Medisas
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
Medisas, Inc. was a healthcare software startup founded by physician Gautam Sivakumar, a team of clinicians, engineers and designers reinventing hospital software. It built record-keeping software designed to power safer, more effective care - recording shift changes, patient transfers and discharges that could be shared from any device during the patient journey. The company went through Y Combinator in 2013, raised a seed round and a Series A in December 2016. PitchBook lists the company as out of business as of April 14, 2021.
02 / Medisas FAILURE REASONS
Failure reasons
Medisas failed to survive in the hospital-software market despite a Series A in 2016. Hospital IT is dominated by entrenched electronic-medical-record vendors, long sales cycles and institutional resistance to new workflows; a small startup selling record-keeping tools to hospitals struggled to build durable revenue. PitchBook records the company as out of business on April 14, 2021, with no acquisition or public shutdown announcement found.
03 / EVENT HISTORY
Events in the structured record
- Founded
Physician Gautam Sivakumar founded Medisas to reinvent hospital software; the company went through Y Combinator and raised a seed round.
- Series A
Medisas raised a Series A round in December 2016.
- Out of business
PitchBook lists Medisas as out of business as of April 14, 2021; no acquisition or dated shutdown announcement was found.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
Founded by physician Gautam Sivakumar; team of clinicians, engineers and designers.
- 02
Y Combinator 2013; seed round 2013 ($120K); Series A December 2016.
- 03
Record-keeping software for shift change, patient transfer and patient discharge.
- 04
PitchBook: out of business 14-Apr-2021.
- 05
No reliable loss figure disclosed; funding rounds are not losses.