FundedIQ
Administrative Services

Medefy: Funding, Investors & Team (Sep 2026)

Medefy is an app in the healthcare industry that enables employers to directly communicate with their staff regarding their health benefits. This platform facilitates employers to interact and encourage their employees to make informed healthcare choices, as well as providing employees with the option to explore healthcare providers in their locality that offer better value and superior quality. Medefy was established in 2013 and has its headquarters situated in Tulsa, Oklahoma.

www.medefy.com LinkedIn Tulsa, United States 51-100 employees
Employee Benefits Health Care Software B2B
Total raised
$23.6M
Rounds
3
Latest
Series A
Dec 2023

Medefy has raised $23.6M across 3 funding rounds on record, the most recent a Series A of $10.0M announced in Dec 2023.

That round is above the $4.7M median round size for Administrative Services companies tracked on FundedIQ over the last two years.

Medefy Company Profile and Key Stats

Total funding raised
$23.6M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Series A
$10.0M in Dec 2023
Employees
51-100
reported band
Headquarters
Tulsa, United States

Latest funding round on record: Dec 2023.

Medefy Funding Rounds

Date
Round
Amount
Series A
$10.0M
Undisclosed round
$11.1M
Undisclosed round
$2.5M

Medefy raised $2.5M in an undisclosed round announced in May 2021.

2.4 years later, an undisclosed round of $11.1M was announced in Oct 2023.

2 months later, a Series A of $10.0M was announced in Dec 2023.

Medefy Founders and Leadership Team

Name
Role
Contact
Nathan Gilchrist
Founder
Matt Scovil
CEO
Locked

Contact details for the Medefy team: 1 of 2 have an email address on file.

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Medefy Funding Compared to Other Administrative Services Startups

Segment
Companies
Median round
29,722
$7.5M
8,352
$15M

Medefy's latest round of $10.0M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.

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Medefy Funding FAQs

What does Medefy do?

Medefy is an app in the healthcare industry that enables employers to directly communicate with their staff regarding their health benefits. This platform facilitates employers to interact and encourage their employees to make informed healthcare choices, as well as providing employees with the option to explore healthcare providers in their locality that offer better value and superior quality. Medefy was established in 2013 and has its headquarters situated in Tulsa, Oklahoma.

How much funding has Medefy raised?

Medefy has raised $23.6M across 3 rounds on record. The most recent is a Series A of $10.0M announced in Dec 2023.

When did Medefy last raise funding?

Medefy's most recent funding round on record is a Series A of $10.0M, announced in Dec 2023.

Who founded Medefy?

FundedIQ lists Nathan Gilchrist (Founder) at Medefy.

Who is the CEO of Medefy?

Matt Scovil is listed as CEO at Medefy.

Where is Medefy headquartered?

Medefy is based in Tulsa, Oklahoma, United States.

How many employees does Medefy have?

Medefy is in the 51-100 employee band.

How does Medefy's funding compare to other Administrative Services startups?

Medefy's latest round of $10.0M is above the $4.7M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.

About FundedIQ's Medefy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Medefy is left off this page rather than filled in.

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