Medality

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Medality - overview

Established

2020

Location

Cincinnati, OH, US

Primary Industry

Healthcare IT

About

Medality specializes in practice development solutions for radiologists and medical imaging organizations, enhancing clinical capabilities and efficiency through innovative training and educational resources. Medality, founded in 2020 in Cincinnati, US, offers tailored solutions for radiologists and medical imaging organizations. The company has completed 1 deal as of January 31, 2025. The founder's history includes prior entrepreneurial ventures, which have contributed to the establishment of Medality's focus and direction.


Medality offers a comprehensive suite of practice development solutions tailored specifically for radiologists and medical imaging organizations. Their core products include the Admin Portal, Emergency Series, Fellowship Certificates™, Microlearning Library, Clinical Readiness Solutions, Quality & Efficiency modules, and Practice Expansion services. These offerings facilitate the upskilling of radiologists in advanced imaging areas, enhancing diagnostic accuracy, improving turnaround times, and increasing the overall quality of care. The solutions address various use cases such as preparing residents for independent practice and fostering better hiring strategies.


Medality serves clients in over 100 countries, including North America, Europe, and Asia, encompassing hospital imaging departments, radiology private practices, and academic training programs. Medality generates revenue through a subscription-based model and partnerships with various healthcare organizations. Clients can engage with the platform through tiered subscription plans that grant access to different levels of content and services, catering to the specific needs of hospital imaging departments and academic centers. For instance, organizations may subscribe to access the Microlearning Library and Clinical Readiness Solutions, allowing them to implement targeted training programs for their radiology staff.


Revenue is also bolstered by the sale of individual products such as the Fellowship Certificates™ and Practice Impact Pathways. The revenue structure is primarily B2B, focusing on direct transactions with hospitals, radiology practices, and educational institutions, ensuring a steady stream of income tied to the professional development of radiology practitioners. In January 2025, TrueLearn LLC, a portfolio company of LLR Partners, acquired Medality. The acquisition enables TrueLearn LLC to expand its content and software solutions, leveraging Medality's expertise to enhance their offerings.


Future product developments are expected, focusing on advanced training modules for radiologists. Additionally, Medality plans to expand its presence in new international markets, targeting Europe and Asia by 2026.


Current Investors

TrueLearn LLC

Primary Industry

Healthcare IT

Sub Industries

Education & Training Website, Diagnostic, Medical & Imaging Laboratories, Healthcare IT

Website

www.medality.com

Verticals

HealthTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Medality - 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-onCompletedMedality-

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