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§ Private Profile · Tulsa, OK, USA
Medefy is a technology company.
Medefy provides a comprehensive platform that combines advanced technology with human expertise to simplify healthcare benefits navigation. Its core product centralizes individual benefits information through an intuitive app, engages members year-round about their plans, and offers 24/7 access to expert Care Guides who steer users toward cost-effective, high-quality care. This approach aims to maximize benefits utilization and reduce healthcare complexities for employees.
The company was founded in 2018 by cousins Matthew Scovil, now CEO, and Nathan Gilchrist, Chief Experience Officer. Their shared insight stemmed from a desire to demystify health benefits, making them more accessible and understandable for individuals. Their collaborative efforts established Medefy with the goal of transforming how people interact with their health plans.
Medefy serves a diverse clientele, including benefits advisors, HR leaders, public sector entities, TPAs, PEOs, and health plans, by helping them improve employee engagement and optimize healthcare spending. The company’s mission is to make healthcare universally accessible, ensuring everyone can easily understand and utilize their health benefits, ultimately fostering better health outcomes and financial efficiency.
Medefy has raised $15.0M across 1 funding round.
Medefy has raised $15.0M in total across 1 funding round.
Medefy has raised $15.0M in total across 1 funding round.
Medefy's investors include Mercury Fund, Advantage Capital.
Medefy has raised $15.0M across 1 funding round. Most recently, it raised $15.0M Series A in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2023 | $15M Series A | Mercury Fund | Advantage Capital | Announced |
Medefy is a benefits-navigation technology company that combines a mobile-first platform with live expert support to help employers and members understand and use health benefits, reduce costs, and simplify HR administration[1][3].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick final note: The above synthesis is drawn from Medefy’s public site and business listings that report funding, growth awards, and claimed outcomes; for investor‑grade diligence you should verify financials, client references, and outcomes directly with the company and through third‑party audits or contracts[1][2][3].