MedScout

A revenue acceleration platform for MedTech commercial teams

General Information
Company Name
MedScout
Founded Year
2021
Location (Offices)
Austin, United States +1
Founders / Decision Makers
Number of Employees
35
Industries
Health Care, CRM and Sales
Funding Stage
Series A
Social Media

MedScout - Company Profile

MedScout is a MedTech startup that offers a revenue acceleration platform for MedTech commercial teams. The company was founded in 2021 and is headquartered in the United States.

The platform leverages the latest healthcare claims data to provide actionable insights for sales representatives, ultimately enabling a more focused and efficient sales cycle. MedScout's proprietary dataset incorporates claims from Medicare and Commercial payers, covering over 310 million unique patients in the United States. Notably, the platform is updated monthly to ensure that the data remains fresh.

By translating over 34 billion raw claims into clear, actionable insights, MedScout empowers sales teams to identify and prioritize opportunities at every stage of the commercial cycle. What sets MedScout apart is its focus on intuitiveness; the platform is intentionally designed to be accessible for the entire team, ensuring that the valuable data can be effectively utilized by the sales representatives. Customers have described MedScout as the "Easy Button for Sales."

The startup recently secured a $5.00M in a Seed Round investment on 27 June 2023. The investment was led by prominent venture capital firms including LiveOak Venture Partners, Stage 2 Capital, Andreessen Horowitz (a16z), and Alumni Ventures Blockchain Fund.

Taxonomy: MedTech, healthcare claims data, revenue acceleration platform, actionable insights, sales cycle efficiency, medical device companies, diagnostic companies, claims intelligence, addressable market, territory analysis, data transformation, commercial teams, sales enablement, market insights, user-friendly interface

Funding Rounds & Investors of MedScout (3)

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Funding Stage Amount No. Investors Investors Date
Series A $15.00M 3 LiveOak Ventures 26 Jul 2024
Seed Round $5.00M 4 Alumni Ventures, LiveOak Ventures 27 Jun 2023
Pre Seed Round $800.00K 3 Luke Fernandez, Mario Feghali +1 09 Jun 2021

Latest News of MedScout

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No recent news or press coverage available for MedScout.

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