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MedCords Revenue & Funding (2024)

MedCords generated an estimated $6.4M in annual revenue in 2024. Source: GetLatka estimate

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 over time · latest figure estimated$0$1.5M$3M$4.5M$6M$7.5M201620172018201920202021202220232024$0$3.6M$5M$6.4MSource: GetLatka.com
YearMilestoneSource
2024MedCords Hit $6.4m revenue in October 2024Estimated
2023MedCords Hit $5m revenue in October 2023Estimated
2021MedCords Hit $3.6m revenue in April 2021Not recorded
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$0$0.2$600K$0.4$1.2M$0.6$1.8M$0.8$2.4M$1$3M201620172018Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2018Funding round$1.1M--Not recorded
2018Funding round$1.6M--Not recorded

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).

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.

MedCords Team GrowthReported headcount over time0408012016020020162017201820192020202120222023202400155155Source: GetLatka.com
YearMilestoneSource
2024Reached 155 employees (December 2024)Not recorded
2024Reached 173 employees (October 2024)Not recorded
2023Reached 173 employees (October 2023)Not recorded
2022Reached 188 employees (October 2022)Not recorded
2021Reached 149 employees (December 2021)Not recorded
2021Reached 78 employees (April 2021)Not recorded

Frequently Asked Questions about MedCords

What is MedCords's revenue?

As of 2024, MedCords generated an estimated $6.4M in annual revenue.

Who founded MedCords?

MedCords was founded by Shreyans Mehta.

When was MedCords founded?

MedCords was founded in 2016.

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?

As of 2024, MedCords had 155 employees.

Where is MedCords headquartered?

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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