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.
- Website
- medxoom.com
- 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
101st among 601 active competitors
Employee Count
10 - 49 as on Mar 01, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Allied (Jul 18, 2023)
Legal entities associated with MedXoom
MedXoom is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MEDXOOM INC CIN: 47-4302152 , United States, Active | Apr 20, 2015 | - | 12 (As on Dec 31, 2021) | - |
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
Sign up to download MedXoom's company profile
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 |
View details of MedXoom's funding rounds and investors
MedXoom's founders and board of directors
Founder? Claim ProfileHere are the details of MedXoom's key team members:
- Jeffrey Toewe: Founder & CEO of MedXoom. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Bradford Ress: Co-Founder of MedXoom.
View details of MedXoom's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hinge Health 2015, San Francisco (United States), Public | Provider of virtual physical therapy and digital pain care solutions | $854M | 84/100 | |
2nd | Sharecare 2010, United States, Acquired | Provider of health and wellness social network for employees | $64M | 78/100 | |
3rd | Castlight 2008, San Francisco (United States), Acquired | Cloud-based healthcare information on providers and pricing for enterprises | $181M | 76/100 | |
4th | Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services | - | 75/100 | ||
5th | Wellhub 2012, New York City (United States), Series F | Cloud based corporate wellness program for employee health, productivity, and retention | $85M | 74/100 | |
6th | HealthEquity 2002, Draper (United States), Public | Employee benefits management platform for individuals and businesses | $15.3M | 74/100 | |
7th | Accolade 2007, Plymouth Meeting (United States), Acquired | Cloud-based platform for employee health benefits | $228M | 74/100 | |
8th | Sword Health 2015, New York (United States), Series E | Provider of AI-powered digital physical therapy and pelvic health solutions | $450M | 74/100 | |
9th | Chapter 2013, New York City (United States), Series E | Digital medicare plan and benefits management tool for employees and individuals | $284M | 73/100 | |
10th | Businessolver 1998, West Des Moines (United States), Late Stage | Cloud-based employee benefits administration solution | $65.2M | 73/100 | |
101st | MedXoom 2013, Boca Raton (United States), Acquired | Cloud-based health benefits management platform for employers, patients, and providers | $11.4M | 49/100 |
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
Media has covered MedXoom for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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Zelis® Research on Payer Concerns Over Administrative ComplexityZelis Healthcare•Jul 30, 2026•MedXoom
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Zelis® a Leader in Everest Group's PEAK Matrix® Assessment 2026Zelis Healthcare•Jul 14, 2026•MedXoom
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Zelis® Launches AI-Native Solution to Help Payers Address Rising IDR ChallengesZelis Healthcare•Jun 24, 2026•MedXoom
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Benezon joins Medxoom to lead the Healthcare Consumer RevolutionACROFAN•Oct 12, 2022•MedXoom, Benezon
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Announcing Medxoom Signals™ - Advanced Healthcare Risk Mitigation Solution for Stop-Loss CarriersBusiness Wire•Jul 12, 2022•MedXoom
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Medxoom Raises $8MM in Series A Financing to Scale its Healthcare Marketplace SolutionsBusiness Wire•Apr 03, 2021•MedXoom, Castellan, Las Olas, TTV Capital
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Paragon Benefits and Medxoom Partner to Bring Technology to Lowering Healthcare CostsBusiness Wire•Sep 02, 2020•Paragonbenefits, MedXoom
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