When was Medrium founded?

Medrium was founded in 1999 and raised its 1st funding round 3 years after it was founded.

Where is Medrium located?

Medrium is headquartered in Morristown, United States.

How many employees does Medrium have?

As of Jul 31, 2026, the latest employee count at Medrium is 14.

Is Medrium a funded company?

Medrium is a funded company, having raised a total of $30.2M across 7 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 2002.

When was the latest funding round of Medrium?

Medrium's latest funding was a $***** Venture Debt round on Sep 16, 2008, with participation from 1 investor. Its primary sector is Healthcare IT. In United States, the Healthcare IT sector has seen $5.67B in funding in 2026 to date.

Where does Medrium rank among its competitors?

Medrium ranks 141st amongst 3440 active competitors, of which 158 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Tebra, which secured $250M in Dec, 2025.

Who are the top competitors of Medrium?

Medrium's top competitors include athenahealth, ModMed and HealthPlix. Among them, Tebra secured the most recent funding round in December, 2025.

Medrium - 2026 Company Profile, Funding & Competitors

Medrium is an acquired company based in Morristown (United States), founded in 1999. It operates as a Web-based medical billing solutions and services for hospital-based physicians. Medrium has raised $30.2M in funding. The company has 3440 active competitors, including 158 funded and 177 that have exited. Its top competitors include companies like athenahealth, ModMed and HealthPlix.

Company Details

Medrium provides Web-based medical billing solutions for hospital-based physicians. Medrium Complete Practice Management (CPM) is a Web-based, ONC-ATCB certified and HIPAA compliant solution including practice management and EHR modules. Features include e-prescription, drug interaction information, lab reports, audit trails and customized reports. A clinical interface accumulates comprehensive patient visit records and administrative information to verify eligibility, schedule, post reimbursements, file claims and reconcile payment. Patients can access their information through a dedicated self-service portal.

Website: www.medrium.com
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Email ID: *****@Medrium.com

Key Metrics

Founded Year

1999

Location

Morristown, United States

Stage

Acquired

Total Funding

$30.2M in 7 rounds

Latest Funding Round

Venture Debt, Sep 16, 2008, $*****

Investors

ORIX & 3 more

Ranked

141^st among 3440 active competitors

Employee Count

14 as on Jul 31, 2026

Similar Companies

athenahealth & 4511 more

Exit Details

Acquired by Pulse Systems (Oct 06, 2015)

View Medrium's full profile

Medrium is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Medrium, Inc. CIN: 943326232 , United States, Active		-	-	-

Medrium got acquired by Pulse Systems on Oct 06, 2015.

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

Medrium has raised a total funding of $30.2M over 7 rounds. Its first funding round was on May 2002. Its latest funding round was a Venture Debt round on Sep 16, 2008 for $*****. 1 investor participated in its latest round. Medrium has 4 institutional investors.

Here is the list of recent funding rounds of Medrium:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 16, 2008	7383210	Venture Debt	6991775	8723701	2744988	6246694
Sep 10, 2008	6757300	Series C	2695458	7490031	5537069	NGN Capital & 2 more
Jan 2006	4815770	Series C	3508453	4083878	8283511	2231295

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View details of Medrium's funding rounds and investors

Medrium's employee count trend

Medrium has 14 employees as of Jul 26. Here is Medrium's employee count trend over the years:

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Top competitors of Medrium include athenahealth, ModMed and HealthPlix. Here is the list of Top 10 competitors of Medrium, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	athenahealth 1997, Watertown (United States), Acquired	Cloud-based administrative tool for healthcare providers	$49.1M	Ares Capital Corporation, Cardinal Partners ... & 12 others	87/100
2nd	ModMed 2010, Boca Raton (United States), Acquired	Cloud-based EMR and practice management software for clinics	$329M	Summit Partners, Pentland & 9 others	81/100
3rd	HealthPlix 2014, Bengaluru (India), Series C	Provider of EMR and clinic management software for healthcare professionals	$43M	Chiratae Ventures, Lightspeed & 20 others	73/100
4th	Hint Health 2013, San Francisco (United States), Series B	Provider of a SaaS-based practice management solution for healthcare professionals	$60.1M	AXA Venture Partners, StartX & 22 others	68/100
5th	Epic Systems 1979, Madison (United States), Funding Raised	Provider of suite software solutions for healthcare organizations	-	DSA Investments, Premji Invest & 4 others	67/100
6th	Medsphere Systems 2002, Carlsbad (United States), Series F	Open-source software provider for healthcare organizations	$151M	Azure Capital Partners, Western Technology Investment ... & 12 others	66/100
7th	MEDITECH 1969, Westwood (United States), Funding Raised	Developer of electronic health record software and related healthcare solutions	-	Summit Partners, Greylock Partners & 1 others	64/100
8th	Docon 2013, Bengaluru (India), Acquired	Digital healthcare platform to streamline medical practices and enhance patient care	-	-	64/100
9th	Somnoware 2013, Sunnyvale (United States), Acquired	Cloud platform streamlining sleep and respiratory care management workflows	$13.1M	CerraCap Ventures, Global Health Impact Fund ... & 3 others	64/100
10th	Tebra 2021, Corona (United States), Series D	Cloud based platform offering practice management tool for providers	$322M	Golub Growth, Slwcarehomes & 15 others	63/100
141st	Medrium 1999, Morristown (United States), Acquired	Web-based medical billing solutions and services for hospital-based physicians	$30.2M	ORIX, NGN Capital & 2 others	39/100