
Medikamendo
Your medicines ordered online and delivered through your doctor and a local pharmacy.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Medikamendo GmbH, a Berlin-based health-tech entity founded in 2022, operates a digital platform designed to streamline the process of obtaining repeat prescriptions for patients with chronic conditions. The service aims to connect patients, doctors, and pharmacies, facilitating a fully digital workflow for medication management.
The process begins with a patient registering on the Medikamendo website and selecting their physician from a comprehensive list. They then request a follow-up prescription, which is automatically forwarded to the doctor's practice. After the doctor reviews the request and, if appropriate, issues an e-prescription, it is sent directly to the patient's chosen partner pharmacy. The patient can then opt for home delivery or pick up the medication at the local pharmacy. This model is intended to reduce the administrative burden on medical practices, such as lowering phone call volume, and save patients from unnecessary trips to the clinic.
The platform's business model is structured to be free of charge for both doctors and patients. Revenue is generated by charging pharmacies for their placement and visibility within the patient's ordering process. While the platform lists a large number of doctors across Germany, a point of contention has been that not all listed practitioners have actively consented to participate, which can lead to practices receiving unexpected prescription requests. Nevertheless, for participating pharmacies, the service offers a channel for additional revenue and allows them to compete with online pharmacies by offering local delivery services.
Keywords: digital health, e-prescription, repeat prescriptions, chronic disease management, medication supply, online pharmacy, telemedicine, patient-doctor platform, prescription delivery, health-tech Germany, digital prescriptions, pharmacy services, online doctor, medication ordering, chronic care, healthcare platform, e-health solutions, medication management, prescription service, physician portal