When was Medica founded?

Medica was founded in 2004 and raised its 1st funding round 17 years after it was founded.

Where is Medica located?

Medica is headquartered in Hastings, United Kingdom. It is registered at One Priory Square 6th Floor, One Priory Square, Hastings, East Sussex, England, TN34 1EA.

How many employees does Medica have?

As of Sep 30, 2026, the latest employee count at Medica is 317.

Is Medica a funded company?

Medica is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Mar 23, 2021.

When was the latest funding round of Medica?

Medica's latest funding was a $***** Post IPO round on Mar 23, 2021, with participation from 2 investors.

Where does Medica rank among its competitors?

Medica ranks 4th amongst 91 active competitors, of which 10 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Rology, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of Medica?

Medica's top competitors include 5C Network, vRad and Rad Partners. Among them, Rology secured the most recent funding round in December, 2025.

Medica - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Medica an acquired company?

Medica got acquired by IK Partners on Apr 24, 2023.

Medica is an acquired company based in Hastings (United Kingdom), founded in 2004. It operates as a Provider of teleradiology and communication services for healthcare organizations and professionals. Medica has raised an undisclosed amount in funding. The company has 91 active competitors, including 10 funded and 10 that have exited. Its top competitors include companies like 5C Network, vRad and Rad Partners.

Company Details

Provider of teleradiology and communication services for healthcare organizations and professionals. The company provides digital services for different radiology networks, administrative works, and clinical operations. The company provides services such as patient report generation and analysis, emergency support, and colonography reports & examinations.

Website: medica.co.uk
Social
Email ID: *****@medica.co.uk
Phone Number: +44 **********
Registered Address: One Priory Square 6th Floor, One Priory Square, Hastings, East Sussex, England, TN34 1EA

Key Metrics

Founded Year

2004

Location

Hastings, United Kingdom

Stage

Acquired

Latest Funding Round

Post IPO, Mar 23, 2021, $*****

Investors

CBPE Capital & 4 more

Ranked

4^th among 91 active competitors

Employee Count

317 as on Sep 30, 2026

Investment & Acquisitions

Moonlight Bidco & 3 more

Similar Companies

5C Network & 124 more

Exit Details

Acquired by IK Partners (Apr 24, 2023)

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Medica is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
MEDICA GROUP PLC CIN: 8497963 , Germany, Active	Apr 21, 2013	-	123 (As on Dec 31, 2019)

Medica got acquired by IK Partners on Apr 24, 2023 at an acquisition amount of $*****.

Click here to take a look at Medica's acquisition in detail

Medica has raised funding over 1 round. Its latest funding round was a Post IPO round on Mar 23, 2021 for $*****. 2 investors participated in its latest round. Medica has 5 institutional investors.

Here is the list of recent funding rounds of Medica:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 23, 2021	4898059	Post IPO	1350113	7010711	9209967	6876432

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Medica's employee count trend

Medica has 317 employees as of Sep 26. Here is Medica's employee count trend over the years:

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Top competitors of Medica include 5C Network, vRad and Rad Partners. Here is the list of Top 10 competitors of Medica, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	5C Network 2017, Bengaluru (India), Series A	Provider of an AI-powered radiology platform	$12.1M	Celesta Capital, Unitus Ventures & 34 others	62/100
2nd	vRad 2001, Eden Prairie (United States), Acquired	Provider of an AI-based software solution for radiology image analysis and teleradiology services	$25M	Summit Partners, Pittco & 3 others	62/100
3rd	Rad Partners 2012, El Segundo (United States), Series E	On-site radiology practice	$2.22B	New Enterprise Associates, Future Fund & 8 others	55/100
4th	Medica 2004, Hastings (United Kingdom), Acquired	Provider of teleradiology and communication services for healthcare organizations and professionals	-	CBPE Capital, Strategic Equity Capital & 3 others	52/100
5th	Rology 2017, Cairo (Egypt), Seed	Provider of an AI-based online teleradiology platform for radiologists	$860K	Philips, Egypt Ventures & 14 others	52/100
6th	USARAD Holdings 2008, Oakland Park (United States), Acquired	Provider of AI-based teleradiology solutions for hospitals and out-patient services	$3M	Siemens, Omphalos Ventures & 1 others	50/100
7th	Telemedicine Clinic 2002, Barcelona (Spain), Acquired	Teleradiology reporting and radiology systems provider	$9.71M	Kennet Partners, Active Venture Partners & 1 others	48/100
8th	Natoe AI 2024, Tampa (United States), Unfunded	Provider of AI-powered platform for radiology workflow automation and reporting	-	-	44/100
9th	DocPanel Technologies 2016, New York City (United States), Seed	Radiology platform connecting providers, patients, and pharma for precision care	$2.72M	NSFO	44/100
10th	eRAD 1998, Greenville (United States), Acquired	eRAD automates the business and clinical workflow of medical imaging through it's various products including RIS, PACS, Speech Recognition, CTRM, and more!	-	-	42/100

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Medica has not made any investments yet. Medica has made 4 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 24, 2023	Acquisition	Moonlight Bidco		London (United Kingdom)
Mar 23, 2021	Acquisition	RadMD	1999	Maryland Heights (United States)
Mar 22, 2021	Acquisition	RadMD	2006	Conshohocken (United States)