ScalaMed - About the company
ScalaMed is an acquired company based in Australia, founded in 2016 by Tal Rapke. It operates as a Provider of software for medical practice management. ScalaMed has raised an undisclosed amount in funding from HCF Catalyst. The company has 173 active competitors, including 50 funded and 8 that have exited. Its top competitors include companies like Medisafe, Wellth and Capsa Healthcare.
Company Details
Provider of software for medical practice management. The features provided by the software are monitoring, support, helping patients with their medication, patient reminders, education, instruction for use, interaction, allergy warnings, and automated recall to the clinics.
- Website
- scalamed.com
Key Metrics
Founded Year
2016
Location
Stage
Acquired
Latest Funding Round
Investors
Ranked
60th among 173 active competitors
Employee Count
1 - 10 as on Dec 31, 2024
Exit Details
Acquired by OutcomesMTM (Jul 14, 2022)
ScalaMed's acquisition details
ScalaMed got acquired by OutcomesMTM on Jul 14, 2022.
Click here to take a look at ScalaMed's acquisition in detail
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ScalaMed's funding and investors
ScalaMed has raised funding over 2 rounds. Its first funding round was on Feb 21, 2018. Its latest funding round was a Seed round on Mar 04, 2019 for $*****. 1 investor participated in its latest round. ScalaMed has 4 institutional investors.
Here is the list of recent funding rounds of ScalaMed:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 04, 2019 | 8150223 | Seed | 9798133 | 4445779 | 5983078 | 2837735 |
Feb 21, 2018 | 5879663 | Grant (prize money) | 9451893 | 6483935 | 6763226 |
View details of ScalaMed's funding rounds and investors
ScalaMed's founders and board of directors
Founder? Claim ProfileHere are the details of ScalaMed's key team members:
- Tal Rapke: Founder & CEO of ScalaMed.
View details of ScalaMed's Founder profiles and Board Members
ScalaMed's employee count trend
ScalaMed has 1 - 10 employees as of Dec 24. Here is ScalaMed's employee count trend over the years:
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ScalaMed's Competitors and alternates
Top competitors of ScalaMed include Medisafe, Wellth and Capsa Healthcare. Here is the list of Top 10 competitors of ScalaMed, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Medisafe 2012, Boston (United States), Series C | Provider of digital medication engagement and adherence platform | $51.5M | 72/100 | |
2nd | Wellth 2014, Brooklyn (United States), Series C | Provides AI and cloud-based platform for doctors for patient engagement and care | $73.1M | 66/100 | |
3rd | Capsa Healthcare 1968, Columbus (United States), Acquired | Provider of medication management system for healthcare providers and pharmacies | $8.3M | 64/100 | |
4th | Phil 2015, San Francisco (United States), Series D | Technology-driven hub simplifying medication access and improving patient outcomes | $100M | 64/100 | |
5th | Scene 2008, Brooklandville (United States), Series B | SaaS-based medication adherence platform for healthcare providers | $25.3M | 62/100 | |
6th | MedMinder Systems 2008, Needham (United States), Acquired | Smart pill box for monitoring medication adherence | $62.7M | 57/100 | |
7th | Sonara 2020, Dallas (United States), Seed | Provider of a remote medication monitoring system for hospitals | $5.82M | 56/100 | |
8th | Proteus Digital Health 2001, Redwood City (United States), Series H | Provider of cloud-based patient medication adherence monitoring system for the healthcare providers | $532M | 56/100 | |
9th | Cureatr 2011, New York City (United States), Acquired | Provider of cloud-based medication management software for healthcare providers | $40.8M | 54/100 | |
10th | PatchRx 2018, Tulsa (United States), Series A | Cloud-based patient medication adherence management solutions | $15M | 53/100 | |
60th | Provider of software for medical practice management | - | 33/100 |
Looking for more details on ScalaMed's competitors? Click here to see the top ones
ScalaMed's Investments and acquisitions
ScalaMed has made no investments or acquisitions yet.
Reports related to ScalaMed
Here is the latest report on ScalaMed's sector:
News related to ScalaMed
•
E-prescription specialist ScalaMed falls to foreign ownershipiTWire•Jul 13, 2022•ScalaMed, OutcomesMTM, Cardinal Health
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