MedConnection LLC

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MedConnection LLC - overview

Location

Phillipsburg, NJ, US

Primary Industry

Materials

About

MedConnection LLC specializes in innovative healthcare solutions designed to enhance patient engagement and optimize medical operations through technology-driven services. Founded by Oskar Kedor, MedConnection LLC operates from Phillipsburg, US, focusing on telemedicine solutions. The company has executed one deal as of May 29, 2019, showcasing its active presence in the healthcare technology sector. MedConnection delivers a telemedicine platform that enables virtual consultations, remote patient monitoring, and effective health data management, primarily targeting healthcare providers such as hospitals and clinics, as well as individual patients.


The company's services are concentrated in North America and Europe, where there is a notable demand for telehealth solutions. MedConnection's revenue model relies on subscription-based services offered to healthcare institutions, allowing clients to select tiered subscription plans that provide access to various features of the telemedicine platform. The company also explores partnerships with insurance providers for reimbursement of telehealth services, aiming for a diverse revenue stream from both B2B and direct-to-consumer segments. Looking forward, MedConnection plans to launch new products that enhance its telemedicine offerings, targeting release by mid-2024.


The company seeks to expand its market reach into Asia by the end of 2025, supported by the funding received from the latest deal in May 2019, which will facilitate necessary technology upgrades and market entry strategies.


Current Investors

EPTAM Plastics, Inc.

Primary Industry

Materials

Sub Industries

Rubber & Plastics

Website

www.medconnection.net

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

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MedConnection LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedMedConnection LLC-

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MedConnection LLC - employee data

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