BlueDot Medical Inc
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BlueDot Medical Inc - overview
Established
2002
Location
Charlotte, NC, US
Primary Industry
Medical Devices & Equipment
About
BlueDot Medical Inc is dedicated to enhancing healthcare through innovative solutions, primarily offering a comprehensive digital health platform that integrates various medical services and tools for improved patient care and operational efficiency. Founded in 2002, BlueDot Medical Inc operates from its headquarters in Charlotte, US, and specializes in innovative healthcare solutions. The company underwent a significant change when it was acquired by Numotion, a portfolio company of Audax Private Equity and LLR Partners, in January 2017. The CEO, Kevin Bilderback, leads the company in its mission to bridge technology and healthcare delivery.
Bluedotmed. net specializes in providing innovative healthcare solutions through its flagship product offerings that are designed to enhance patient care and streamline medical operations. The company's primary service is a comprehensive digital health platform that integrates telemedicine, electronic health records (EHR), and patient engagement tools into a single cohesive system. This platform aims to address various challenges within the healthcare sector, such as improving accessibility to healthcare services, facilitating remote consultations, and enhancing patient-provider communication.
Additionally, Bluedotmed. net serves a diverse clientele that includes hospitals, clinics, and healthcare providers, primarily targeting markets in North America and Europe. The company's solutions are tailored for healthcare professionals and end-users alike, aiming to improve healthcare delivery and patient outcomes across these regions. Bluedotmed.
net generates revenue through a subscription-based model, where healthcare providers pay for access to its platform and services based on their usage and specific needs. The transaction structure typically involves annual or monthly subscription plans that cater to different sizes of healthcare organizations, from small practices to large hospital systems. Each subscription includes access to various tools such as telehealth services, patient management systems, and data analytics features. The company may also engage in partnerships with healthcare institutions, establishing customized solutions that contribute to additional revenue streams.
This model allows Bluedotmed. net to maintain a consistent income flow while providing tailored technology solutions that meet the evolving demands of the healthcare industry. Looking forward, BlueDot Medical Inc aims to expand its product offerings with new releases and updates planned for the next fiscal year, enhancing its digital health platform capabilities. The company seeks to penetrate further into European markets by 2025, leveraging its recent acquisition to optimize growth strategies.
The funding from the acquisition deal in January 2017 will support these initiatives, allowing BlueDot to invest in technology development and market expansion efforts.
Current Investors
Numotion
Primary Industry
Medical Devices & Equipment
Sub Industries
Home Healthcare, Nursing Homes & Assisted Living, Medical Equipment Distributors
Website
www.bluedotmed.net
Company Stage
Add-on
Total Amount Raised
Subscriber access only
BlueDot Medical Inc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | BlueDot Medical Inc | - |
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