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How MedCords CEO Shreyans Mehta grew MedCords to $6.4M revenue and 20K customers in 2024.

Developer of a medical record platform intended to store and maintain medical records digitally. The company's cloud-based platform uses machine learning and artificial intelligence to facilitate distant consultations, follow-up consultations with doctors and digitization of user's medical information, enabling patients to connect and consult with doctors and medical stores in a simplified manner.

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MedCords Revenue

In 2024, MedCords's revenue reached $6.4M. The company previously reported $5M in 2023. Since its launch in 2016, MedCords has shown consistent revenue growth.

MedCords Revenue GrowthReported revenue / ARR by year$0$2M$3M$5M$6M$8M201620172018201920202021202220232024$0$4M$5M$6MSource: GetLatka.com
YearMilestone
2024MedCords Hit $6.4m revenue in October 2024
2023MedCords Hit $5m revenue in October 2023
2021MedCords Hit $3.6m revenue in April 2021
2016Launched with $0 revenue

MedCords Valuation, Funding Rounds

MedCords has not publicly disclosed its valuation. The company has raised $2.6M in total funding to date.

MedCords has raised $2.6M in total funding across 2 rounds, with its most recent round in 2018.

MedCords Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$600K$1M$2M$2M$3M2016201720182016 cumulative: $0 • 2016 Founded: $02018 cumulative: $2M • 2016 Founded: $0 • 2018 Funding round: $2M2018 cumulative: $3M • 2016 Founded: $0 • 2018 Funding round: $2M • 2018 Funding round: $1M$3M2016 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Funding round$1.1M--
2018Funding round$1.6M--

MedCords Employees & Team Size

MedCords employs approximately 155 people as of 2026, down from 173 in 2023.

MedCords has 155 total employees in different roles and functions and 4 sales reps that carry a quota. They have 20K customers that rely on the company's solutions.

MedCords Team GrowthReported headcount over time0408012016020020162017201820192020202120222023202400155155Source: GetLatka.com
YearMilestone
2024Reached 155 employees (December 2024)
2024Reached 173 employees (October 2024)
2023Reached 173 employees (October 2023)
2022Reached 188 employees (October 2022)
2021Reached 149 employees (December 2021)
2021Reached 78 employees (April 2021)

Founder / CEO

Shreyans Mehta

Shreyans Mehta is the Co-Founder at MedCords. Additionally, Shreyans Mehta has had 1 past job as the Former CMO at IndiaReads.com ( Acquired by Value Network).

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Customers

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Frequently Asked Questions about MedCords

What is MedCords's revenue?

MedCords generates $6.4M in revenue.

Who founded MedCords?

MedCords was founded by Shreyans Mehta.

Who is the CEO of MedCords?

The CEO of MedCords is Shreyans Mehta.

How much funding does MedCords have?

MedCords raised $2.6M.

How many employees does MedCords have?

MedCords has 155 employees.

Where is MedCords headquarters?

MedCords is headquartered in Kota, Rajasthan, India.

Compare MedCords to the industry

MedCords operates across multiple industries. Browse revenue, funding, and growth data for MedCords in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

MedCords Revenue 2024: $6.4M ARR, $2.6M Raised