Medical Departures
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Medical Departures - overview
Established
2014
Location
Singapore, -, Singapore
Primary Industry
Internet
About
Medical Departures is a healthcare technology company facilitating medical tourism by connecting patients with clinics and healthcare providers worldwide, thereby enhancing accessibility to various medical services. Medical Departures was founded in 2014 and is headquartered in Singapore. The company operates primarily in the medical tourism sector, offering a platform that connects patients with healthcare providers for various medical services. Founded by Paul Mctaggart, who has a background in the healthcare industry, the company raised USD 2.
5 million in Series A funding on March 22, 2016, led by Cento Ventures with participation from multiple investors. The total amount raised by the company is USD 2. 5 million, primarily from this funding round. Medical Departures specializes in providing a platform for medical tourism, enabling patients to find and book healthcare services abroad.
Their offerings include a comprehensive database of clinics and healthcare providers, along with reviews and cost comparisons, catering to individuals seeking affordable medical procedures. The company's services are designed to assist patients in navigating the complexities of seeking treatment outside their home countries, ensuring access to quality care while addressing logistical concerns associated with international healthcare. In 2023, Medical Departures reported a revenue of USD 0 and an EBITDA of USD -2,264. Medical Departures plans to enhance its platform by launching new features aimed at improving user experience and expanding service offerings through new partnerships.
The company is also targeting growth in North America and Europe, with plans to increase its presence in these regions by the end of 2024. Recent funding from the Series A round will be utilized to develop these new features and support market expansion efforts.
Current Investors
Hubert Burda Media, CyberAgent Capital, Cento Ventures
Primary Industry
Internet
Sub Industries
Healthcare IT, Internet
Website
www.medicaldepartures.com
Company Stage
Series A
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.