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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
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 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 | Source |
|---|---|---|---|---|---|
| 2018 | Funding round | $1.1M | - | - | |
| 2018 | Funding round | $1.6M | - | - |
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).
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
MedCords serves 20K customers.
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.
MedCords generates an estimated $6.4M in annual revenue.
MedCords was founded by Shreyans Mehta.
The CEO of MedCords is Shreyans Mehta.
MedCords raised $2.6M across 2 rounds.
MedCords has 155 employees.
MedCords is headquartered in Kota, Rajasthan, India.
MedCords operates across multiple industries. Browse revenue, funding, and growth data for MedCords in each sector below.
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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2024 Revenue
$6.4M(Est.)
Customers
20K
Funding
$2.6M
Avg ACV
$319
Team
155
Founded
2016
| Year | Milestone | Source |
|---|---|---|
| 2024 | MedCords Hit $6.4m revenue in October 2024 | Estimated |
| 2023 | MedCords Hit $5m revenue in October 2023 | Estimated |
| 2021 | MedCords Hit $3.6m revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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