FundedIQ
Biotechnology

Shared Medical Services: Funding, Investors & Team (Sep 2026)

Shared Medical Systems is a provider of specialized medical diagnostic imaging solutions for the health care industry. It supplies specialized imaging solutions, including MRI (Magnetic Resonance Imaging), PET/CT (Positron Emission Tomography/Computed Tomography), CT (Computed Tomography), and Digital Mammography. It was founded in 1980 by Joe Arington and is based in Cottage Grove, Wisconsin.

www.sharedmed.com LinkedIn Cottage Grove, United States 251-500 employees
Total raised
$100k
Rounds
1
Latest
Undisclosed round
Jan 2024

Shared Medical Services has raised $100k across 1 funding round on record, the most recent an undisclosed round of $100k announced in Jan 2024.

That round is below the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Shared Medical Services Company Profile and Key Stats

Total funding raised
$100k
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$100k in Jan 2024
Employees
251-500
reported band
Headquarters
Cottage Grove, United States

Latest funding round on record: Jan 2024.

Shared Medical Services Funding Rounds

Date
Round
Amount
Undisclosed round
$100k

Shared Medical Services Founders and Leadership Team

Name
Role
Contact
Joe Arington
Founder
Locked

Contact details for the Shared Medical Services team: 1 of 1 has an email address on file.

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Shared Medical Services Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,183
$8.0M
29,878
$7.5M

Shared Medical Services' latest round of $100k is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Shared Medical Services Funding FAQs

What does Shared Medical Services do?

Shared Medical Systems is a provider of specialized medical diagnostic imaging solutions for the health care industry. It supplies specialized imaging solutions, including MRI (Magnetic Resonance Imaging), PET/CT (Positron Emission Tomography/Computed Tomography), CT (Computed Tomography), and Digital Mammography. It was founded in 1980 by Joe Arington and is based in Cottage Grove, Wisconsin.

How much funding has Shared Medical Services raised?

Shared Medical Services has raised $100k across 1 round on record. The most recent is an undisclosed round of $100k announced in Jan 2024.

When did Shared Medical Services last raise funding?

Shared Medical Services' most recent funding round on record is an undisclosed round of $100k, announced in Jan 2024.

Who founded Shared Medical Services?

FundedIQ lists Joe Arington (Founder) at Shared Medical Services.

Where is Shared Medical Services headquartered?

Shared Medical Services is based in Cottage Grove, Wisconsin, United States.

How many employees does Shared Medical Services have?

Shared Medical Services is in the 251-500 employee band.

How does Shared Medical Services' funding compare to other Biotechnology startups?

Shared Medical Services' latest round of $100k is below the $8.0M median round size for Biotechnology companies on FundedIQ across 4,183 tracked companies over the last two years.

About FundedIQ's Shared Medical Services 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 Shared Medical Services is left off this page rather than filled in.

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