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MedXoom - About the company

MedXoom is an acquired company based in Boca Raton (United States), founded in 2013 by Jeffrey Toewe and Bradford Ress. It operates as a Cloud-based health benefits management platform for employers, patients, and providers. MedXoom has raised $11.4M in funding from investors like TTV Capital, Castellan and Las Olas. The company has 601 active competitors, including 148 funded and 109 that have exited. Its top competitors include companies like Hinge Health, Sharecare and Castlight.

Company Details

Cloud-based health benefits management platform for employers, patients, and providers. The company provides a member engagement solution for health providers to assist with care planning and healthcare costs. It enables employees and individuals to access different health plans, compare plans, and communicate with providers. It has features for payments, care team coordination, and more.
Social
Facebook
Email ID
*****@medxoom.com
Registered Address
75 5th St NW, Ste 2090 Atlanta, GA 30308
Key Metrics
Founded Year
2013
Location
Boca Raton, United States
Stage
Acquired
Total Funding
$11.4M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
10 - 49 as on Mar 01, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Allied (Jul 18, 2023)

MedXoom's acquisition details

MedXoom got acquired by Allied on Jul 18, 2023.
Click here to take a look at MedXoom's acquisition in detail
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MedXoom's funding and investors

MedXoom has raised a total funding of $11.4M over 2 rounds. Its first funding round was on Jun 05, 2019. Its latest funding round was a Series A round on Mar 31, 2021 for $*****. 3 investors participated in its latest round. MedXoom has 7 institutional investors.

Here is the list of recent funding rounds of MedXoom:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 31, 2021
4750557
Series A
7455665
6009796
3558569
9896084
Jun 05, 2019
1122469
Series A
2237179
6025998
1827988
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MedXoom's founders and board of directors

Founder? Claim Profile
The founders of MedXoom are Jeffrey Toewe and Bradford Ress. Jeffrey Toewe is the CEO of MedXoom.
Here are the details of MedXoom's key team members:

MedXoom's employee count trend

MedXoom has 10 - 49 employees as of Mar 26. Here is MedXoom's employee count trend over the years:
Employee count trend for MedXoom
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MedXoom's Competitors and alternates

Top competitors of MedXoom include Hinge Health, Sharecare and Castlight. Here is the list of Top 10 competitors of MedXoom, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hinge Health
Hinge Health
2015, San Francisco (United States), Public
Provider of virtual physical therapy and digital pain care solutions
$854M
84/100
2nd
Logo for Sharecare
Sharecare
2010, United States, Acquired
Provider of health and wellness social network for employees
$64M
78/100
3rd
Logo for Castlight
Castlight
2008, San Francisco (United States), Acquired
Cloud-based healthcare information on providers and pricing for enterprises
$181M
76/100
4th
Logo for Optum
Optum
2008, Chennai (India), Acquired
Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services
-
75/100
5th
Logo for Wellhub
Wellhub
2012, New York City (United States), Series F
Cloud based corporate wellness program for employee health, productivity, and retention
$85M
74/100
6th
Logo for HealthEquity
HealthEquity
2002, Draper (United States), Public
Employee benefits management platform for individuals and businesses
$15.3M
74/100
7th
Logo for Accolade
Accolade
2007, Plymouth Meeting (United States), Acquired
Cloud-based platform for employee health benefits
$228M
74/100
8th
Logo for Sword Health
Sword Health
2015, New York (United States), Series E
Provider of AI-powered digital physical therapy and pelvic health solutions
$450M
74/100
9th
Logo for Chapter
Chapter
2013, New York City (United States), Series E
Digital medicare plan and benefits management tool for employees and individuals
$284M
73/100
10th
Logo for Businessolver
Businessolver
1998, West Des Moines (United States), Late Stage
Cloud-based employee benefits administration solution
$65.2M
73/100
101st
Logo for MedXoom
MedXoom
2013, Boca Raton (United States), Acquired
Cloud-based health benefits management platform for employers, patients, and providers
$11.4M
49/100
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Looking for more details on MedXoom's competitors? Click here to see the top ones

MedXoom's Investments and acquisitions

MedXoom has acquired Benezon. MedXoom has not made any investments as of now.

Reports related to MedXoom

Here is the latest report on MedXoom's sector:

News related to MedXoom

lockFilter this list
Media has covered MedXoom for a total of 3 events in the last 1 year, 2 of them have been about company updates.
•
Allied Benefit Systems’ Acquisition of MedxoomGlobal Legal Chronicle•Aug 07, 2023•Allied, MedXoom
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