hystrix medical
Hystrix Medical operates an online contracting marketplace for hospitals to procure medical devices and repeat-purchase supplies, headquartered in Langenthal, Switzerland. The company serves hospital procurement teams and was founded in 2017.
- Company typePrivate
- Founded2017
- HeadquartersLangenthal, Switzerland
- Headcount11–50
- GTM typeB2B
- OfferingDigital Commerce or Content
What hystrix medical does
Hystrix Medical operates an online contracting marketplace that connects hospitals with suppliers of medical devices and replenishing/repeat-purchase products. Founded in 2017 and headquartered in Langenthal, Switzerland, the company targets the hospital procurement function, with particular focus on high-frequency, repeatable supply categories where standardized contracting processes can reduce friction for both buyers and suppliers.
The company has raised approximately $6M across multiple funding rounds between 2018 and 2020, including a strategically significant $3.28M round in September 2020 led by Hirslanden AG — one of Switzerland's largest private hospital operators — and the Steyn Group. This investor base signals deep commercial alignment with the Swiss hospital sector and provides a potential anchor customer network. Earlier rounds included a StartAngels Network-led seed round and an EISMEA grant, indicating both private and public-sector validation of the marketplace thesis.
The leadership team comprises three co-founders: Philippe Hugli as CEO, Jonathan Campbell as COO/CFO, and Roman Eminger as CTO/CIO, complemented by a Chairman (Hans-Peter Guellich) and a Chief Commercial Officer (Maren Kunfermann). The business model is quote-based with no publicly disclosed pricing structure. Public information is limited: the company's website currently displays only a Cloudflare verification page, and detailed product architecture, customer logos, segment data, revenue figures, and operational metrics are not available in the source material, constraining deeper due diligence.
hystrix medical firmographics
Firmographics- Name
- hystrix medical
- Website
- https://hystrixmedical.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Hystrix Medical operates an online contracting marketplace for hospitals to procure medical devices and repeat-purchase supplies, headquartered in Langenthal, Switzerland. The company serves hospital procurement teams and was founded in 2017.
- Ownership category
- akta.pro rank
hystrix medical industry classification
Industry- Product category
- Healthcare B2B Marketplace
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Durable Medical Equipment (DME) & Home Health Distribution (CRAOAHAF)
- akta.pro secondary industry
- Healthcare On‑Demand Platforms (Telehealth, Home Care, Nursing) (BPAMAHAH)
Keywords
Where hystrix medical is headquartered
LocationHeadquarters
- HQ city
- Langenthal
- HQ country
- Switzerland
- HQ region
- Europe
Markets served
hystrix medical business model
Business model- GTM type
- B2B
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
hystrix medical product offering
Product offeringCore offering
Hystrix Medical operates an online contracting marketplace that connects hospitals with suppliers of medical devices and replenishing / repeat purchase products. The platform enables healthcare providers to source, compare, and contract for medical equipment and consumables through a digital procurement workflow.
Differentiator
Problem solved
Functional benefit
Products and services
- Hystrix Medical Online Contracting Marketplace
Companies that use hystrix medical
Customer profileIdeal customer profiles1 record
hystrix medical technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
hystrix medical partnerships and signals
Strategic signalRecent moves5 records
Expansion highlights4 records
hystrix medical competitors and assessment
Company assessmentBroad incumbents
- Symplr: Symplr provides healthcare operations software including provider data management, contract management, and spend management solutions for hospitals. Comparable as a hospital-focused contract and supplier management technology provider.
- Coupa Software: Coupa offers a broad business spend management platform with healthcare-relevant procurement and contracting modules. Comparable as a digital procurement platform that hospitals may use to contract with medical device suppliers, though it serves all industries.
- SAP Ariba: SAP Ariba is a leading B2B procurement and supplier network used across industries including healthcare. Hospitals use it for sourcing and contracting, making it an indirect competitor and broad incumbent in the procurement space Hystrix targets.
- Vizient: Vizient is a major US healthcare performance improvement company that provides group purchasing organization (GPO) services and procurement analytics to hospitals. It is comparable as a healthcare procurement intermediary serving hospitals, though significantly larger and US-focused.
- Global Healthcare Exchange (GHX): GHX operates one of the largest healthcare-focused supply chain and procurement networks, connecting hospitals and medical device suppliers for electronic transactions. It is the most direct broad incumbent comparable to Hystrix's marketplace model, operating at much greater scale globally.
- Premier Inc. Premier is a US healthcare improvement company operating a GPO and supply chain services network serving thousands of hospitals. Comparable as a hospital-focused procurement and contracting platform, though much larger and broader in scope.
Regional players
- Owens & Minor: Owens & Minor is a global medical product distribution and supply chain services company serving hospitals and healthcare providers. Comparable as a traditional medical device and supply distributor whose hospital customers are exactly the buyers Hystrix targets through its marketplace.
- Medline Industries: Medline is one of the largest private medical supply manufacturers and distributors in the world, serving hospitals across the US and increasingly Europe. It is comparable as a major medical device and supply distribution channel to hospitals, the same demand Hystrix's marketplace serves.
Emerging players
- H-Source: H-Source operates a B2B marketplace for hospitals and healthcare providers to buy and sell medical equipment and supplies, including surplus inventory. It is a closely comparable marketplace player serving hospital procurement of medical devices and supplies.
Direct peers
- Prodigo Solutions: Prodigo Solutions is a healthcare supply chain technology company providing procurement and contract management platforms to hospitals and health systems. It is a direct competitor offering similar contracting and marketplace-adjacent functionality for hospital medical device procurement.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
hystrix medical social profiles
Digital presencehystrix medical financial estimates
Financial estimateRevenue estimate
Valuation estimate
hystrix medical leadership team
Management profileNumber of profiles
Profiles5 records
hystrix medical funding detail
Funding detailFunding overview
Funding rounds5 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
hystrix medical M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about hystrix medical
What does hystrix medical do?
Hystrix Medical operates an online contracting marketplace that connects hospitals with suppliers of medical devices and replenishing / repeat purchase products. The platform enables healthcare providers to source, compare, and contract for medical equipment and consumables through a digital procurement workflow.
When was hystrix medical founded?
hystrix medical was founded in 2017. It employs 11 to 50 people.
Where is hystrix medical based?
hystrix medical is headquartered in Langenthal, Switzerland, in the Europe region.
Who are hystrix medical's main competitors?
Broad incumbents on record are Symplr, Coupa Software, SAP Ariba, Vizient, Global Healthcare Exchange (GHX) and Premier Inc.. Regional players are Owens & Minor and Medline Industries. H-Source is listed as an emerging player. Prodigo Solutions is listed as a direct peer.
Does hystrix medical have an API?
No public API is recorded for hystrix medical.
What industry is hystrix medical in?
hystrix medical's product category is Healthcare B2B Marketplace. Its primary akta.pro industry code is CRAOAHAF, Durable Medical Equipment (DME) & Home Health Distribution, with a secondary code of BPAMAHAH, Healthcare On‑Demand Platforms (Telehealth, Home Care, Nursing). Its NAICS code is 5182 and its SIC code is 3841.