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Medmonk - About the company

Medmonk is a seed company based in Itasca (United States), founded in 2012 by Abbas Mehdi. It operates as a Provider of a patient support services to simplify and accelerate patient access to therapy. Medmonk has raised $120K in funding. The company has 2747 active competitors, including 117 funded and 86 that have exited. Its top competitors include companies like NimbleRx, Blink Health and Pharmacy2U.

Company Details

Medmonk is a patient support services company that partners with pharmaceutical manufacturers to simplify and accelerate patient access to therapy. Our comprehensive solutions include HUB Services, Copay Assistance Programs, Patient Support Programs, Prior Authorization, Reimbursement Support, Specialty Pharmacy Coordination, and Access Services, helping reduce barriers to treatment and improve the patient journey. Headquartered in Itasca, Illinois, Medmonk has a team of 52–60 employees dedicated to delivering customized, technology-enabled solutions that improve speed to therapy and patient outcomes nationwide.
Email ID
*****@medmonk.com
Phone Number
+1 **********
Key Metrics
Founded Year
2012
Location
Itasca, United States
Stage
Seed
Total Funding
$120K in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
10 as on Dec 31, 2025
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Medmonk's funding and investors

Medmonk has raised a total funding of $120K over 2 rounds. Its first funding round was on 2012. Its latest funding round was a Seed round on Jun 19, 2012 for $*****. 1 investor participated in its latest round. Medmonk has 2 institutional investors.

Here is the list of recent funding rounds of Medmonk:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 19, 2012
1250545
Seed
7579206
8522512
8731283
1850932
2012
5199
Seed
3438
7829
6423
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Medmonk's founders and board of directors

Founder? Claim Profile
The founders of Medmonk is Abbas Mehdi.
Here are the details of Medmonk's key team members:

Medmonk's employee count trend

Medmonk has 10 employees as of Dec 25. The total employee count is 150.0% more than what it was in Dec 24. Here is Medmonk's employee count trend over the years:
Employee count trend for Medmonk
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Medmonk's Competitors and alternates

Top competitors of Medmonk include NimbleRx, Blink Health and Pharmacy2U. Here is the list of Top 10 competitors of Medmonk, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for NimbleRx
NimbleRx
2015, Palo Alto (United States), Acquired
Provider of digital pharmacy management software and prescription delivery services
$74.7M
75/100
2nd
Logo for Blink Health
Blink Health
2015, New York City (United States), Series B
Online pharmacy offering discounted prescription drugs
$165M
75/100
3rd
Logo for Pharmacy2U
Pharmacy2U
1999, Leeds (United Kingdom), Series C
Online pharmacy and teleconsultation platform
$313M
75/100
4th
Logo for SastaSundar
SastaSundar
2011, Kolkata (India), Acquired
Provider of an online marketplace for health care products
$48.2M
74/100
5th
Logo for DocMorris
DocMorris
2000, Aachen (Germany), Acquired
Online pharmacy providing pharmacy products and healthcare services
$88.3M
74/100
6th
Logo for API Holdings
API Holdings
2012, Mumbai (India), Series F
Digital healthcare management tool
$1.19B
73/100
7th
Logo for MedPlus
MedPlus
2006, Hyderabad (India), Seed
Web/mobile platform to order for general & prescription based medicines
$1.28M
-
72/100
8th
Logo for Arogga
Arogga
2020, Dhaka (Bangladesh), Seed
Provider of an online pharmacy for healthcare products
$5.7M
70/100
9th
Logo for PharmEasy
PharmEasy
2015, Mumbai (India), Series F
Online medical store offering pharmaceutical products and diagnostic services
$688M
70/100
10th
Logo for Medlife
Medlife
2014, Bengaluru (India), Acquired
Provider of an online pharmacy for medications
-
66/100
57th
Logo for Medmonk
Medmonk
2012, Itasca (United States), Seed
Provider of a patient support services to simplify and accelerate patient access to therapy
$120K
49/100
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Medmonk's Investments and acquisitions

Medmonk has made no investments or acquisitions yet.

Reports related to Medmonk

Here is the latest report on Medmonk's sector:

News related to Medmonk

Media has covered Medmonk for 1 event in last 1 year, It was about company updates.
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FAQs about Medmonk

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