ProMedEx: Funding, Investors & Team (Oct 2026)
ProMedEx is a medical devices distributor based in the Saudi Arabian market, selecting representation of manufacturers of innovative state of the art medical technologies. Professionally staffed and well financed with an aggressive marketing strategy, Promedex offers you the key to market penetration & expansion in market share from the Gulf market. We are inspired by the needs of these patients and health care providers who treat them. The company also plays an active part in developing the skills of leading medical practitioners. There is a fundamental that serves the foundation of our company: We provide solutions
ProMedEx has raised $48.7M across 2 funding rounds on record, the most recent an undisclosed round of $28.8M announced in Apr 2026.
That round is above the $4.9M median round size for Health Care companies tracked on FundedIQ over the last two years.
ProMedEx Company Profile and Key Stats
Latest funding round on record: Apr 2026.
ProMedEx Funding Rounds
ProMedEx raised $19.9M in an undisclosed round announced in Oct 2024.
1.5 years later, an undisclosed round of $28.8M was announced in Apr 2026.
ProMedEx Founders and Leadership Team
No contact details are on record for this team yet.
ProMedEx Funding Compared to Other Health Care Startups
ProMedEx's latest round of $28.8M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.
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ProMedEx Funding FAQs
What does ProMedEx do?
ProMedEx is a medical devices distributor based in the Saudi Arabian market, selecting representation of manufacturers of innovative state of the art medical technologies. Professionally staffed and well financed with an aggressive marketing strategy, Promedex offers you the key to market penetration & expansion in market share from the Gulf market. We are inspired by the needs of these patients and health care providers who treat them. The company also plays an active part in developing the skills of leading medical practitioners. There is a fundamental that serves the foundation of our company: We provide solutions
How much funding has ProMedEx raised?
ProMedEx has raised $48.7M across 2 rounds on record. The most recent is an undisclosed round of $28.8M announced in Apr 2026.
When did ProMedEx last raise funding?
ProMedEx's most recent funding round on record is an undisclosed round of $28.8M, announced in Apr 2026.
Who founded ProMedEx?
FundedIQ lists Greg Klomp (Founder), Jonathan Wedgbury (Founder) at ProMedEx.
Where is ProMedEx headquartered?
ProMedEx is based in Al Khobar, Ash Sharqiyah, Saudi Arabia.
How many employees does ProMedEx have?
ProMedEx is in the 101-250 employee band.
How does ProMedEx's funding compare to other Health Care startups?
ProMedEx's latest round of $28.8M is above the $4.9M median round size for Health Care companies on FundedIQ across 3,659 tracked companies over the last two years.
About FundedIQ's ProMedEx 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 ProMedEx is left off this page rather than filled in.
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