Medified

Medified

Dynamic mental health Monitoring Software.

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DateInvestorsAmountRound
-investor investor investor investor

€0.0

round
*

N/A

Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR20202021202220232024
Revenues00000000000000000000
% growth-150 %(28 %)--
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin10 %(292 %)(3128 %)--
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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More about Medified
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Medified Solutions Oy operates as a health technology firm with a focus on data-driven solutions for mental health treatment. The company was established in Tampere, Finland, in March 2019 by a group of medical students, including Valtteri Korkiakoski, who served as CEO. Korkiakoski's background, which combines studies in both medicine and industrial engineering, provided a foundation for addressing both clinical and technological needs in healthcare. The founders identified a lack of systematic tools for monitoring treatment in psychiatric care and aimed to create a solution.

The core of Medified's business is a digital platform designed to connect mental health patients with their healthcare providers. This platform consists of a mobile application for patients and cloud-based software for professionals. Patients use the app to complete brief daily quizzes about their mental state, which provides real-time data on their treatment progress. This information is then accessible to clinicians, enabling them to monitor patient recovery, personalize treatment plans, and allocate resources more effectively to those in urgent need. The software is a CE-certified medical device, ensuring that the end-to-end encrypted data flow between patients and professionals meets regulatory standards.

The company's business model is primarily a Software-as-a-Service (SaaS) offering targeted at public and private healthcare providers. By providing objective, clinically validated data, Medified helps practitioners make more informed decisions regarding treatment, which can lead to better patient outcomes. In November 2020, the company secured a grant and won several innovation challenges. A significant milestone occurred in February 2022 when Medified was acquired by Mindler, a Swedish digital psychology provider. This acquisition integrated Medified's technology and its seven-person team into Mindler's platform, with the goal of expanding the impact of their data-driven approach to a global scale.

Keywords: mental health monitoring, digital health, health technology, patient data, depression treatment, SaaS, clinical decision support, psychiatric care, remote patient monitoring, mobile health, treatment outcomes, data-driven healthcare, MedTech, Valtteri Korkiakoski, Mindler, CE-certified, Tampere, Finland, mental wellness app, healthcare software

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