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.

Who is the current CEO of MediSpend?

Michaeline Daboul of MediSpend.

How many employees does MediSpend have?

As of Jun 30, 2026, the latest employee count at MediSpend is 180.

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.

Where does MediSpend rank among its competitors?

MediSpend ranks 49th amongst 1219 active competitors, of which 176 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Verily, which secured $300M in Mar, 2026.

Who are the top competitors of MediSpend?

MediSpend's top competitors include Verily, Symphony and EXIGER. Among them, Verily secured the most recent funding round in March, 2026.

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 1219 active competitors, including 176 funded and 107 that have exited. Its top competitors include companies like Verily, Symphony and EXIGER.

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

49^th among 1219 active competitors

Employee Count

180 as on Jun 30, 2026

Investment & Acquisitions

Alucio & 2 more

Similar Companies

Symphony & 484 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, 2018)	-

MediSpend got acquired by Susquehanna Growth Equity on May 26, 2021.

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	3627074	Series A	7239168	9766820	6314504	3405548

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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: Co-Founder & CEO of MediSpend and founder of 1 other company.

View details of MediSpend's Founder profiles and Board Members

MediSpend's employee count trend

MediSpend has 180 employees as of Jun 26. Here is MediSpend's employee count trend over the years:

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Top competitors of MediSpend include Verily, Symphony and EXIGER. 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	Verily 2015, Dallas (United States), Series D	A data platform and technology company purpose-built to power AI-enabled precision health	$2.8B	Silver Lake, Temasek & 9 others	82/100
2nd	Symphony 2014, New York City (United States), Series E	Compliance management solutions for financial institutions	$461M	CLSA, Societe Generale & 38 others	75/100
3rd	EXIGER 2013, New York City (United States), Acquired	Provider of supply chain risk management and compliance software solutions	$80M	Thecarlylegroup.fr, Insight Partners & 3 others	71/100
4th	Kyruus Health 2010, Boston (United States), Acquired	Provider of software solutions for clinical decision making	$196M	Venrock, Highland Capital Partners & 19 others	68/100
5th	OnFinance AI 2023, Bengaluru (India), Seed	Developer of artificial intelligence agents for automated regulatory compliance management	$5.25M	Haystack, Indian Angel Network & 72 others	67/100
6th	Truveta 2020, Seattle (United States), Series C	Provider of healthcare data platform for learning services	$515M	Trinity Health, Illumina & 7 others	65/100
7th	Featurespace 2008, Cambridge (United Kingdom), Acquired	Developer of risk management and fraud prevention software solutions	$111M	Imperial Innovations, Merian Global Investors ... & 24 others	65/100
8th	Conta Simples 2018, Sao Paulo (Brazil), Series B	Digital bank for businesses	$68.2M	Y Combinator, Valor Capital Group & 17 others	65/100
9th	nference 2013, Cambridge (United States), Series C	Provider of an AI platform for clinical data analysis and insights	$134M	Mayo Clinic, Mayo Clinic Ventures & 3 others	64/100
10th	Carta Healthcare 2017, San Mateo (United States), Series B	Provider of an AI platform for clinical data management solutions	$80.6M	Storm Ventures, Maverick Ventures & 26 others	64/100
49th	MediSpend 1999, Portsmouth (United States), Acquired	Compliance management software for spend analytics in life sciences industry	-	EDG Partners	51/100

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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)