynamic employee benefits.
The most affordable, accessible, and customisable solution for dynamic employee benefits.
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.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | SGD8.00M | 1 | B Infinite | 17 Nov 2020 |
| Seed Round | SGD1.00M | - | 01 May 2015 |
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