When was MediSpend founded?

MediSpend was founded in 1999 and raised its 1st funding round 15 years after it was founded.

Where is MediSpend located?

MediSpend is headquartered in Portsmouth, United States.

How many employees does MediSpend have?

As of Dec 31, 2022, MediSpend has 33 employees, reflecting a 27% year-over-year growth in headcount.

Is MediSpend a funded company?

MediSpend is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Jul 29, 2014.

When was the latest funding round of MediSpend?

MediSpend's latest funding was a $***** Series A round on Jul 29, 2014, with participation from 1 investor. Its primary sector is GRC Software. In United States, the GRC Software sector has seen $430M in funding in 2026 to date.

Where does MediSpend rank among its competitors?

MediSpend ranks 27th amongst 722 active competitors, of which 136 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was OnFinance AI, which secured $4.2M in Sep, 2025.

Who are the top competitors of MediSpend?

MediSpend's top competitors include Symphony, Enigma and Behavox. Among them, OnFinance AI secured the most recent funding round in September, 2025.

MediSpend - 2026 Company Profile, Team, Funding & Competitors

MediSpend is an acquired company based in Portsmouth (United States), founded in 1999 by Tim Robinson and Michaeline Daboul. It operates as a Compliance management software for spend analytics in life sciences industry. MediSpend has raised an undisclosed amount in funding. The company has 722 active competitors, including 136 funded and 82 that have exited. Its top competitors include companies like Symphony, Enigma and Behavox.

Company Details

Medispend provides SaaS-based compliance management software for spend analytics in the life sciences industry. It offers solutions for spend management, data analytics, and HCP engagement solutions enabling life science companies to comply with global transparency laws. Its features include customizable workflows to analyze expenses, integration of data from disparate sources, regulation reporting for comparison with federal and state regulations.

Website: www.medispend.com/
Social
Phone Number: +1 **********

Key Metrics

Founded Year

1999

Location

Portsmouth, United States

Stage

Acquired

Latest Funding Round

Series A, Jul 29, 2014, $*****

Investors

EDG Partners

Ranked

27^th among 722 active competitors

Employee Count

33 as on Dec 31, 2022

Investment & Acquisitions

Alucio & 2 more

Similar Companies

Symphony & 730 more

Exit Details

Acquired by Susquehanna Growth Equity (May 26, 2021)

View MediSpend's full profile

MediSpend is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MMIS, INC CIN: 201344615 , United States, Active	Dec 31, 1999	-	33 (As on Dec 31, 2022)	-

MediSpend got acquired by Susquehanna Growth Equity on May 26, 2021 at an acquisition amount of $2.7B. It was facilitated by Canaccord Genuity Group.

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

MediSpend has raised funding over 1 round. Its latest funding round was a Series A round on Jul 29, 2014 for $*****. 1 investor participated in its latest round. MediSpend has 1 institutional investor.

Here is the list of recent funding rounds of MediSpend:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 29, 2014	6252917	Series A	4885714	8579270	3684854	3602478

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View details of MediSpend's funding rounds and investors

The founders of MediSpend are Tim Robinson and Michaeline Daboul.

Here are the details of MediSpend's key team members:

Tim Robinson: Co-Founder of MediSpend.
Contact Info: 1 email address
Michaeline Daboul: Ex-CEO of MediSpend.

View details of MediSpend's Founder profiles and Board Members

MediSpend's employee count trend

MediSpend has 33 employees as of Dec 22. The total employee count is 27.0% more than what it was in Dec 21. Here is MediSpend's employee count trend over the years:

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Top competitors of MediSpend include Symphony, Enigma and Behavox. Here is the list of Top 10 competitors of MediSpend, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Symphony 2014, New York City (United States), Series E	Compliance management solutions for financial institutions	$461M	Societe Generale, Barclays & 38 others	76/100
2nd	Enigma 2011, New York City (United States), Series C	Provider of business data and intelligence for risk and growth management	$130M	New Enterprise Associates, TriplePoint Capital ... & 18 others	72/100
3rd	Behavox 2014, London (United Kingdom), Series B	Provider of AI-driven platform for regulatory compliance and risk management	$168M	SoftBank Vision Fund, Promus Ventures & 30 others	71/100
4th	EXIGER 2013, New York City (United States), Acquired	Provider of supply chain risk management and compliance software solutions	$80M	JMI Management, Carrick Capital Partners & 2 others	69/100
5th	Thirdfort 2017, London (United Kingdom), Series B	Provider of automated identity verification and anti-money laundering compliance services	$24.5M	Mishcon, Breega & 37 others	67/100
6th	OnFinance AI 2023, Bengaluru (India), Seed	AI based compliance management solutions for financial services	$5.25M	Haystack, Surge Ventures & 70 others	67/100
7th	Conta Simples 2018, Sao Paulo (Brazil), Series B	Digital bank for businesses	$68.1M	Base10 Partners, Valor Capital Group & 17 others	65/100
8th	Center 2014, Bellevue (United States), Acquired	AI-based expense management software	$140M	Top Tier Capital Partners, Durable Capital Partners ... & 1 others	65/100
9th	Eudia 2023, Palo Alto (United States), Series A	AI powered risk management platform	$105M	General Catalyst, Backbone Capital & 12 others	64/100
10th	Access Fintech 2016, New York City (United States), Series C	Risk management solutions for financial institutions	$97.5M	BNY Mellon, Goldman Sachs & 12 others	63/100
27th	MediSpend 1999, Portsmouth (United States), Acquired	Compliance management software for spend analytics in life sciences industry	-	EDG Partners	55/100

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MediSpend has acquired 3 companies including Alucio, Real Life Sciences and MedCompli. MediSpend has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 30, 2025	Acquisition	Alucio	2019	San Francisco (United States)
Mar 04, 2025	Acquisition	Real Life Sciences	2015	Denver (United States)
May 22, 2024	Acquisition	MedCompli	2017	Gainesville (United States)