2024 Revenue
$6.4M
Customers
20K
Funding
$2.6M
YOY
26.5%
Avg ACV
$319
Team
155
Founded
2016
How MedCords CEO Shreyans Mehta grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | MedCords Hit $6.4m revenue in October 2024 | |
| 2023 | MedCords Hit $5m revenue in October 2023 | |
| 2021 | MedCords Hit $3.6m revenue in April 2021 | |
| 2016 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Funding round | $1.1M | - | - | |
| 2018 | Funding round | $1.6M | - | - |
Founder / CEO
Shreyans Mehta
CEO
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).
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
MedCords serves 20K customers.
MedCords Employees & Team Size
MedCords employs approximately 155 people as of 2026, down from 173 in 2023, including 4 sales reps that carry a quota. It serves 20K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 155 employees (December 2024) |
| 2024 | Reached 173 employees (October 2024) |
| 2023 | Reached 173 employees (October 2023) |
| 2022 | Reached 188 employees (October 2022) |
| 2021 | Reached 149 employees (December 2021) |
| 2021 | Reached 78 employees (April 2021) |
Frequently Asked Questions about MedCords
What is MedCords's revenue?
MedCords generates an estimated $6.4M in annual 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 across 2 rounds.
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.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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