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Medinas Health is a company that operates a marketplace for health organizations to buy and sell unused or short-date medical equipment and supplies to each other. Medinas Health was founded in 2017 by Chloe Alpert, Jesse Avshalomov, Romy Seth, and Tim Growney. Medina Health aims to decrease medical product waste by re-selling these products instead to medical centers that require them for immediate use. The company is based in Berkeley, California.
Medinas Health provides a service to match health organizations – such as hospitals, clinics, nursing homes – who have an immediate need for certain medical supplies or equipment with those who have a surplus of those. It is a web-based service that is intended to automatically match the two parties.
Medinas Health has received $4 million in total since 2018. It has most recently held a Seed Round in October 2018, raising $2.5 million in funding. Medinas Health has been financed by 14 investors, with three among them as lead investors. Past investors include VentureSouq, Hack VC, NFX, Alan Rutledge, and Bryan Frist.
