# Verse Medical

**Source:** https://www.startuphub.ai/startups/verse-medical
**Profile type:** Startup

> AI-powered platform for streamlining medical equipment procurement in home care.

## About

Verse Medical provides an AI-enabled platform designed to help large health systems, payors, and care teams optimize the procurement of medical equipment and supplies for in-home care. The platform offers real-time insurance coverage validation, extracts order details from medical records, and centralizes the entire procurement process.

## Key facts

- **Slug:** verse-medical
- **Website:** https://www.versemedical.com/
- **Location:** New York, United States
- **Founded:** 2018-01-01
- **Operating status:** Active
- **Total funding:** $67M
- **Sectors / tags:** Healthcare, HealthTech, Vertical SaaS, Digital Health, E-commerce, Logistics, Healthcare Software, Medical Supplies, DME, TMT, Life Sciences, Medical Devices, Consumer Health Services, Healthcare Technology Systems, Clinics/Outpatient Services, AI-enabled DME ordering and coordination platform, MedTech, Supply Chain, Enterprise Software, Workflow Automation, AI-Driven Procurement, Insurance Verification

## Frequently asked

### What does Verse Medical do?

Verse Medical provides an AI-enabled platform designed to help large health systems, payors, and care teams optimize the procurement of medical equipment and supplies for in-home care. The platform offers real-time insurance coverage validation, extracts order details from medical records, and centralizes the entire procurement process.

### What is Verse Medical's revenue?

StartupHub estimates Verse Medical's annual revenue at $21.8M (range $5.5M to $32.9M, 32% confidence), based on comparable companies in the sector.

### What is Verse Medical's valuation?

StartupHub estimates Verse Medical's effective valuation at $223.5M (range $167.8M to $402.8M, 19% confidence), based on comparable companies in the sector.

### How much funding has Verse Medical raised?

Verse Medical has raised a total of $67M in funding. The most recent round on record is Series C.

### Where is Verse Medical headquartered?

Verse Medical is headquartered in New York, United States.

### When was Verse Medical founded?

Verse Medical was founded in 2018.

### What industry does Verse Medical operate in?

Verse Medical operates in Healthcare, HealthTech, Vertical SaaS, Digital Health, E-commerce, Logistics.

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