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MedCPU Financials (Revenue and Profit Estimates)
MedCPU seems to be a pretty secretive company, not a lot of financial information is disclosed about them. The have raised more than $50 million in total. They sell a software solution to help and advise clinical staff in hospitals. They are supported by Merck and UPMC Enterprises, and it is possible that UPMC is now the majority shareholder. They have offices in New York, Pittsburgh, and Israel
Submodel formula
Number of customers150 * Average Annual Price paid by a customer100,000
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Expense Variables
Office Rent (NYC, PIttsburgh, Tel Aviv)
700,000
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Employees (salaries)
13,200,000
Submodel formula
Number of employees110 * Average Salary (fully charged)120,000
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Other variables in submodels
Average Annual Price paid by a customer
100,000
1 comment
Emmanuel
Just an estimate... No source for this one
almost 3 years
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Number of customers
150
1 comment
Emmanuel
In this article from February 2016 announcing their latest large fundraising, it is said that they have 60 hospital facilities as customers. 2 years later, armed with more funding, we can estimate that they have at least doubled their customer base.
Emmanuel
"It will open a Pittsburgh office, hire more than 20 engineers and other staff to work with UPMC to co-develop additional products and to improve existing solutions." February 2016