MedHyve
Website unreachable since Oct 19, 2026
The startup operates an online procurement platform that digitizes the supply chain for pharmaceuticals, connecting small to medium hospitals with medical product suppliers. By facilitating access to affordable and readily available healthcare products, the platform addresses the challenges of product sourcing in developing countries.
- Commerce & Shopping
- Enterprise Software
- Healthcare Technology
- Software Only
Funding
Raised to date
$410KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 1 round
$408K · Seed
Announced Jan 2022
Disclosed cumulative: $408K
Founders
Product
Problem
Small to medium-sized hospitals in developing countries face challenges in sourcing affordable and readily available pharmaceuticals and medical products due to fragmented supply chains and limited access to suppliers. This can lead to increased costs and potential shortages of essential healthcare products.
Solution
MedHyve provides an online procurement platform designed to streamline the supply chain for pharmaceuticals and medical products, specifically targeting small to medium-sized hospitals. The platform connects these hospitals directly with a network of medical product suppliers, facilitating access to a wider range of products at competitive prices. By digitizing the procurement process, MedHyve aims to improve efficiency, reduce costs, and ensure a more reliable supply of essential healthcare products for hospitals in developing regions. The platform offers intelligent procurement tools and dashboards to empower clients.
Target Audience
The primary target audience is small to medium-sized hospitals in developing countries, particularly in regions like the Philippines, seeking to improve their procurement processes and access affordable medical supplies.
Features
- Online marketplace connecting hospitals with verified medical product suppliers.
- Streamlined procurement process with digital ordering and tracking.
- Intelligent dashboards providing insights into spending and supply chain performance.
- Tools for comparing prices and product availability across multiple suppliers.