MedShift Closes $108M Funding


MedShift, a Charlotte NC-based medical technology company, raised $108M in funding.

Backers included Turning Rock Partners, Micota Capital, and OY6 Capital.

The company intends to use the funds to further expand operations and its business reach.

Founded in 2016 and Led by CEO Joe Gasque, MedShift is a medical technology company centered around three technology divisions, Specialty Device Subscription, Connected Medical Device (IoT), and the Velocity Technology Suite (Enterprise Software as a Service), and a range of complementary products and services that streamline the complex supply-and-demand landscape of device consumables and injectables, across various markets, including Dermatology, Gynecology, Plastic Surgery, and MedSpa.

The company currently has partnered with 25 aesthetic manufacturers and distributors, a portfolio of 80+ devices and over 2,000 active medical providers.